Private Equity

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Levitate Labs

Levitate is a venture capital fund investing in Web3, blockchain projects, DeFi protocols, and crypto ventures. We back bold founders shaping the decentralized...

Levitate Labs logo

Levitate Labs

Levitate is a venture capital fund investing in Web3, blockchain projects, DeFi protocols, and crypto ventures. We back bold founders shaping the decentralized future.

General information

Firm type

Private Equity

Year founded

2021

Location

Region

Middle East

Country

United Arab Emirates

City

Dubai

Corporate office

Dubai, United Arab Emirates

Sector focus

Web3

Frequently asked questions

What investment stages does Levitate Labs target?

The firm targets early-stage companies, including start-up and growth equity rounds. Its mandate spans pre-revenue seed through expansion-stage capital, a deliberate departure from the late-stage growth and buyout preferences typical of the UAE's dominant sovereign-backed investors. This positions the firm to capture value at the formation stage of regional technology ecosystems.

How is Levitate Labs different from sovereign wealth funds in the UAE?

Unlike Abu Dhabi Investment Authority, Mubadala, or Dubai Holding, which deploy billions into global late-stage, infrastructure, and real estate, Levitate Labs writes smaller equity checks into companies at their earliest institutional rounds. This creates a structural distinction: the sovereigns pursue mature, lower-risk assets, while Levitate Labs addresses the market gap for institutional venture and growth capital in sub-$10 million rounds.

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