What Adaverse does

Adaverse is a crypto-native venture firm and Cardano Ecosystem Accelerator founded in 2021 and headquartered in Lagos, Nigeria. The firm identifies and backs early-stage Web3 founders building "defensible and scalable solutions at the intersection of technology and decentralization," with a thematic focus on emerging markets where crypto adoption is structurally embedded, particularly across Africa, the Middle East, and Southeast Asia. It has built a portfolio of 40+ companies spanning fintech, DeFi, real estate, consumer data, and Web3 infrastructure, including UmrahCash, Nodo, Nestcoin, Scalex, Seso Global, and W3W.

The firm's core offerings are organized around three products: a venture investment program that deploys pre-seed and seed capital (e.g., a $500,000 pre-seed in UmrahCash), an accelerator program providing strategic guidance and network access, and the KSA Investor Syndicate, which connects conviction-driven investors across the US, Europe, and MENA to pre-vetted early-stage opportunities. The firm monetizes through investment returns (carry), management fees, and syndicate participation economics, though specific fee structures are not publicly disclosed. Distribution is driven primarily through community-led and event-driven channels: monthly roundtables, intimate dinners, quarterly demo days featuring 15 curated startups, participation in major events such as Token2049 Dubai, and a multi-channel content presence (blog, Medium, YouTube, LinkedIn, Twitter/X, Instagram, Facebook).

Adaverse maintains a four-continent operational footprint with offices in New York City (regional HQ), Singapore, Hong Kong, and Riyadh, supporting cross-border deal sourcing and portfolio support. Strategic partnerships with Coinbase Ventures, DeFi Technologies, Circle, the Cardano ecosystem, the Solana Foundation, and DFINITY/ICP extend its distribution reach and provide portfolio companies with access to exchanges, regulatory sandboxes, and media amplification. As a private firm with 11-50 employees, Adaverse operates without disclosed AUM, fund size, revenue, or ownership structure, and its capital base and exit track record remain data gaps.

Name

Adaverse

Legal name

Adaverse

Website

https://adaverse.co

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Adaverse is a crypto-native venture firm and Cardano Ecosystem Accelerator founded in 2021 and headquartered in Lagos, Nigeria, that backs early-stage Web3 founders in Africa, MENA, Southeast Asia, and the US through venture investment, an accelerator program, and the KSA Investor Syndicate.

Ownership category

akta.pro rank

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Investment Returns (Carry): Adaverse generates returns through equity investments in portfolio companies, typically taking ownership stakes in early-stage Web3 startups. Returns are realized through exit events such as acquisitions or public offerings.
2. Management Fees: As a venture studio and syndicate operator, Adaverse likely charges management fees for overseeing investor capital and portfolio companies, though specific fee structures are not publicly disclosed.
3. Syndicate Participation: Adaverse operates a KSA Investor Syndicate connecting investors with pre-seed to Series A opportunities across regions, potentially generating co-investment fees or carry from syndicate deal participation.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels9 records

Core offering

Adaverse is a crypto-native venture firm that identifies and backs Web3 and blockchain founders through equity investments, strategic guidance, and network access. The firm runs an accelerator program and the KSA Investor Syndicate, which connects conviction-driven investors across the US, Europe, and MENA regions to pre-seed and Series A opportunities. Focus areas include emerging markets such as Africa, the Middle East, and Asia where cryptocurrency adoption is deeply embedded.

Product overview

Adaverse is a crypto-native venture firm that operates as an investment and accelerator platform rather than a traditional product company. The firm provides venture investment services to Web3 startups, runs the KSA Investor Syndicate for cross-border deal flow, and offers strategic guidance through its accelerator program. All offerings are focused on emerging markets where decentralization is trusted and used, with a portfolio spanning companies across Africa, Asia, Middle East, North America, and Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Investment Services
• KSA Investor Syndicate
• Accelerator Program

Named customers7 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• cNGN / Continental Stablecoin Inc.coreStrategic or Co-development PartnerAdaverse is a proud supporter of cNGN, Africa's first regulated stablecoin. The firm provides backing as Continental Stablecoin Inc. builds the bridge between regulated finance and blockchain innovation in Africa. Adaverse's Venture Lead participated in Token2049 Dubai with cNGN's Managing Director.
• NestcoincoreStrategic or Co-development PartnerAdaverse invested in Nestcoin, a portfolio company building modern finance tools for Africa. Nestcoin's Onboard app enables users to store, send, and spend USD and crypto across borders with or without a bank account.
• DFINITY / Internet Computer ProtocolminorStrategic or Co-development PartnerAdaverse features DFINITY and ICP ecosystem coverage on their blog, supporting the Internet Computer Protocol community which operates in over 30 countries with 7,000+ nodes.
• Solana FoundationminorStrategic or Co-development PartnerAdaverse features Solana ecosystem content on their blog and conducts interviews with Solana's Middle East Lead, discussing the blockchain's expansion into Middle East markets.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• DAO Maker: DAO Maker is a Web3 VC and launchpad platform that runs tokenized fundraising and incubator programs for early-stage crypto startups. Comparable as a fundraising/investment platform for Web3 founders.
• Borderless Capital: Borderless Capital is a crypto-native VC focused on emerging markets and Web3 infrastructure (notably Algorand ecosystem), investing in Africa, LATAM, and Southeast Asia. It is the closest direct comparable to Adaverse in thesis, geography, and stage.
• Alliance DAO: Alliance DAO runs a Web3 accelerator and invests globally in early-stage crypto startups with cohort-based programming. Direct peer in accelerator-plus-fund structure serving Web3 founders (also appears in Adaverse's portfolio, underscoring overlap).
• Fenbushi Capital: Fenbushi Capital is one of Asia's earliest blockchain-focused VCs, investing across DeFi, infrastructure, and enterprise blockchain. Comparable as a regional institutional crypto-native VC with multi-region reach.
• Polygon Ventures: Polygon Ventures invests in early-stage Web3 startups building on Polygon and across the multi-chain ecosystem, with an emphasis on emerging markets. Comparable as a Layer-1-aligned venture vehicle supporting Web3 founders in similar geographies.
• Spartan Group: Spartan Group is a crypto-native investment and advisory firm active across Asia and emerging markets, providing venture investing, token advisory, and trading. Directly comparable as a multi-service crypto firm operating in Adaverse's regions.
• HashKey Capital: HashKey Capital is an institutional crypto-native VC investing across Layer-1 ecosystems, DeFi, and Web3 infrastructure with a strong Asia/MENA focus. Comparable as an institutional crypto fund operating across Adaverse's geographies.
• Outlier Ventures: Outlier Ventures is a Web3 accelerator and venture builder that runs cohort-based programs and token engineering for early-stage crypto startups. Comparable to Adaverse's accelerator + venture-studio model serving Web3 founders.
• IOSG Ventures: IOSG Ventures is a research-driven crypto fund investing across infrastructure, DeFi, and consumer Web3 with strong Asia connections. Comparable as an early-to-growth crypto-native VC with similar thesis and portfolio overlap.

Broad incumbents

• Animoca Brands: Animoca Brands is a large, established Web3 investor and builder operating a wide portfolio across gaming, metaverse, DeFi, and consumer crypto. Broader incumbent with overlapping Web3 venture activity but a much larger and more diversified mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Adaverse_Acc
• YouTubeyoutube.com/channel/UCZcATzyOykPDkoY5_0F_jkg
• Facebookfacebook.com/people/Adaverse-Accelerator/100074360176997
• LinkedInlinkedin.com/company/adaverse/posts/?feedView=all
• Instagraminstagram.com/adaverse_acc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments56 records

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

Frequently asked questions about Adaverse