Æ Ventures, an investment firm that provides initial funding, acceleration and advisory services to blockchain-related projects, revealed that its Starfleet Accelerator Program has exceeded $1.6 million in total investments. The company said it’s now accepting applications for its third financing round.
The third edition of the Starfleet Accelerator Program is scheduled to take place in Malta, according to a September 26 press release. The program will offer various services to its members including mentorship and investment opportunities up to $100,000.
According to the release, the program will launch in early November this year and blockchain companies must apply by October 20, 2019.
Æ Ventures’ initiative will begin with Starfleet Accelerator’s “Genesis Week,” during which “participating startups receive access to mentorship and support in areas such as business models, token economics, blockchain infrastructure, and æternity apps architecture, from the best experts in the industry.”
Æ Ventures also revealed that its first 2020 program will be held in India. The company’s CEO Nikola Stojanow stated:
“We are amazed at the growth of the Starfleet accelerator program from its start to now and we can’t wait to launch the third edition with new companies breaking blockchain barriers. Hosting the program in Malta and India presents new opportunities to engage the burgeoning blockchain culture in these regions and we’re proud to continue to foster global blockchain growth through these communities.”