About Hand Of Midas
Hand Of Midas is a venture capital firm located in Los Angeles, United States. As of Jun 2024, Hand Of Midas has invested in 12 companies. It primarily invests in Seed round in United Arab Emirates based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Blockchain Technology and High Tech. Most recently it participated in the $***** Seed round of MegaMod Overall, Hand Of Midas portfolio has seen 3 acquisitions, namely DMarket, Darewise Entertainment and Slemma. Rubylight co-invest with Hand Of Midas, sharing a substantial percentage of its portfolio. Hand Of Midas has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Hand Of Midas' List of Top Investments
Hand Of Midas has a portfolio of 12 companies. Their most notable investmentis in MegaModTheir portfolio spans across United States, France, Ukraine and 2 more locations. They have invested in Enterprise Applications, Blockchain Technology, High Tech and 6 other sectors, across stages such as Seed stage. Here is the list of top investments by Hand Of Midas:1. Wallarm
API security platform delivering complete protection against attacks and abuse. It is a B2B SaaS company that provides a comprehensive solution for application and API security. The platform offers advanced API security, including API discovery, security testing, and abuse prevention. It helps organizations discover all APIs, detect and stop attacks, respond to incidents, and test APIs for security issues. It caters to various industries, including technology, healthcare, fintech, and e-commerce, and supports multiple cloud platforms like AWS, GCP, and Azure. The platform provides real-time API threat protection, AI agent security, and API SOC services. It offers features such as credential stuffing detection, API leak management, and cloud-native WAAP. The company focuses on protecting APIs and AI agents from threats, providing visibility, automated response, and integrations.
Key facts about Wallarm
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $75.1M
- Employee Count: 159 as on Jul 31, 2026
- Investors: Toba Capital, Zillionize and 8 Others
- Latest Funding Round: Series C, Jul 31, 2025, $*****
- Highlight: Editors' Pick
2. DMarket
DMarket is a blockchain-based platform for trading virtual assets. Users can buy or sell Steam blockchain items for USD and DMarket Blockchain items for DMC. Offers a blockchain explorer which displays transactions that have been performed on DMarket.
Key facts about DMarket
- Founded Year: 2017
- Location: Kyiv (Ukraine)
- Stage: Acquired
- Total Funding till date: $9.5M
- Employee Count: 44 as on May 31, 2026
- Investors: Almaz Capital, Larry-Carter and 6 Others
- Latest Funding Round: Series A, Oct 19, 2020, $*****
- Highlight: Acquired

3. Cherry Labs
Provider of AI-powered video analytics for industrial safety and efficiency. The company’s technology analyzes video streams using artificial intelligence and machine learning. It identifies human behavior and provides insights to improve business decisions. The system monitors safety issues, operationalizes process compliance, and improves operations. The platform works with existing cameras and pre-recorded videos. It offers data transparency and video verification for tracked events.
Key facts about Cherry Labs
- Founded Year: 2017
- Location: Redwood City (United States)
- Stage: Seed
- Employee Count: 10 as on Jul 31, 2026
- Investors: GVA Capital, BVA and 4 Others
- Latest Funding Round: Grant (prize money), Jul 20, 2022, $*****
- Highlight: Editors' Pick
Darewise Entertainment is an online game development studio. The company specializes in developing core games. Some of the games that the company has worked on are Doom, Thief, Horizon Zero Dawn, Farcry 5, etc. The upcoming game is "Life Beyond".
Key facts about Darewise Entertainment

5. MegaMod
Browser-based multiplayer platform that focuses on user-generated content. It allows creators to build and share their own virtual instances for game development without needing coding or drawing skills..
Key facts about MegaMod
- Founded Year: 2021
- Location: Dubai (United Arab Emirates)
- Stage: Seed
- Total Funding till date: $1.9M
- Employee Count: 11 as on Jul 31, 2026
- Investors: Rubylight, Hand Of Midas and 1 Other
- Latest Funding Round: Seed, Jun 19, 2024, $*****
- Highlight: Editors' Pick
Hand Of Midas' Year-on-Year Investment Trends
Its most recent first time investment was in MegaMod.Hand Of Midas' Investments by Stage
Hand Of Midas has made 1 investment in Seed stage with an average round size of $1.9M.Hand Of Midas' Investments by Sector
Hand Of Midas has a diverse portfolio, with companies operating in the Blockchain Technology, Enterprise Applications, Gaming and High Tech. Notably, it has invested in 8 Enterprise (B2B) companies, 8 Tech companies, 7 Software companies and at least 3 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Blockchain Technology | 1 |
Enterprise Applications | 1 |
Gaming | 1 |
High Tech | 1 |
Note: We have considered here, only first round of investments
Hand Of Midas' Investments by Geography
Hand Of Midas has made most investments in United Arab Emirates (1).Hand Of Midas' recent investments
Hand Of Midas has not made any investment in 2026 so far.Here are the most recent investments by Hand Of Midas:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 19, 2024 | United Arab Emirates | Seed | 6475 |
Acquired companies in Hand Of Midas' Portfolio
3 companies from Hand Of Midas' portfolio have been acquired. The most recent acquisition was DMarket in Jan 2023 by Mythical for $*****.Here are Hand Of Midas' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 25, 2023 | - | - | 9575 | |
Apr 13, 2022 | - | - | 7522 | |
Apr 22, 2021 | - | - | 3946 |
Team profile of Hand Of Midas
Hand Of Midas has a team of 1 member located in United States. Hand Of Midas' team does not sit on the board of any company as of now.Co-investors of Hand Of Midas
Over the past 2 years, one investor has co-invested in Hand Of Midas's portfolio companies. This includes funds and angels.
- Top Co-investors of Hand Of Midas: Rubylight entered a company along with Hand Of Midas.
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