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Techstars and Aleph Zero Partner to Support Web3 Startups
Techstars, a renowned pre-seed investor, has joined forces with Aleph Zero, a leading privacy-enhancing Layer 1 blockchain, to support the next generation of blockchain innovation. The partnership aims to empower entrepreneurs in the web3 space and foster the growth of decentralized internet and tokenized economies.
Accelerating Web3 Startups
The Techstars Web3 Accelerator’s class of 2024 will benefit from this collaboration, receiving up to $120,000 in funding and gaining access to Techstars’ global network of mentors, investors, alumni, and corporates. Additionally, they will receive commercial and technical support from Aleph Zero as an Innovation Member, further enhancing their prospects for success.
Empowering Founders
With a focus on nurturing startups, Techstars has a track record of supporting over 4,000 companies, with 20 of them achieving valuations exceeding $1 billion USD. This partnership with Aleph Zero signifies a collective commitment to empowering founders to build the foundations of the new internet, fostering a thriving web3 ecosystem.
Global Impact
While the program is predominantly virtual, it kicked off with in-person mentor office hours in Dublin, with further in-person events scheduled in London and New York City. This global approach reflects the commitment to supporting startups from diverse locations and backgrounds, ensuring a broad and inclusive impact on the web3 ecosystem.
Meet the Web3 Class of 2024
The 12 startups selected for the Techstars Web3 Accelerator’s class of 2024 represent a diverse range of innovative projects in the web3 space. From AI DeFi companions to platforms for compliant real-world DeFi, these startups are poised to make significant contributions to the decentralized internet and tokenized economies.
- Artizen: A match-funding platform for breakthroughs in human creativity.
- The Colony: Shaping the future of collectibles through blockchain technology.
- Ember AI: An AI DeFi companion that understands and secures user actions without the need for new apps or hardware.
- FairAI: Fueling democratized open-source AI through a decentralized marketplace with digital property rights.
- FileMarket: A multichain data tokenization protocol for storage and P2P digital goods trading.
- GenoBank: Ensuring the privacy and data ownership of genetic information.
- Lantern Finance: Providing custodial staking and lending services for the everyday investor.
- Millicent: An open smart contract platform for compliant real-world DeFi.
- PawPass: Offering digital identification for animals.
- ProofSpace: A no-code platform for reusable identity.
- SportsyncTech: Empowering amateur sports organizations and athletes with innovative, data-driven solutions.
- Savvy: A platform for interest-free lending with overcollateralized deposits and self-repaying loans.
Aleph Zero: Engineering the Future of Blockchain
Aleph Zero, as a layer 1 blockchain, is engineered for speed, data confidentiality, and ease of development. With a comprehensive toolset for web3 development in Rust, Aleph Zero’s versatility is showcased through over 40 actively developed use cases, demonstrating its adaptability across various sectors and applications.
This partnership between Techstars and Aleph Zero represents a significant step in fostering the growth and innovation of web3 startups, with a focus on empowering founders and supporting the next wave of blockchain innovation.
📎 Read the original article on chainwire.org
