Hedonova, a Los Angeles, CA-based alternative assets hedge fund, is raising a strategic series A1 funding round of $18.4 million at a $330 million valuation.
Chemie-Tech DMCC, a UAE based engineering and construction company, made the investment.
The company intends to use the funds to strengthen its data center investing and equipment finance business.
Led by Alexander Cavendish, Co-Founder & CEO, Hedonova is a hedge fund that 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. It has more than 2,000 accredited investors and $92 million in holdings.