Web3 accelerator Beacon has announced the launch of its fourth and largest startup cohort to date. The program, which finances projects from pre-seed to Series A, has selected 17 promising companies for its latest three-month course.
Launch of New Startup Cohort
Beacon, launched in 2022 by Polygon co-founder Sandeep Nailwal, introduces its latest batch of participants, which includes multiple Series A companies backed by prominent VC firms such as Pantera, Founders Fund, Framework, and Andreessen Horowitz (a16z). The new cohort spans various web3 sectors, including DeFi, infrastructure, and AI.
Participants and Achievements
Among the participants are notable companies such as Stakestone, EXO, Nubit, Aligned Layer, and eoracle. Previously participating companies like ORA and Fluent have achieved significant milestones following their graduation from the program.
Plans and Expectations for the New Cohort
Program founder Sandeep Nailwal expressed confidence that the new batch of participants would be able to replicate or surpass the success of their predecessors. The new cohort includes a diverse array of talented and innovative startups, setting high expectations for their future accomplishments.
The Beacon program continues to expand and attract new promising startups, providing them with the necessary resources and mentorship support to achieve success in the web3 space.
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