Beam Ventures (formerly Merit Circle) is a frontier technology venture fund based in Abu Dhabi Global Market, investing in Web3, AI, gaming, and finance. Originally founded as Merit Circle, a decentralized autonomous organization focused on blockchain gaming, the entity rebranded to Beam and launched the $150M Beam Ventures qualified investor fund and accelerator.
Their most common stage is seed (42% of deals). Average disclosed round size is $4.9M (across 17 rounds with reported amounts).
Portfolio
19
Fund Size
$150M
Top Stage
Seed
Last 12 Mo
0
Team
DS
David Scanlan
Managing Partner
SB
Steven Bryson-Haynes
Head of Investment & Partnerships
DR
Daniel R.
Investments
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
19 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Pixelverse | Unknown | $2M | Jan 2024 |
 Param Labs | Unknown | $7M | Jan 2024 |
 Aethir | Seed | $9M | Jul 2023 |
 Mavia | Seed | $2.5M | Feb 2022 |
| CCrypto Raiders | Unknown | $6M | Jan 2022 |
 Blast Royale | Seed | — | Jan 2022 |
| GGoons of Balatroon | Unknown | $2.5M | Jan 2022 |
 Kaleidoco | Seed | $7M | Jan 2022 |
 Metatheory | Series A | $24M | Jan 2022 |
 Oxalis Games | Seed | $4.5M | Jan 2021 |
| RRainmaker Games | Seed | $4.7M | Dec 2020 |
 Esker | Pre-Seed | $500K | — |
 Esker Beauty | Pre-Seed | $500K | — |
 Cyball | Seed | $1.8M | — |
| HHeroes of Mavia | Strategic | $2.5M | — |
| DDrunk Robots | Unknown | $4.1M | — |
| BBloodLoop | Seed | $4M | — |
| KKokodi Games | Unknown | $1.1M | — |
 Jack Fertility | Pre-Seed | — | — |
Top Co-Investors
Animoca Brands7 shared
SkyVision Capital4 shared
HashKey Capital3 shared
Mechanism Capital3 shared
Big Brain Holdings2 shared
Pantera Capital2 shared
Crypto.com2 shared
BITKRAFT Ventures2 shared
Winklevoss Capital Management2 shared
DeFiance Capital2 shared
Yield Guild Games2 shared
Dragonfly2 shared
Double Peak Group2 shared
Delphi Ventures2 shared
Tess Ventures1 shared
Mirana Ventures1 shared
Maelstrom1 shared
Acton Capital1 shared
Selini Capital1 shared
Supercell1 shared
Last updated: 7 October 2026