TLDR:
Global Millennial Capital has closed its first $20 million fund after an oversubscribed private subscription round. The venture capital fund, which aims to fund early-stage ventures that empower future digital economies, attracted investment from the Qatar-based Al Attiyah family office as well as other international and Gulf-based investors. Global Millennial Capital uses a data-driven research approach to identify investment white spaces in the global technology sector.
Key points:
- Global Millennial Capital has raised $20 million to fund early-stage ventures that empower future digital economies.
- The venture capital fund uses a data-driven research approach to identify investment white spaces in the global technology sector.
- The fund aims to invest in technology businesses that are exponentially scalable, IP-focused, and led by extraordinary entrepreneurial talent.
- Investors in the fund include the Qatar-based Al Attiyah family office and various Gulf-based and international investors.
- Global Millennial Capital has invested in a portfolio of 15 early-growth technology companies operating in disruptive sectors such as decentralized finance and blockchain technologies.
Global Millennial Capital Ltd. (GMCL) has raised $20 million to fund transformational early-stage ventures that empower future digital economies. The venture capital fund, which attracted investment from the Qatar-based Al Attiyah family office as well as other international and Gulf-based investors, uses a data-driven research approach to identify investment white spaces in the global technology sector.
GMCL aims to invest in technology businesses that are exponentially scalable, IP-focused, and led by extraordinary entrepreneurial talent. The fund has already invested in a portfolio of 15 early-growth technology companies operating in disruptive sectors such as decentralized finance, blockchain technologies, software, and fintech. These companies embody the prospect of design thinking and innovation in digital economies.
The senior members of GMCL’s management team have previously invested and exited funds with similar strategies and realized paths to exit over a realistic timeframe. The Advisory Board of the fund is composed of industry leaders with more than one hundred years of combined investment experience, bringing solid credentials in the areas of strategic advisory and asset management projects exceeding $6 billion.
GMCL is a member of the Impact Finance Research Consortium and pioneers a data-driven innovation and Profit with Purpose investment model for venture capital funds. The fund introduces the utilization of innovative impact metrics supported by robust research completed by innovative software. By quantifying the tangible and intangible effects of early-stage investments during the hyper-scalability cycles, industry stakeholders can discern not only financial returns but also impact metrics such as social and financial inclusion indices. This forms a strong thesis for impact-driven founders building scalable technology companies that can change the way consumers, companies, and governments interact in the new digital economy.
Global Millennial Capital Ltd. (PIF) is a venture capital fund registered with the British Virgin Islands Financial Services Commission with fund number 2037148. No part of this article is intended to be or may be relied upon as investment advice, investment recommendation, an offer to sell, or the solicitation of any offer to buy any security or adopt any investment strategy. Global Millennial Capital Ltd. (PIF) is not a registered investment advisor.
