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SL2 Capital
SL2 Capital invests in mission-driven founders developing web 3.0 technologies. The firm has made 19 investments to date. Its most recent investment was in...
SL2 Capital
SL2 Capital invests in mission-driven founders developing web 3.0 technologies. The firm has made 19 investments to date. Its most recent investment was in DAFI Protocol, a Seed VC investment made on November 05, 2025.
General information
Firm type
Generalist
Year founded
2017
Location
Region
Middle East
Country
United Arab Emirates
City
Dubai
Corporate office
Dubai, United Arab Emirates
Additional offices
Claymont, Delaware, United States
Principals
Iftikhar Qasim
Founder / Partner
George Jason Absher
Founder / Partner
Sector focus
Frequently asked questions
How does SL2 Capital source its proprietary deal flow?
SL2 benefits from two distinct sourcing channels. First, its spin-out from Sea Capital provides access to the founder and operator networks built across Sea Limited's e-commerce and gaming businesses in Southeast Asia. Second, the firm's base in Dubai and its membership in the Emirates Family Office Association and Crypto Oasis Ecosystem connect it to Gulf-region private allocators, many of whom bring co-investment opportunities in early-stage tech and digital assets.
Does SL2 Capital participate in fund commitments or only direct deals?
Publicly available information shows only direct company and token positions. There is no record of SL2 deploying capital into third-party venture funds as a limited partner. Its portfolio footprint — Solana, Serum, IoTeX, and a now-historical FTX position — points to an entirely direct, concentrated approach rather than a fund-of-funds model.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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