Further Ventures

What Further Ventures does

Further Ventures Limited is an Abu Dhabi-headquartered, FSRA-regulated venture capital and asset management platform founded in 2022, operating through three business segments. The Ventures arm functions as an institutional co-founder for fintech and digital-asset startups, leading concentrated capital commitments from formation through Series A; an 18-company portfolio spans digital-asset custody (Dfns, Zodia), decentralized exchange infrastructure (Grvt), regulated SME lending (CredibleX), tokenization and RWA platforms (KAIO, Fuze), institutional staking (Twinstake), Web3 insurance (Soter), institutional banking (Pave Bank), and South Korea-based research (Four Pillars). The Liquid arm runs the Further Liquidity Crypto Fund and the Further x 3iQ Alpha Digital market-neutral hedge fund (seeded at $100 million in December 2025 alongside 3iQ Corp., including a Bitcoin-denominated share class for institutional and sovereign investors). The Funds arm operates a fund-of-funds platform investing in leading global venture and digital-asset managers such as CoinFund, Hack VC, AlleyCorp, Bienville Capital, Liberty City Ventures, Science, Diagram, Expa, Super{set}, and SpaceWalk.

The firm generates revenue through asset management economics — management fees and carried interest on its venture, liquid, and fund-of-fund vehicles — rather than product SaaS or transactional revenue. Distribution is exclusively direct: a small senior team led by Managing Partners Mohamed Hamdy and Faisal Al Hammadi engages founders and institutional LPs without intermediaries, primarily through ADGM-based outreach, proprietary events (Further Network Summit, Token Soirée at Token2049), and research-led thought leadership. Portfolio value-add is regulatory navigation under the ADGM framework, executive-network-driven business development, talent sourcing, and reserved follow-on capital to support companies from seed through Series A and beyond.

Geographic operations span the Middle East (Anchored in ADGM, Abu Dhabi), with active deal-flow in EMEA (UK, France, Portugal), North America (US-based portfolio and fund-of-funds exposure), and Asia Pacific (South Korea, Japan, broader APAC via fund-of-funds partners). The capital structure is privately held with no parent company or institutional PE ownership disclosed; own-fund rounds, ownership composition, and detailed AUM beyond the announced $100M 3iQ fund are not publicly disclosed.

Name

Further Ventures

Legal name

Further Ventures Limited

Website

https://further.ae

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Further Ventures is an Abu Dhabi-based, FSRA-regulated venture capital and asset management firm that builds and invests in fintech and digital-asset companies globally, manages liquid crypto hedge funds, and runs a fund-of-funds platform, serving institutional and sovereign investors alongside portfolio founders.

Ownership category

akta.pro rank

Product category

Venture Capital & Digital Asset Management

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYFSANAAAD

Sector-Focused Venture Capital (Vertical Specialists)

Financial & Insurance/Private Equity & Venture Capital/Venture Capital Firms

SECONDARYFSANAAAJ

Venture Capital Fund-of-Funds / Multi-Manager Platforms

Financial & Insurance/Private Equity & Venture Capital/Venture Capital Firms

Keywords

• Venture capital
• Digital asset management
• Fund of funds
• Fintech investment
• Crypto hedge fund

Headquarters

HQ city

Abu Dhabi

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Venture Capital Returns: Returns from equity investments in portfolio companies through Further Ventures
2. Fund of Funds Management: Further Fund of Funds invests in leading global venture and digital asset managers, providing management fees and carried interest from fund investments
3. Digital Asset Fund Management: Further Liquidity Crypto Fund provides institutional investors with access to scalable digital asset strategies, generating management fees from fund operations
4. Market-Neutral Crypto Fund: Further x 3iQ Alpha Digital hedge fund provides institutional investors exposure to digital assets with market-neutral strategies, seeded at $100 million

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Further Ventures is a venture capital and asset management platform that invests in fintech and digital asset companies. It operates three business lines: a venture arm that builds and backs financial infrastructure companies, a fund-of-funds strategy investing in global venture and digital asset managers, and liquid digital asset funds for institutional investors, including the Further Liquidity Crypto Fund and the Further x 3iQ Alpha Digital market-neutral hedge fund. The firm is regulated by the FSRA of Abu Dhabi Global Market and provides portfolio companies with regulatory, talent, and business development support alongside capital.

Product overview

Further Ventures operates as a venture capital and asset management platform that invests in fintech and digital asset companies. The platform consists of three main components: Further Ventures (venture arm that builds and invests in companies powering financial markets), Further Asset Management (integrating venture, fund-of-funds, and digital-asset strategies), and the Further Fund of Funds (investing in global venture and digital asset managers). Additionally, Further Asset Management offers the Further Liquidity Crypto Fund for institutional digital asset strategies and the Further x 3iQ Alpha Digital Fund, a market-neutral hedge fund seeded at $100 million. The portfolio spans 18 companies including CredibleX (SME lending), Dfns (wallet infrastructure), Four Pillars (Web3 research), Fuze (digital asset infrastructure), Grvt (DEX), KAIO (tokenization), Theia Insights (AI-driven financial classification), and Zodia Custody (crypto custody).

Differentiator

Problem solved

Functional benefit

Products and services

• Further Ventures Venture capital arm that builds and invests in companies powering the financial markets of the future, connecting next-generation financial infrastructure with capital markets worldwide. Targets founders enabling institutional partners to securely store and transfer assets, trade structured products, operate decentralized networks, tokenize funds, and settle derivatives trustlessly.
• Further Asset Management Asset management platform that integrates venture, fund-of-funds, and digital-asset strategies to build and manage institutional exposure to high-growth opportunities across financial and digital asset markets.
• Further Liquidity Crypto Fund Liquid digital asset fund providing institutional investors with access to scalable digital asset strategies designed to deliver diversification, liquidity, and long-term value, applying institutional-grade risk management in partnership with established managers.
• Further Fund of Funds Fund-of-funds strategy that invests in leading global venture and digital asset managers, providing access to specialized strategies, deep sector expertise, and unique deal flow across emerging and established markets.
• Further x 3iQ Alpha Digital Fund Market-neutral multi-strategy digital asset hedge fund providing institutional and sovereign investors with risk-managed exposure to digital assets, with a focus on Bitcoin and a BTC-denominated share class for compounding returns.

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• ZKsyncminorStrategic or Co-development Partner · 18 September 2025ZKsync served as co-lead investor in Grvt's Series A and provides the ZK technology stack enabling Grvt's privacy-by-default infrastructure.
• EigenLayer (EigenCloud)minorStrategic or Co-development Partner · 18 September 2025EigenLayer co-led Grvt's Series A funding and provides data availability solutions through EigenDA, enabling Grvt to operate at cloud scale.
• IBMminorStrategic or Co-development Partner · 15 January 2025IBM partnered with Dfns (portfolio company of Further Ventures) to launch IBM Digital Asset Haven, a platform for managing digital assets for institutions supporting over 40 blockchains.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pantera Capital: One of the oldest and largest US digital asset-focused venture and hedge fund managers. Directly comparable to Further Ventures in offering multi-strategy crypto exposure (venture, liquid, FoF) and co-led Four Pillars' Series A alongside Further.
• Galaxy Digital: Public digital asset financial services and investment management firm combining venture investing, trading, and asset management. Closely mirrors Further's integrated venture + liquid strategies platform.
• Multicoin Capital: Thesis-driven crypto venture and liquid token fund manager. Comparable as a digital asset-native multi-strategy investor competing for the same founder and institutional LP relationships as Further.
• CoinFund: Crypto-native investment firm operating venture and FoF strategies. Listed as one of Further's own fund-of-funds managers, illustrating near-identical multi-strategy model and direct overlap in deal flow sourcing.
• 3iQ Corp: Canadian digital asset investment fund manager. Directly comparable as Further's strategic partner in launching the $100M Further x 3iQ Alpha Digital hedge fund, with overlapping institutional LP and crypto product capabilities.
• ParaFi Capital: Digital asset investment firm spanning venture and liquid strategies. Comparable as a multi-strategy crypto-native manager pursuing similar infrastructure and DeFi investments.
• Spartan Group: Crypto-native venture and liquid token fund manager with Asia-Pacific roots. Directly comparable multi-strategy model and competes for similar global digital asset infrastructure deals.

Broad incumbents

• Andreessen Horowitz (a16z crypto): Largest US venture firm with a dedicated crypto fund. Broader incumbent competing for the same institutional-quality crypto infrastructure deals, but operating at materially greater scale and brand recognition.
• Digital Currency Group: Diversified digital asset conglomerate spanning venture (Grayscale), media, and direct investments. Operates a much broader portfolio than Further but represents the scaled incumbent benchmark for crypto-native capital deployment.

Regional players

• Hashkey Capital: Asia-focused digital asset investment and trading firm. Comparable as a regulated crypto asset manager, though primarily serving Asian LPs and portfolio companies rather than MENA institutions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/further
• LinkedInlinkedin.com/company/further-asset-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments21 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Further Ventures