Aleph Zero partners with Techstars as an innovation member for Chainwire’s Techstars Web3 Accelerator’s Class of 2024


Aleph Zero partners with Techstars as an innovation member for the Techstars Web3 Accelerator’s Class of 2024

Zug, Switzerland, March 15, 2024, Chainwire

Aleph Zero, a leading layer-1 privacy-enhancing blockchain, is partnering with Techstars, the world’s most active pre-seed investor, as an innovation member for the 2024 class of the Techstars Web3 Accelerator.

Techstars Web3 Accelerator works with entrepreneurs building Web3 and enabling the next wave of growth in the decentralized internet and tokenized economies. The 12 startups in the class of 2024 will receive funding of up to $120,000 and access to Techstars’ global network of mentors, investors, alumni and companies, as well as commercial and technical support from Aleph Zero as an innovation member.

Antoni Zolciak, co-founder of Aleph Zero, explained: “On the one hand, we can look at the best acceleration practices that Techstars has established over the years in building unicorn companies. On the other hand, we can accompany the founders on their new adventure – and look forward to learning from them ourselves. It’s a great opportunity to positively impact the web3 ecosystem in a variety of ways.”

Techstars is widely known for its prestigious accelerator programs, which have supported over 4,000 companies, 20 of which are valued at over $1 billion. His investments have helped propel leading technology companies such as Chainalysis, TradingView and Remitly. This new partnership with Techstars increases Aleph Zero’s visibility within a network known for driving technical innovation and represents a shared commitment to empowering founders to build the foundations of the new Internet.

“As we continue to build and support the web3 ecosystem, we are excited to work with Aleph Zero to drive the next generation of blockchain innovation,” said Pete Townsend, Managing Director of Techstars Web3.

“We are pleased and honored to support the founders of Techstars together with one of the most well-known pre-seed organizations in the world,” said Piotr Saczuk, Head of Investments at Aleph Zero. “Techstars has been home to one of the most successful global startups across all industries.”

While the program is largely virtual, the first week of the Techstars Web3 Accelerator began with in-person mentor office hours on March 11, 2024 in Dublin, including participation from Aleph Zero mentors. The program will include two additional in-person events – a mid-program meeting in London April 22-26, 2024 and the program’s final Demo Day in New York City June 3-6, 2024.

Techstar’s Web3 Accelerator Class of 2024Get to know the companies:

Artizen – Match funding platform for breakthroughs in human creativity.

Founder locations: USA / UK

The Colony – Shaping the future of collectibles through blockchain technology.

Founder locations: USA / Canada

Ember AI – AI DeFi companion that understands what you want and helps you do it safely, without new apps or hardware.

Founder locations: USA / Colombia

FairAI – Promoting democratized open source AI through a decentralized marketplace with digital ownership.

Founder locations: Portugal / USA

FileMarket – Multichain data tokenization protocol for storage and P2P trading of digital goods.

Founder’s location: Hong Kong

GenoBank – Ensuring privacy and data ownership of your genetic information.

Founder location: USA

Lantern Finance – Custody and lending services for the everyday investor.

Founder location: USA

Millicent – ​​The open smart contract platform for compliant DeFi in the real world.

Founders’ locations: UK/USA

PawPass – Digital identification for animals.

Founder location: UK

ProofSpace – No-code platform for reusable identity.

Founder location: UK

SportsyncTech – Empowering amateur sports organizations and athletes with innovative, data-driven solutions.

Founder locations: France / USA

Savvy – Interest-free lending protocol with overcollateralized deposits and self-paying loans.

Founder location: USA

For more information and the full announcement of the Web3 Class of 2024, visit the Techstars newsroom.

About Aleph Zero

Aleph Zero is a Layer 1 blockchain designed for speed, data confidentiality, and ease of development. It achieves efficiency comparable to traditional Web2 systems, adheres to strict data protection standards via ZKP and MPC, and provides a comprehensive toolset for WASM-based Web3 development in Rust. Aleph Zero’s versatility is highlighted by the active development of over 40 use cases, demonstrating its adaptability to various industries and applications. These use cases are part of an engaged community and growing ecosystem of Web3 applications powered by Aleph Zero programs.

About Techstars

Techstars is the most active pre-seed investor in the world and has invested in more than 4,000 companies through its accelerators. Founded in 2006, Techstars believes that entrepreneurs create a better future for everyone and that great ideas can come from anywhere. Now we’re on a mission to invest in an unprecedented number of startups per year, so more capital can flow to more entrepreneurs around the world. We achieve this by running accelerator programs and venture capital funds, as well as connecting startups, investors, companies and cities to help build thriving startup communities.

For media inquiries:

[email protected] [US]

[email protected] [UK & EU]

ContactPR managerJosh AdamsAleph zero[email protected]

This article was originally published on Chainwire


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