Global Millennial Capital Ltd. (GMCL), a venture capital institution that introduces data science concepts into the traditional investment process, announced that its first US$20 million venture capital fund has successfully closed in an oversubscribed private subscription round. The fund, led by Qatar’s Al Attiyah Family Office, will invest in highly scalable, intellectual property-focused technology businesses. GMCL uses data-driven research methods to identify investment opportunities in the global technology sector and reduce investment bias. The company was founded in 2021 and has invested in 15 early-stage growth technology companies, covering decentralized finance, blockchain technology and other fields. GMCL also adopts a "profit and purpose" investment model that emphasizes the impact on social and financial inclusion by quantifying the tangible and intangible effects of investments, supporting the construction of technology companies that can change the way the new digital economy interacts.