Morningstar Ventures - aVenture Asset Manager Research
Location
Dubai, Emirate of Dubai, AE
Founded
2020
Morningstar Ventures is a Dubai-based proprietary investment firm that specializes in blockchain and digital assets, with a particular focus on the Elrond ecosystem. The firm primarily invests in early-stage companies, engaging in both token and equity investments. Morningstar Ventures typically participates in Seed, Series A, and other early funding rounds, supporting ambitious founders in the blockchain space.
Led by Chief Investment Officer Danilo S. Carlucci, Morningstar Ventures boasts a global team with expertise in technology, marketing, growth strategy, and design. Notable portfolio companies include Ancient8, Benqi Finance, Breederdao, and Ethernal Labs. The firm also launched the Elrond Dubai Incubator to support projects utilizing Elrond technology. Their investment philosophy emphasizes not just financial backing but also strategic support to help startups scale effectively.
Morningstar Ventures - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies21
Current Portfolio Count21
Top Investment Stages
Seed12 (60.0%)
Series A5 (25.0%)
Pre-Seed1 (5.0%)
Series B1 (5.0%)
Series D1 (5.0%)
Stage Mix
Seed 60%Series A 25%Pre-Seed 5%Series B 5%Series D 5%
Concentration shown as share of disclosed investments by stage.
