Aleph Zero Partners with Techstars as Innovation Member for Techstars Web3 Accelerator Class 2024 by Chainwire


Aleph Zero Partners with Techstars as Innovation Member for Techstars Web3 Accelerator Class 2024

Zug, Switzerland, March 15, 2024, Chainwire

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

Techstars Web3 Accelerator works with entrepreneurs building web3 and enabling the next wave of growth in decentralized internet and tokenized economies. The 12 startups in the Class of 2024 will receive up to $120,000 in funding and access to Techstars' global network of mentors, investors, alumni and companies, along with commercial and technical support from Aleph Zero as an innovation member.

Antoni Zolciak, co-founder of Aleph Zero, said: “On the one hand, we can dive into the acceleration best practices that Techstars established over the years helping to build unicorn companies. On the other hand, we can help founders in their new adventure and hope to learn from them as well. “It is an incredible opportunity to positively impact the web3 ecosystem in multiple ways.”

Techstars has become widely known for its prestigious accelerator programs that have nurtured over 4,000 companies, 20 of which are valued at over $1 billion. His investments have helped power leading technology companies including Chainalysis, TradingView, and Remitly. This new partnership with Techstars increases Aleph Zero's visibility within a network recognized for fostering technological innovation and represents a collective commitment to empower founders to build the foundations of the new Internet.

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

“We are excited and honored to support the founders of Techstars together with one of the most prominent pre-seed organizations in the world,” said Piotr Saczuk, Chief Investment Officer at Aleph Zero. “Techstars has been home to one of the most successful global startups in every possible industry.”

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 feature two additional in-person events: a mid-program meeting in London from April 22-26, 2024, and the program's concluding Demo Day in New York City from June 3-6, 2024.

Techstars Web3 Accelerator Class of 2024Get to know the companies:

Artizen: Crowdfunding platform for advancements in human creativity.

Founder Locations: US/UK

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

Founder Locations: US/Canada

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

Founder Locations: USA/Colombia

FairAI: Driving democratized open source AI through a decentralized marketplace with digital property rights.

Founder Locations: Portugal/USA

FileMarket: Multi-chain data tokenization protocol for P2P digital goods storage and trading.

Founder Location: Hong Kong

GenoBank – Ensure the privacy and data ownership of your genetic information.

Founder Location: USA

Lantern Finance – Custodial lending and betting services for the everyday investor.

Founder Location: USA

Millicent – ​​The open, real-world DeFi smart contract platform.

Founder Locations: UK/US

PawPass – Digital identification for animals.

Founder Location: United Kingdom

ProofSpace: No-code platform for reusable identities.

Founder Location: United Kingdom

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

Founder Locations: France/USA

Savvy: Interest-free lending protocol with over-guaranteed deposits and self-repaying loans.

Founder Location: USA

For more information and the full Web3 Class of 2024 announcement, 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 similar efficiencies to conventional web2 systems, maintains rigorous standards for data protection through ZKP and MPC, and offers a comprehensive toolset for WASM-based web3 development in Rust. The versatility of Aleph Zero is highlighted by more than 40 use cases that are actively being developed, demonstrating its adaptability in various sectors and applications. These use cases are part of an engaged community and growing ecosystem of web3 applications supported by Aleph Zero programs.

About Techstars

Techstars is the most active pre-seed investor in the world and has invested through its accelerators in more than 4,000 companies. Founded in 2006, Techstars believes that entrepreneurs create a better future for everyone and that great ideas can come from anywhere. We are now on a mission to invest in an unprecedented number of startups each year, allowing more capital to flow to more entrepreneurs around the world. We do this by operating accelerator programs and venture capital funds, as well as connecting startups, investors, corporations and cities to help build thriving startup communities. www.techstars.com

For media inquiries:

[email protected] [US]

[email protected] [UK & EU]

ContactPublic Relations Managerjose adamsAleph Zero[email protected]

This article was originally published on Chainwire.

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