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DWF Labs

Asia, Dubai, United Arab Emirates, Dubai

Description

DWF Labs is a prominent global digital asset market maker and multi-stage Web3 investment firm, headquartered in Dubai, United Arab Emirates. Established with a dual mandate, the firm excels in providing deep liquidity and trading services across a vast array of digital assets, while simultaneously acting as a strategic investor in the burgeoning Web3 ecosystem. Their unique position as both a financial market participant and a venture capital entity allows them to offer comprehensive support to their portfolio companies, extending beyond mere capital injection to include critical market-making services.

The firm's investment strategy is notably flexible, spanning projects from their seed stage through to maturity. Unlike traditional venture capital firms that primarily focus on equity, DWF Labs frequently engages in significant token purchases, aligning with their expertise in digital asset markets. This approach enables them to deploy substantial capital quickly and strategically, often providing non-dilutive funding to projects. For instance, the firm publicly announced plans to deploy an impressive $500 million into Web3 projects over a specific period in 2023, underscoring their aggressive commitment to the space.

DWF Labs' portfolio is diverse, encompassing various sectors within Web3, including decentralized finance (DeFi), gaming (GameFi), infrastructure, and more. They are known for their rapid deployment of capital and their active involvement in supporting the market presence and liquidity of their invested projects. With a portfolio that includes investments in over 100 projects, DWF Labs has established itself as a highly active and influential player in the digital asset investment landscape, leveraging its market-making capabilities to foster growth and stability for its ventures.

Investor Profile

DWF Labs has backed more than 51 startups, with 18 new investments in the last 12 months alone. The firm has led 9 rounds, about 18% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Singapore, United Kingdom.
  • Strong thematic focus on Blockchain, Web3, Cryptocurrency.
  • Led 3 rounds in the past year.
  • Typical check size: $500K – $20M.

Stage Focus

  • Seed (55%)
  • Series Unknown (24%)
  • Series A (10%)
  • Initial Coin Offering (6%)
  • Pre Seed (2%)
  • Series B (2%)
  • Post Ipo Equity (2%)

Country Focus

  • United States (24%)
  • Singapore (20%)
  • United Kingdom (10%)
  • Hong Kong (6%)
  • United Arab Emirates (4%)
  • New Zealand (4%)
  • Sweden (2%)
  • Israel (2%)
  • Finland (2%)
  • Cayman Islands (2%)

Industry Focus

  • Blockchain
  • Web3
  • Cryptocurrency
  • Internet
  • Information Technology
  • Gaming
  • Decentralized Finance (Defi)
  • Financial Services
  • Artificial Intelligence (Ai)
  • Software
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does DWF Labs frequently co-invest with?

CV
Europe, England, United Kingdom, London
Co-Investments: 5
GBV Capital
North America, Midland, Cayman Islands, Grand Cayman
Co-Investments: 5
GSR
Europe, England, United Kingdom, London
Co-Investments: 6
Presto Labs
Asia, Central Region, Singapore, Singapore
Co-Investments: 5
Animoca Brands
Asia, Hong Kong Island, Hong Kong, Cyberport
Co-Investments: 6
Laser Digital
Europe, Zurich, Switzerland, Zürich
Co-Investments: 5
Foresight Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 4
KuCoin
Africa, Beau Vallon, Seychelles, Mahé
Co-Investments: 5
Gate.io
North America, Midland, Cayman Islands, George Town
Co-Investments: 5
Cypher Capital
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 5

Which angels does DWF Labs often collaborate with?

Matthew Tan
Asia, Kuala Lumpur, Malaysia, Kuala Lumpur
Shared Deals: 1
Jacob Ko
Asia, Singapore
Shared Deals: 1
Alex Svanevik
Asia, Singapore
Shared Deals: 1
MK
Asia, Singapore
Shared Deals: 1
DCF GOD
North America, California, United States
Shared Deals: 2
LS
Europe, Zurich, Switzerland, Zürich
Shared Deals: 1
CM
North America, California, United States, San Francisco
Shared Deals: 1
Arthur Hayes
Asia, Hong Kong
Shared Deals: 2
TL
North America, California, United States, San Francisco
Shared Deals: 1
Sergei Kovalev
Asia, Dubai, United Arab Emirates
Shared Deals: 2

What are some of recent deals done by DWF Labs?

Velvet.Capital is an intent-based DeFi Operating System that helps launch & manage on-chain funds & structured products.

Asset ManagementBlockchainCryptocurrencyFinTechSaaS
SeedJul 9, 2025
Amount Raised: $3,700,000

An AI-driven market intelligence agent designed to identify high-value trading signals.

CryptocurrencyWeb3
SeedJul 6, 2025
Amount Raised: $3,380,000

Zypher Network a decentralized trust infrastructure provider for autonomous AI agents.

Decentralized Finance (DeFi)
Series UnknownJul 4, 2025
Amount Raised: $7,000,000
Interactive Strength

Austin, Texas, United States

Interactive Strength is the maker of innovative specialty fitness equipment under the CLMBR and FORME brands.

FitnessTrainingWellness
Post Ipo EquityJun 11, 2025
Amount Raised: $55,000,000
Internet of Services

Singapore, Central Region, Singapore

Internet of Services develops a scalable layer 1 blockchain for online services.

ArchitectureBlockchainInternet
Series UnknownJun 6, 2025
Amount Raised: $21,000,000
aZen Protocol

Auckland, Auckland, New Zealand

Blockchain network, computing, DePIN, AI, Edge Computing

Artificial Intelligence (AI)BlockchainCloud ComputingDecentralized Finance (DeFi)Non-Fungible Token (NFT)Web3
SeedMay 1, 2025
Amount Raised: $1,200,000

Domin Network intends to connect various dApps and Apps with NFTs to break the system gap.

AppsInformation TechnologyWeb3
Series UnknownMar 17, 2025

ForU AI operates as a real-world AI agent.

Artificial Intelligence (AI)Blockchain
Series UnknownFeb 17, 2025

Bidask Protocol is a buying and selling platform that works on the TON blockchain that helps people trade more easily.

BlockchainDecentralized Finance (DeFi)Web3
Series UnknownFeb 12, 2025
Bluwhale

Santa Clara, California, United States

Bluwhale is a platform for decentralized knowledge data that enables Dapps to add intelligence via API calls.

Artificial Intelligence (AI)Computer VisionMachine LearningWeb3
Series AJan 27, 2025
Amount Raised: $25,000,000