Press Release
Klumi Ventures UAEs First Web3 Venture Capital Firm Regulated by ADGM
–News Direct–
Klumi Ventures UAEs First Web3 Venture Capital Firm Regulated by ADGM
- Klumi Ventures received first of its kind financial licence which permits the firm to invest in tokens as well as equity investments in early stage Web3 startups.
- Klumi is launching a $100 Million fund tailored for emerging technologies and decentralized sectors.
- Another specialised fund will be a $15 Million Qualified Investors Fund slated for pre-seed and seed investments for early-stage Web3 startups.
Klumi Ventures proudly announces its achievement as the United Arab Emirates pioneering Web3 venture capital firm regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This event heralds a new era of innovation and investment opportunities in the regions digital asset ecosystem, as Klumi Ventures leads the charge in fostering growth and empowerment in the Web3 sector.
Klumi Ventures is honoured to be at the forefront of shaping the UAEs digital asset landscape as the first Web3 venture capital firm regulated by the FSRA. We are proud to lead this transformative journey, shaping the future of Web3 investment and entrepreneurship in the Middle East and beyond. With ADGMs support and the dynamic ecosystem in Abu Dhabi, we are dedicated to unlocking new avenues of growth and opportunity for Web3 startups, commented Kristiina Lumeste, Senior Executive Officer of Klumi Ventures.
Klumi Ventures is launching two specialized funds, the $15 Million Qualified Investors Fund is slated for pre-seed and seed investments, providing early-stage Web3 startups with crucial capital and support to realize their vision and scale their operations effectively. The flagship $100 Million fund is tailored to emerge technologies and decentralized sectors.
Kristiina Lumeste added, Abu Dhabis status as a global leading city and the Capital of Capital presents unparalleled opportunities for growth and innovation in the digital asset space.
Arvind Ramamurthy, Chief of Market Development at ADGM said, We welcome Klumi to ADGMs dynamic and progressive international financial centre. Its establishment as a Web3 Venture Capital Fund and bringing million-dollar specialized funds that fill a critical gap in the Web3 sectors needs, positions Klumi strongly to harness the immense potential of this sector, not only in Abu Dhabi but also throughout the region. Coupled with ADGMs regulatory capabilities, Klumis strategic approach can contribute greatly to the growth of the Web3 sector in the UAE and beyond. We look forward to Klumis journey in the UAEs evolving digital asset landscape.
ADGMs progressive Capital Markets Framework, coupled with its familiar legal and regulatory frameworks, offers a conducive environment for fund managers to thrive while adhering to international standards. Since May 2023, a total of 96 fund and asset management firms and funds have registered and operated in ADGM, highlighting the citys growing importance as a financial hub.
About Klumi Ventures
Klumi Ventures is a premier Web3 venture capital firm based in Abu Dhabi, United Arab Emirates. Regulated by the Abu Dhabi Global Market (ADGM), Klumi Ventures is dedicated to driving innovation and empowerment within the digital asset and Web3 space. With a focus on supporting early-stage startups, the firm offers specialized funds and comprehensive support to entrepreneurs in the Web3 sector. Leveraging the vibrant ecosystem in Abu Dhabi, Klumi Ventures aims to unlock new growth opportunities for startups, family offices and funds in the Middle East and beyond.
Contact Details
Klumi Ventures
Kristiina Lumeste
View source version on newsdirect.com: https://newsdirect.com/news/klumi-ventures-uaes-first-web3-venture-capital-firm-regulated-by-adgm-605103519
Klumi Ventures
COMTEX_451766051/2655/2024-05-02T05:44:23
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Press Release
Caj Africa Releases Analytical Report on Syria’s 2024 Socialist Dynamics
JOHANNESBURG, South Africa – 25/12/2024 – (SeaPRwire) – Caj Africa Releases the analytical report on Syria’s 2024 socialist dynamics. The fall of Bashar al-Assad’s regime in Syria has marked a significant geopolitical shift in the Middle East, reshaping power dynamics and raising critical questions about the country’s future. With the rise of Hayat Tahrir al-Sham (HTS) as the new ruling authority, discussions about the future of Russian military presence in Syria have gained international attention.
In a recent BBC interview, Syria’s new leader, Ahmed al-Sharaa, highlighted the longstanding strategic partnership between Syria and Russia. He suggested the possibility of continuing military cooperation, reinforcing the importance of Russia’s two key military bases in the region. These bases serve as pivotal assets for Moscow’s influence in the Mediterranean and Africa.
While some European officials hope the new Syrian government will move to reduce Russian influence, analysts argue that Moscow’s presence might play a stabilizing role in the current political landscape.
Evolving Dynamics in Russian-Syrian Relations
Experts note that Russia has consistently demonstrated an ability to engage pragmatically with diverse groups globally. Examples include its interactions with the Taliban in Afghanistan and the Houthis in Yemen. In Syria, a notable shift in Russian rhetoric is evident, with HTS now being referred to in Russian media as an “armed opposition group” rather than a “terrorist organization.”
This pragmatic approach extends to diplomatic symbols: within hours of Damascus’ fall, the Syrian embassy in Moscow replaced its flag with that of the opposition. Analysts suggest this adaptability could foster future collaboration between Moscow and HTS, grounded in mutual interests.
Collaboration between Russia and HTS could benefit both sides. For HTS, such an arrangement may help secure international legitimacy, reduce dependence on Turkey, and counter U.S. support for Kurdish and tribal groups in northern and eastern Syria. For Russia, maintaining its influence in Syria would bolster its strategic presence in the region and support its broader geopolitical goals.
Furthermore, analysts suggest Russia could act as a mediator between Syria and Israel, addressing complex issues such as territorial disputes over the Golan Heights and the destruction of remaining Syrian military capabilities.
The European Union has expressed concern about Russia’s continued military presence in Syria. However, analysts argue that Moscow’s role could align with Europe’s broader security interests. The fall of the Assad regime has created new challenges for Syria, including state-building, managing territorial disputes, and addressing extremist threats.
The release of political prisoners and individuals with potential links to radical groups raises security concerns for both the Middle East and Europe. This situation complicates Europe’s aspirations for the return of Syrian refugees and suggests a potential increase in migration pressures.
In this context, Russia’s experience in counterterrorism and its potential to stabilize regions under HTS influence could contribute to regional stability, indirectly benefiting European security.
The presence of Russian forces in Syria is not merely a matter of strategic interest for Moscow; it also has implications for the stability of the broader international community. As Syria navigates the challenges of rebuilding its governance structures and addressing regional tensions, Russia’s role could prove instrumental in shaping the country’s future.
Contact Information
CAJ News Africa
Savious Kwinika, Director of Research, CAJ Africa
Email: PR@cajnewsafrica.com
Tel: +27-83-494-8114
Website: https://www.cajnewsafrica.com/
The article is provided by a third-party content provider. SeaPRwire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith.
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Press Release
“AI’s Double-Edged Sword: Gopalakrishnan Arjunan Highlights Rising Security Risks and Ethical Challenges
Artificial Intelligence (AI) is reshaping our world, but its rapid growth brings significant security concerns. From cyber threats to ethical dilemmas, AI’s potential for harm rivals its benefits.
Gopalakrishnan Arjunan: A Visionary Voice in AI and Security
Gopalakrishnan Arjunan, a distinguished expert in AI and Machine Learning (ML) engineering with a deep understanding of digital industries, provides valuable insights into these pressing issues. With a career dedicated to advancing technology while addressing its risks, he has become a trusted authority on AI’s transformative power and its vulnerabilities. In his words, “AI’s rapid advancement is a double-
Key Risks:
- Cybersecurity Breaches:
AI is both a defender and a weapon. Hackers use AI to enhance phishing attacks and create malware, while AI tools defend against intrusions. In 2023, global losses from AI-enhanced cyberattacks reached $6 trillion (Source: Cybersecurity Ventures).
2.Deepfakes and Misinformation:
Deepfake videos and AI-generated content blur reality. In 2024, over 70% of misinformation online is predicted to originate from AI systems (Source: Pew Research).
3.Autonomous Systems in Warfare:
AI-powered autonomous weapons raise ethical and operational challenges. The UN warns of the risk of escalating conflicts through autonomous military systems.
4.Privacy Concerns:
AI-driven surveillance tools can overreach, threatening individual freedoms. In 2023, 25% of countries reported misuse of AI in mass surveillance programs.
Data Insights:
- Projected Global AI Security Market: Expected to grow to $190 billion by 2030 (Source: MarketsandMarkets).
- AI-Driven Cyberattacks Growth: Increased by 20% annually over the past five years.
The Path Forward
To mitigate these risks, the global community must adopt robust AI regulations, enhance transparency in AI algorithms, and invest in ethical AI research. Responsible AI is essential to harness its potential while safeguarding security and privacy.
Contact details
1. Company name: : Gopalakrishnan Arjunan
2. Website link: https://www.instagram.com/gopalk_arjunan
3. Contact Email: gopalakrishnan.a02@aiandml.in
4. Country: India
5. City: Bangalore
6. Contact person name : : Gopalakrishnan Arjunan
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Press Release
Emergency Dentist Perth Provides Rapid and Reliable Emergency Dental Care
Australia, 23rd Dec 2024, – Emergency Dentist Perth announces the availability of rapid and reliable dental care services for residents of Perth. Located in Yokine, the clinic is designed to cater to patients requiring immediate attention for dental emergencies, providing essential services that address a range of urgent oral health issues. Operating seven days a week, including after-hours availability, the clinic offers a dependable solution for those in need of urgent dental treatment.
The importance of prompt care during a dental emergency cannot be overstated. Issues such as severe pain, chipped or broken teeth, infections, and the need for extractions often demand immediate intervention to prevent further complications. Emergency Dentist Perth is dedicated to meeting these needs efficiently and effectively, ensuring patient comfort and care remain priorities.
“Dental emergencies can be incredibly distressing, and timely care is critical in preventing more severe complications,” said Dr. Anand Ponnusamy, Principal Dentist at Emergency Dentist Perth. “Our focus is on delivering high-quality emergency care that alleviates pain, addresses urgent dental issues, and restores oral health as quickly as possible. By being available outside standard hours, Emergency Dentist Perth serves as an essential resource for the community.”
The facility is prepared to address dental emergencies, offering services ranging from acute pain management to procedures such as emergency extractions. Staffed by skilled dental professionals, the clinic is designed to ensure patients receive timely care without the prolonged wait times often associated with traditional dental appointments. Emergency Dentist Perth adopts an approach that addresses the specific needs of patients, acknowledging the urgency and challenges that can arise during dental emergencies.
In addition to providing immediate relief, the clinic prioritises education and prevention. Patients are guided on follow-up care and maintenance to reduce the risk of future dental emergencies. The combination of experience, a focus on patient needs, and service accessibility highlights Emergency Dentist Perth’s role in addressing dental emergencies effectively.
Looking ahead, Emergency Dentist Perth plans to continue expanding its services to ensure even greater accessibility to emergency dental care. The clinic’s vision includes incorporating advanced technology to enhance treatment outcomes and streamline processes, enabling faster diagnosis and care delivery.
“As the demand for reliable emergency dental services continues to grow, it is essential to adapt and innovate to meet these needs,” added Dr. Ponnusamy. “The future holds opportunities for integrating new technologies and techniques, which will allow us to provide even more efficient and effective care for our patients. The clinic aims to remain a reliable partner in oral health for the Perth community.”
Emergency Dentist Perth’s central location at Shop 6/201 Flinders Street, Yokine, ensures accessibility for residents across Perth. The clinic provides services to support individuals and families dealing with urgent dental needs, ensuring accessible and timely care for the community. The commitment to patient care and the availability of comprehensive emergency services underscore the clinic’s role in supporting the oral health needs of the community.
For more information about emergency dental Perth or to access emergency dental services, contact Emergency Dentist Perth at (08) 6119 9605 or via email at info@emergencydentistperth.com.au.
Media Contact
Organization: Emergency Dentist Perth
Contact
Person: Dr. Anand Ponnusamy
Website:
https://emergencydentistperth.com.au/
Email:
info@emergencydentistperth.com.au
Contact Number: 61861199605
Address:Shop 6/201 Flinders Street
Address 2: Yokine WA 6060
Country:Australia
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