TLDR:
- Global Millennial Capital raises $20 million in an oversubscribed private placement round
- Invests in technology businesses focusing on decentralized finance, blockchain, software, and fintech
Global Millennial Capital Ltd. has successfully raised $20 million in its first fund as part of an oversubscribed private placement round. The venture capital fund, established in 2021, aims to invest in early-stage technology businesses that are exponentially scalable, IP-focused, and led by exceptional entrepreneurial talent. The firm utilizes a data-driven research approach to identify investment opportunities in the global technology sector and reduce bias in decision-making.
The fund has already invested in a portfolio of fifteen early-growth technology companies operating in disruptive sectors such as decentralized finance, blockchain technologies, software, and fintech. The team at Global Millennial Capital comprises individuals with extensive experience in venture capital, mezzanine, credit, and private equity, bringing solid credentials to the table. The Advisory Board of the fund consists of industry leaders with over a hundred years of combined investment experience.
Global Millennial Capital pioneers the “Profit with Purpose” methodology for venture capital funds by introducing impact metrics supported by data science and robust research. The fund focuses not only on financial returns but also on impact metrics such as social and financial inclusion indices. This approach aims to support impact-driven founders in building scalable technology companies that can drive change in the new digital economy.
