Hedonova Raises $18.4M in Series A1 at a $330 Million Valuation

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Hedonova, a Los Angeles, CA-based alternative assets hedge fund, is raising a strategic series A1 funding round of $18.4m at a $330 million valuation.

Chemie-Tech DMCC, a UAE based engineering and construction company, made the investment, which will strengthen its data center investing and equipment finance business. 

Founded in 2020 and led by Alexander Cavendish, CEO, 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 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.