Global Millennial Capital Raises $20 Million to Fund Transformational Early-Stage Ventures That Empower Future Digital Economies
February 13, 2024: Boston, Massachusetts: Global Millennial Capital Ltd., an award-winning venture capital fund that uses a data-driven research approach to identify investment white spaces in the global technology sector and eliminate investment bias, is set to announce the close of a $20 million Fund I, anchored by the prestigious Qatar-based family office, Al Attiyah. The funds will be invested by Global Millennial Capital Ltd. (PIF), in exponentially scalable, IP-focused ventures led by extraordinary entrepreneurial talent.
Global Millennial Capital Ltd. is committed to supporting the young generation of startups operating in disruptive spaces such as decentralized finance, blockchain technologies, software, and fintech. With their immense potential, these early-stage companies embody the prospect of design thinking and innovation that will forever change the technology landscape and consumer experience.
Building on a Proven Investment Track Record in Venture Capital
We build on a robust foundation as we position ourselves for the next decade. Global Millennial Capital Ltd. was founded in 2021, amid the global COVID-19 pandemic, to invest in technology businesses and provide investors from the Gulf region and globally, access to the most lucrative investment opportunities in partnerships with leading academic institutions such as Harvard Business School, Wharton Business School, Chicago Booth Business School and others. Under our current leadership, the firm has earned a reputation as an expert early-stage investor, having unparalleled access to a curated deal flow comparable, if not better, to the household names in the venture capital sector in Silicon Valley.
Since the beginning, our track record includes:
Sourced and developed relationships with more than 250 early-stage companies despite our research and analysis comprising more than 20,000 companies.
Invested in more than twenty-nine technology companies with key access to Silicon Valley’s most notable co-investors and world-class accelerators.
Increased our on-the-ground presence in the United States with a dedicated team of ten venture partners whose work is complemented by an advisory board comprised of industry and functional experts.
A Unique and Differentiated Investment Model Sets Global Millennial Capital Apart
We use a research-driven model to augment our deal-sourcing capability and automate the selection of start-ups, which is our unique value proposition. Global Millennial Capital leverages a data-driven and AI-enabled approach to identify venture capital investment themes and company-specific opportunities. This distinctive approach sets us apart, offering a unique view of secular trends. Andreea Danila, the Founder and General Partner of Global Millennial Capital, along with our Advisory Board have previously invested and exited funds with similar strategies, with a track record of advising on various sector agnostic mid-market transactions, with a combined equity value exceeding $4 billion.
Our Commitment to Developing a Leading Next Generation Venture Capital Firm
The team at Global Millennial Capital brings a lucrative yet “contrarian” perspective. It feels comfortable to think outside the box, take calculated risks and support the entrepreneurial journey of our founders “all the way”. We believe there are no ceilings to growth or success, and this captures how we work together with our partners coupled with our commitment to implementing sustainable investment practices for all our investments.
Our investors are relatively new to early stage investing; hence, our diversification strategy for constructing each portfolio is important while acknowledging each of our investments is a potential “home-run.” As early-stage investing defines our business model, investing with the lenses of creating optionality and follow-on funding options are critical requirements for our long-term institutional asset management growth path.
Our founders are the real inspiration of our story. The innovative spirits pushing us into the future while creating socio-economic value is something we highly admire. We are genuinely privileged to be a partner and early supporter in their exciting journey.
Disclaimer: Global Millennial Capital Ltd. (PIF) is a venture capital fund registered with the British Virgin Islands Financial Services Commission with fund number 2037148. No part of this article is intended to be or may be relied upon, as investment advice, investment recommendation, an offer to sell, or the solicitation of any offer to buy, any security or adopt any investment strategy. Global Millennial Capital Ltd. (PIF) is not a registered investment advisor.