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HomeCryptocurrency NewsGoogle Cloud expands Web3 startup support program with funding and grants

Google Cloud expands Web3 startup support program with funding and grants


Alphabet, a technology conglomerate, has expanded its Google for Startups Cloud Program to include Web3 firms, such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb. Through this program, Google Cloud has two product suites for Web3 startups based on whether firms have raised funding. Pre-seed companies can receive up to $2,000 in Google Cloud credits, while seeded startups can access up to $200,000 in Google Cloud and Firebase usage, along with other benefits.

Web3 projects like Aptos, Celo, Flow, HBAR Foundation, Near, and Solana Foundation also provide grants of up to $1 million each in fiat or tokens to such firms. Seeded firms can also access up to $3 million in funding from Polygon Ventures, while the Base Ecosystem Fund will provide priority reviews for entrepreneurs. Additionally, Coinbase Ventures introduced them to their listing teams and applicable venture capitalists.

Nansen, a blockchain analytics firm, partnered with Google Cloud to provide real-time blockchain data for startups, which can level the crypto-playing field. Overall, this expansion of Google for the Startups Cloud Program offers numerous benefits and opportunities for Web3 startups.

source: https://cointelegraph.com/news/google-cloud-broadens-web3-startup-program-with-11-blockchain-firms

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