Hedonova, an alternative assets hedge fund, is raising a strategic series A1 funding round of $18.4 million at a $330 million valuation from Chemie-Tech DMCC, a UAE based engineering and construction company.
Chemie-Tech’s investment will strengthen Hedonova’s data centre investing and equipment finance business, and comes on the heels of Hedonova’s recent $3 million investment in the alternative investment management firm, Alts.
Hedonova is a unique hedge fund that is working to make investing in modern assets more accessible and convenient. The hedge fund offers its investors access to over twelve alternative asset classes through a single diversified fund, and currently offers investments in cryptos, NFTs, art, startups, real estate, media assets, art, and more. Through its unique model, Hedonova has become a sought-after fund and in just two years, it has more than 2,000 accredited investors and $92 million in holdings.