Hashgraph Ventures Manager Ltd, a licensed and regulated venture capital fund under the Abu Dhabi Global Market ADGM, has pledged 1 million to support the Hedera Africa Hackathon, Africa's largest Web3 innovation event focused on accelerating digital transformation and economic inclusion across the continent. Outstanding projects emerging from the hackathon will be assessed individually for potential follow-on investment.
The pledge aligns with Hashgraph Ventures' mandate to support high-growth, early-stage ventures building real-world solutions across blockchain, artificial intelligence AI, and deep technology. The initiative is being delivered in partnership with The Hashgraph Association, a Swiss non-profit promoting global adoption of the Hedera ecosystem, and the Exponential Science Foundation, a global organisation dedicated to breakthrough technologies.
With additional participation from United Gulf Financial Services UGFS, total equity investment commitments linked to the hackathon have reached 2 million, complemented by a 1 million prize pool provided by The Hashgraph Association and Exponential Science Foundation.
