/Investor DB

DWF Labs

Venture capital

Dubai · Pre-Seed–Seed · 7 people tracked

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Investment thesis

DWF Labs positions itself as a new-generation Web3 investor and market maker, combining venture investment with high-frequency crypto trading and liquidity provision. Its ventures arm backs early-stage crypto projects and founders with strategic investments, while its trading operations offer market making and OTC solutions across more than 60 exchanges. The firm runs multiple thematic funds, including a Meme Fund, AI Agent Fund, Liquid Fund, and a $75M DeFi Fund focused on perpetual DEXs, money markets, and yield protocols. It reports a portfolio of over 1000 projects and support for a significant share of top market-cap crypto assets.

Source: firm website, verified Sep 26, 2026.

Stage
Pre-Seed–Seed
HQ
Dubai, AE
Leads rounds
Leads
Instruments
Equity
Founded
2022
AUM
$75M
Tracked investments
21

Team · 7 people

from the firm's website
Derrick Lui· VP Legal and Strategyin

What they invest in

from 16 of 21 portfolio companies

Crypto & Web3 ×14Fintech ×8AI & Machine Learning ×3Gaming ×3Data & Infrastructure ×2Developer Tools ×2EdTech ×2Cloud Computing ×1

HQs:Czechia×1

Investments · 21 tracked

founders shown can be your intro path

By year:2024 · 42023 · 15 dated

Velvet Capitalvelvet.capitalin𝕏✓ verified

Velvet is an all-in-one non-custodial trading terminal for executing spot, perpetual, and yield trades across seven blockchains with integrated DeFi protocol access, real-time onchain analytics, and an AI copilot.

Crypto & Web3Fintech

Vasily Nikonov(Founder)in

Co-investorsBlockchain Founders FundFunFair VenturesGains AssociatesLucidBlue VenturesMindfulness CapitalMucker Capital+2 more

Algorandalgorand.coin𝕏

The Algorand Foundation supports and grows the Algorand blockchain ecosystem by improving the developer experience, contributing to core protocol infrastructure and standards, and enabling decentralized governance.

Crypto & Web3Deep TechDeveloper ToolsFintechQuantum Computing

Silvio Micali(Founder)inSteven Kokinos(Founder)

Co-investorsAlumni VenturesAndromeda CapitalArrington CapitalBasecamp FundBig Candle CapitalBixin Capital+27 more

Celocelo.org𝕏

Celo is a blockchain network designed for stablecoin payments and global financial transactions, positioned as a Layer 2 solution built on Ethereum's ecosystem.

Crypto & Web3Fintech

Marek Olszewski(Founder)Rene Reinsberg(Founder)Sep Kamvar(Founder)

Co-investorsA.Capital Venturesa16z cryptoCoinbase VenturesFuture Perfect VenturesMetastableOlima Ventures+8 more

Falconcra.czin𝕏

CRA operates digital infrastructure in the Czech Republic, providing services such as data centers, cloud hosting, cybersecurity, IoT connectivity, and broadcast/television services including HbbTV.

Cloud ComputingIoTMedia & Entertainment

Milos Mastnikin

Co-investorsMid Europa PartnersCypher CapitalM2 CapitalWorld Liberty Financial

Falcon Financefalcon.financein𝕏

Falcon Finance builds collateralization infrastructure on blockchain, using diverse trading strategies to generate institutional-grade yields for its users.

Crypto & Web3Fintech

Co-investorsCypher CapitalM2 CapitalWorld Liberty Financial

Fetchfetch.aiin𝕏

Fetch.ai offers a personal AI assistant that fulfills user requests in natural language — such as booking flights, making reservations, and planning trips — by coordinating multiple specialized AI agents from trusted brands.

AI & Machine LearningConsumerCrypto & Web3

Humayun Sheikh(Founder)in

Co-investorsBlack DragonBlockwallDTA Capital Advisors, LLCIncrypt BlockchainRR2 CapitalSpark Digital Capital+8 more

Flokifloki.com

Floki is a cryptocurrency project built around the FLOKI utility token, offering an ecosystem that spans GameFi, DeFi, NFTs, a metaverse, crypto education, and staking.

Crypto & Web3EdTechGaming

Galagala.com

GalaConnect is a web3 interface for interacting with GalaChain, letting users bridge, send, wrap, and manage digital assets across GalaChain, Ethereum, Solana, and TON via connected crypto wallets.

Crypto & Web3

Graphlinqgraphlinq.io𝕏Mar 2024

GraphLinq offers a no-code IDE for building automated Web3 workflows using a node-graph interface with over 300 pre-built blocks across integration categories.

AI & Machine LearningCrypto & Web3Developer Tools

John Robert Bussiculoin

Co-investorsWWVentures

Jupjup.ag𝕏

Jupiter is a decentralized finance platform on the Solana blockchain that lets users swap tokens, lend and borrow crypto, trade perpetuals, use prediction markets, and manage a DeFi portfolio in one interface.

Crypto & Web3Fintech

Co-investorsAZDAGHyperchain CapitalParaFi CapitalParafi General FundJump Crypto

Mantle Networkmantle.xyz𝕏

Mantle operates an Ethereum layer-2 network using ZK proofs, along with a treasury and token-holder governed roadmap for on-chain products.

Crypto & Web3Data & InfrastructureFintech

Co-investorsDragonflyMirana VenturesBitDAORR2 Capital

Toncointon.org

The Open Network (TON) is a blockchain ecosystem integrated into Telegram that connects payments, digital assets, and mini apps, with its native coin Gram used for fees, validation, and voting.

Crypto & Web3Fintech

Pavel Durov(Founder)

Co-investorsDraper AssociatesFJ LabsGate VenturesHypersphere VenturesLvna CapitalMEXC Ventures+10 more

Tron Foundationtron.network

TRON is a decentralized blockchain platform that hosts a large USDT stablecoin network along with DeFi, payments, and Web3 applications.

Crypto & Web3Data & InfrastructureFintech

Yield Guild Gamesyieldguild.io𝕏Feb 2023

YGG Play is a publisher of casual games built on blockchain technology, connecting game studios with players and communities in the cryptocurrency gaming space.

Crypto & Web3Gaming

Gabby Dizon(Founder)inBeryl Li(Founder)

Co-investorsA.Capital Venturesa16z cryptoAndreessen HorowitzAscensive AssetsAtelierBitkraft Esports Ventures+19 more

Zentryguildfi.comAug 2024

Zentry, formerly GuildFi, is building a blockchain-based "Superlayer" that unifies Web3, Web2, social and real-world gaming activity.

Jarindr Thitadilaka(Founder)

Co-investorsHashedKyros VenturesLongHash VenturesLPI FinancePantera CapitalPetRock Capital+2 more

Zentryzentry.com𝕏Aug 2024

Zentry builds a human-agentic operating system that integrates AI agents, gamified applications, and data infrastructure to enable human-AI co-evolution.

AI & Machine LearningCrypto & Web3Gaming

Co-investorsAnimoca BrandsCoinbase VenturesDeFiance CapitalPantera CapitalSkyVision CapitalAlphaLab Capital+2 more

Zentryzentry.ioAug 2024

Zentry provides a platform for school districts to document student services, track student progress, and manage compliance so services can be matched to state requirements and submitted as Medicaid-style claims.

EdTechGovTechSaaS

Co-investors640 Oxford

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

BeamBlock StreetDepinsimNotcoin

Frequently asked questions

How many investments has DWF Labs made?
DWF Labs has 21 tracked investments.
What stage does DWF Labs invest at?
DWF Labs invests at the Pre-Seed, Seed stages.
What sectors does DWF Labs focus on?
DWF Labs focuses on Crypto & Web3, Fintech.
Where is DWF Labs located?
DWF Labs is headquartered in Dubai, AE.
Does DWF Labs lead rounds?
Yes, DWF Labs leads investment rounds.
Who does DWF Labs co-invest with?
DWF Labs most often shares deals with A.Capital Ventures, a16z crypto, Lvna Capital, among 72 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Inside BBW: Andrei Grachev from DWF Labs

Cryptic Web3 · Andrei Grachev

Markets - Brave New World | Andrei Grachev, DWF Labs

DWF LABS · Andrei Grachev

Liquidity Wars: The Rise of Fundamentals | Andrei Grachev, DWF Labs

DWF LABS · Andrei Grachev

Solana Market Pulse | Lingling Jiang, DWF Labs and Falcon Finance

DWF LABS · Lingling Jiang

Changing The Crypto World Order | Andrei Grachev, DWF Labs

DWF LABS · Andrei Grachev

The Unicorn Journey: Insights from Top Venture Capitalists | Andrei Grachev, DWF Labs

DWF LABS · Andrei Grachev

Images

DWF Labs photoDWF Labs photoDWF Labs photoDWF Labs photoDWF Labs photo

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