DUBAI: Indian cricket star Shikhar Dhawan has launched Da One Global Ventures (DOGV), a $75 million global venture capital fund that will focus on innovation across the sports spectrum.
DOGV’s targeted investments will span multi-stage startups across sports tech, esports, gaming, and Web3.
The fund, which consists of a greenshoe option of $25m, is incorporated in Abu Dhabi and its divisions will include a SportsTech Accelerator and esports Venture studio.
The announcement was made at the weekend during the annual Abu Dhabi Global Market Finance Week at the weekend.
“I am elated to start a new innings and embark on this journey in the world of venture capital,” Dhawan was quoted as saying in a release.
“All this would not have been possible without the support of my commercial partners and the founding team’s commitment to this fund, in readiness for this week’s announcement and targeted deployment in Q1 2023-24.
