Æ Ventures, an investment company providing initial funding, acceleration, and advisory support to blockchain projects, announced that they have provided over 1,5 million USD in investments to blockchain start-up companies since their launch in 2018. Æ Ventures also announced that applications are now open for the third edition of its Starfleet Accelerator program, which offers members mentorship and investment opportunities of up to $100,000 USD. The Accelerator Program will commence in early November 2019 and will take place in one of the hottest spots for emerging blockchain companies – Malta. Applications are now open at aeternitystarfleet.com and the application deadline is October 20, 2019 (at 11:59 pm EEST).
By tradition, the third edition of the Starfleet Accelerator program will commence with Genesis Week, a period when participating startups receive access to mentorship and support in areas such as business models, token economics, blockchain infrastructure, and æternity apps architecture, from the best experts in the industry. This edition of the program in Malta will also be a part of an ongoing cooperation with Microsoft Innovation Centre Malta, which host all Starfleet activities. Teams from all over the world will be able to participate in the Accelerator either on-site in Malta or remotely via a constant live-stream, and upon completion, Æ Ventures will provide the selected teams with funding of up to $100,000 USD.
First Starfleet Accelerator program in 2020 to take place in India
Æ Ventures also announced that India was chosen to be the official location for the first Starfleet acceleration program in 2020, which brings great opportunities for promising seed-stage blockchain startups from this part of the world. India is currently hosting the third-largest number of startup unicorns globally and is home to over 5 million working developers. It is also estimated that over 300 blockchain startups are currently operational in India and several more early-stage startups can directly benefit from the Starfleet acceleration program. Moreover, the Government of India is also keen on implementing blockchain solutions to provide efficient public welfare programs. In light of this potential, Starfleet India will be organized in partnership with IBC Media, a blockchain-based media company with extensive experience in organizing accelerator programs and conferences in India.
“We are amazed by the growth of the Starfleet accelerator program from its start to now and we can’t wait to launch the third edition with new companies breaking blockchain barriers,” said Nikola Stojanow, CEO of Æ Ventures. “Hosting the program in Malta and India presents new opportunities to engage the burgeoning blockchain culture in these regions and we’re proud to continue to foster global blockchain growth through these communities.”
For more information about the Starfleet Accelerator program, please visit aeternitystarfleet.com.
About AE Ventures
AE Ventures is an investment company providing initial funding, acceleration and advisory support to blockchain projects. The company also runs æternity Starfleet — a full-service global acceleration program for seed-stage startups utilizing blockchain. For more information, please visit aeternity-ventures.com.