Hedonova Raised $18.4M in SeriesA1 at $330M Value

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 company and construction firm made the investment. The company plans to use the funds for equipment financing and investment in data centers. 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.