Global Millennial Capital's fund has completed a $100 million fundraising, focusing on the DeFi sector

By: rootdata|2026/05/05 21:55:00
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According to PR Newswire, Global Millennial Capital (GMCL) announced that its first "IPO Opportunities Fund" has completed a final fundraising of $100 million, with investors including family offices from Saudi Arabia, Kuwait, and Qatar, as well as international wealth management institutions. The fund will provide investment opportunities in technology companies approaching liquidity events through private placements for professional and institutional investors.

The fund primarily targets mid-sized technology companies with market capitalizations between $5 billion and $20 billion, focusing on areas such as artificial intelligence and DeFi technology, and emphasizing companies with scalable business models, stable revenue structures, and mature governance systems.

GMCL stated that these mid-sized technology companies are in the early stages of value release but are often overlooked by large funds and early investors. The fund's strategy will focus on participating in critical stages before a company's IPO or strategic exit while strengthening risk management and investment discipline.

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