New Toronto Accelerator to Invest $250k in Bitcoin Startups
The second cryptocurrency accelerator has opened in north America this week, this time in Toronto, targeting entrepreneurs working in "second generation cryptocurrencies". Bitcoin Decentral Accelerate will begin with a $250,000 fund, but hopes to score at least $1.5m in investment to sustain its first eight months of operation, according to its organizers. The accelerator, launched by Bitcoin Alliance of Canada founder Anthony Di Iorio, is a spinoff of Bitcoin Decentral, the coworking space that has been operating since 1st January. The venture will target both bitcoin entrepreneurs, and....
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BoostVC is focusing it’s accelerator program exclusively on Bitcoin companies. The accelerator aims to invest in 20-30 Bitcoin companies twice a year for three months, and strives to accelerate 100 Bitcoin startups by 2017. BoostVC is 2 years old, and previously invested in tech companies in a variety of industries like enterprise software, financial tech, and bitcoin. BoostVC backed companies have raise more than $500k, and the program has funded a total of 22 Bitcoin companies to date including Coinbase, Bitpagos, Follow The Coin, and Vaurum.
California-based accelerator 500 Startups has announced it will fund five bitcoin companies in its latest batch of startups with $100,000 each. The bitcoin startups are part of 500's Batch 9 group - a total of 30 companies building business ideas over a period of four months at the accelerator. Sean Percival, who runs the incubator for this batch, says the funding will allow the bitcoin startups to really focus on product: "$100,000 for these companies is going to go a long way. For some of them it actually provides them a year of runway, so they don't have to go raise money and they can....
Nordea, a financial services group in the Nordic and Baltic region, continues its hunt for AI and blockchain breakthroughs. Later this year it is launching its Fintech accelerator in Stockholm and Helsinki. 200 startups applied to join the 3-month program that will be led by Nordea and its partners, including IBM, Tata Consultancy Services and Nestholma Venture Accelerator. Nordea’s accelerator program goal. The main goal of Nordea’s accelerator program is to hunt for developments in both Artificial Intelligence and Blockchain technologies. Presently, only 35 startups have made it through....
A leading Indian bank, Yes Bank has announced the launch of its new Yes Fintech accelerator for startups working on blockchain and financial technology space. Yes Bank, a progressive Indian bank has partnered with leading names in the country’s startup ecosystem to launch a fintech and business accelerator. The accelerator program, Yes Fintech is powered by T-Hub startup engine, Anthill Ventures, and LetsTalkPayments. The 15-week program is distributed among two facilities, one in Mumbai and another in Hyderabad. Designed for banking and fintech startups, the key focus areas of the program....
Boost VC, a well-known accelerator among startups and the bitcoin community recently had a demo day for its latest cohort. Boost VC gained the attention of the bitcoin community after it started focusing only on bitcoin and blockchain based startups for a couple of programs. Since then, the accelerator has distributed its focus between two emerging technologies - Bitcoin and Digital Reality. The digital reality segment includes startups and entrepreneurs who are working on augmented reality and virtual reality technologies. October 8, 2015 saw the graduation of the 6th batch of startups....