CV Labs welcomes Algorand Ventures as partner of the CV Labs Accelerator Program

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CV Labs welcomes new partner for Batch_06 of its Accelerator

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With the application deadline for Batch_06 approaching, we're excited to unveil our newest partner for the CV Labs Accelerator. Ever since its establishment in 2018 at the heart of Crypto Valley, the program has propelled 39 early-stage blockchain startups. The program boasts a roster of over 150 experts, mentors, and partners spanning various domains and key global locations.

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Continuing our journey of evolution and growth, we're delighted to announce Algorand Ventures as an investment partner, supporting those startup projects that are building on Algorand for Batch_06. CV Labs remains blockchain and industry-agnostic. 

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About the Investment Partnership - CV Labs x Algorand

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Algorand Ventures joins the CV Labs Accelerator as a joint investment partner in support of any projects coming from the Algorand ecosystem. These projects will receive half of the $135K in program funding from Algorand Ventures and half from CV VC. 

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The CV Labs Accelerator always welcomes pioneering partners to join, support, and enable the startups who partake in its dynamic acceleration program. Such partners may join as mentors, subject-specific experts, and investment partners. The CV Labs Accelerator remains a protocol-agnostic accelerator. This venture partnership is specific only to any startups that are currently utilizing Algorand. 

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“We are thrilled to onboard projects building on Algorand to the accelerator. It is always exciting to work with engaged ecosystems in the blockchain space, and we look forward to supporting the projects with funding, connections, and expertise” - Janis Aguilar, Head of Acceleration at CV Labs

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Ryan Terribilini, EVP at Algorand Ventures, commented: “The partnership demonstrates our commitment to supporting builders who create transformative solutions in the blockchain space using Algorand’s technology which offers instant finality and near zero transaction costs.”

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Initial Partnership Steps

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The partnership’s first collaboration has already taken place, with Bastian Wetzel (Head of Acceleration at CV VC), joining the Algorand Build-A-Bull hackathon as a judge for the Consumer track. This provided our investment team an opportunity to advise on the Algorand Build-A-Bull 155+ project submissions. Likewise, the team at Algorand Ventures will advise on any startup applications to CV Labs acceleration programs, that are working on Algorand. 

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Why join Batch_06?

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We're incredibly grateful to receive positive testimonials from our alumni. Their experiences are a testament to the value and impact embedded in the CV Labs Accelerator program. Here's a glimpse into how our program has positively influenced their journey in the blockchain industry:

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"During my time at the CV Labs Accelerator program, I met incredible professionals from CV Lab and CV VC teams, caught up with other cool founders and entrepreneurs, and learned a lot from super-smart mentors during my incubation marathon. This program really kicked off Blocksport to the startup journey." - Vladimir Liulka, Blocksport

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"I've met tons of exciting startups and founders! Learned a bunch from the best Web3 industry experts and so much more!" - Duke Vu, Fungies.io

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"I learned so much as a founder. The CV VC team was by my side in many situations. If you need support in #WEB3 and funding, this is the place to be!" - Pasquale Sorrentino, Gummys

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“CV Labs has literally been a Super MBA for our business! The thorough and comprehensive nature of the accelerator has equipped us with tools we didn’t even know we needed to build. Also, the sheer density of the CV VC network is incredible. Access to potential partners, clients, and VCs is much closer than before. We are truly grateful for the experience.” - Kofi Genfi, Mazzuma

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Apply for the Accelerator

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Great opportunities deserve ample time! We've heard your requests and are thrilled to announce an extension of the application deadline for Batch_06. Now, you have more time to perfect your pitch, refine your ideas, and join us on the journey to innovation.

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New Deadline: Friday, December 15th, 2023

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Don't miss out on the chance to supercharge your startup. Let's shape the future of Web3 together! 

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Apply here: www.cvlabs.com/accelerator

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About Algorand

Algorand Ventures is the new program from the Algorand Foundation, it is dedicated to providing funding and launch support to the best builders and investors in the Algorand ecosystem. The Algorand Foundation is committed to helping fulfill the global promise of the Algorand blockchain by taking responsibility for its sound monetary supply economics, decentralized governance, and healthy and prosperous open-source ecosystem.

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Designed by MIT professor and Turing Award-winning cryptographer Silvio Micali, Algorand is uniquely capable of delivering on the promise of a borderless global economy. 

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It achieves transaction throughputs at the speed of traditional finance but with immediate finality, near zero transaction costs, and on a 24/7 basis.

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About CV Labs

CV Labs is the heartbeat of Crypto Valley, the world's most mature blockchain hub. CV Labs helps global start-ups, corporates, and investors to leverage blockchain technology and transform the way the world interacts and transacts. 

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CV Labs is the ecosystem business pillar of CV VC, the Swiss-headquartered global blockchain investor. With locations in Switzerland, Liechtenstein, South Africa, Germany and Portugal, CV Labs nurtures a global ecosystem through various activities, including acceleration programs, community-centric co-working spaces, industry events & summits, and advisory & research reports.

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