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Vircon Legal Advised FirstBatch on its Pre-Seed Round Led by Foresight Ventures, Signum Capital and QNB Ventures

Vircon Legal — Investment News

Vircon Legal advised FirstBatch on its pre-seed round led by Foresight Ventures, Signum Capital and QNB Ventures.

FirstBatch is a privacy-preserving data infrastructure for AI; it lets users contribute data and personalization signals to AI applications without surrendering raw identity, enabling builders to ship hyper-personalized AI without conventional centralized data collection. The proposition addresses one of the central structural tensions of the current AI cycle: hyper-personalized AI requires deep user context, but conventional centralized data collection is increasingly constrained by both regulation and consumer trust dynamics.

Privacy-preserving data infrastructure for AI sits at the intersection of two structurally growing categories — AI personalization and on-chain identity — and has attracted some of the most active crypto-native and AI-thematic investors globally. Türkiye’s combination of deep applied-cryptography talent and a strong Web3 builder ecosystem has produced a credible cluster of teams in this segment. Pre-seed rounds in crypto-AI infrastructure tend to attract globally distributed lead investors with thesis depth in both halves of the stack, rather than purely regional capital — which materially affects the international reach of the company from day one.

Foresight Ventures is a leading Web3 investor with a global thesis; Signum Capital is one of Singapore’s most active crypto VCs; QNB Ventures is the venture arm of Qatar National Bank — together bringing a Web3-native, MENA-aware capital base to FirstBatch. The combination of Asia-Pacific crypto reach, MENA institutional capital and global Web3 thesis depth is unusually well-suited to a company building infrastructure intended to be adopted across multiple regional AI builder ecosystems.

Author

  • Erdem Mümtaz Hacıpaşaoğlu

    Mümtaz is the Managing Partner of Vircon Legal, which he founded in 2016. He advises founders, investors and operators on financing rounds, M&A, cross-border incorporations and regulated verticals — including crypto-asset infrastructure, fintech and games — bringing a former startup founder's perspective to every engagement.

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Published: 15 April 2022 · last updated: 25 May 2026
This article is for general informational purposes only and does not constitute legal advice. Laws and practices may have changed since the publication date. For specific situations, please consult Vircon Legal.
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