DWF Labs announced a $20 million fund for Chinese-speaking Web3 projects
Key receivers
DWF Labs launched a $20 million Cloudbreak fund for Web3 projects in Chinese-speaking regions. Fund targets GameFi, SocialFi, meme coins, derivatives and Layer 1/Layer 2 infrastructure projects.
Share this article
DWF Labs has launched a $20 million Cloudbreaks fund to support Web3 projects in Chinese-speaking regions. The fund aims to invest in promising initiatives in GameFi, SocialFi, meme coins, derivatives and blockchain infrastructure projects.
“Projects in Chinese-speaking regions have seen significant growth in recent months,” said Andrey Grachev, managing partner of the DWF Lab. “To meet this demand, Cloudbreak was created as a fund designed to unlock the potential of new projects in Chinese-speaking regions.”
This initiative follows DWF Labs' recent partnership with DMCC to provide a $5 million growth platform for Web3 and blockchain businesses in the MENA region.
DWF Labs is a Web3 investor and marketer that provides funding and access to over 700 projects. The company offers liquidity services, wallet integrations, hackathons, funding, and grant programs for various blockchains including Ton, Algorand, GalaChain, and Clatin.
According to the data collector Defillama, DWF Labs' latest investment was directed at Zentry, SocialFi and GameFi entity. In particular, more than 50% of their investments are focused on Layer-1 blockchains, gaming and decentralized financial applications.
Share this article
