{"id":91005,"date":"2024-04-17T00:00:00","date_gmt":"2024-04-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/gda-capital-invests-usd-850k-in-u-topia\/"},"modified":"2024-04-17T00:00:00","modified_gmt":"2024-04-17T00:00:00","slug":"gda-capital-invests-usd-850k-in-u-topia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/","title":{"rendered":"GDA Capital invests USD 850k in U-Topia"},"content":{"rendered":"

Web3 tech company <\/strong>U-Topia<\/a><\/strong> raised USD 850k from digital asset investment firm <\/strong>GDA Capital<\/a><\/strong> as a follow-on investment<\/strong>, according to a press release<\/a>. GDA Capital executives will provide strategic advice to U-Topia as part of the agreement, the statement reads. <\/p>\n

Where the money\u2019s going:<\/strong> U-Topia will use the funds \u201cto develop cutting-edge features and technologies within the U-topia platform, thus enhancing its capabilities and reinforcing its position as a pioneering force at the intersection of the IP and blockchain industries.\u201d The new developments are geared towards helping the company expand internationally, according to the release. <\/p>\n

About U-Topia:<\/strong> Based in the UAE, the company was founded in 2021 by J\u00e9r\u00e9my Mahieu and Nicolas Pr\u00e9vost. U-Topia bills itself as an entertainment company that is \u201cdisrupting traditional IP licensing models.\u201d The company taps into intellectual property from Web2 \u2014 including GameFi, video games, and content from professional sporting teams \u2014 that is \u201cintegrated into gamified entertainment products, including video games, music, and movies.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The investment will be used to develop new features and support international expansion<\/p>\n","protected":false},"author":1,"featured_media":91006,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1557],"tags":[7,1161,1342,25,1162],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-91005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-enterpriseam-uae","tag-gda-capital","tag-investment","tag-investment-watch","tag-u-topia","wpautop","entry"],"acf":{"mongo_id":"54032fd7-0a72-4694-91d0-11e3a4951dd2","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/4\/1123.jpg","photo_position":"above","homepage_title":"","full_issue_title":"GDA Capital invests USD 850k in web3 tech company U-Topia","related_issue":[90984],"teaser":"The investment will be used to develop new features and support international expansion","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.9196631c-c74a-41d1-b798-c3b3840c0b34.mp3"},"yoast_head":"\nGDA Capital invests USD 850k in U-Topia - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GDA Capital invests USD 850k in U-Topia\" \/>\n<meta property=\"og:description\" content=\"The investment will be used to develop new features and support international expansion\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-17T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1123.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"GDA Capital invests USD 850k in U-Topia\",\"datePublished\":\"2024-04-17T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/\"},\"wordCount\":168,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/1123.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM UAE\",\"GDA Capital\",\"investment\",\"INVESTMENT WATCH\",\"U-Topia\"],\"articleSection\":[\"INVESTMENT WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2024\/04\/17\/gda-capital-invests-usd-850k-in-u-topia\/\",\"name\":\"GDA Capital invests USD 850k in U-Topia - 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