Eleven blockchain firms included in Google Cloud's startup program for Web3 expansion

2023-04-25

Summary: - Google has expanded its Google for Startups Cloud Program to include Web3 firms. - 11 blockchain firms, including Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb are part of the program. - Nansen has partnered with Google Cloud to provide real-time blockchain data for startups. - Google Cloud has two product suites for Web3 startups with different benefits for pre-seed and seeded companies. - Seeded firms can access up to $3 million in funding from Polygon Ventures and grants of up to $1 million each from Web3 projects. - Other perks include priority reviews from Base Ecosystem Fund and introductions to listing teams and venture capitalists from Coinbase Ventures. - Alex Svanevik, co-founder and CEO of Nansen, commented that the partnership with Google Cloud allows them to "provide real-time intelligence to level the crypto playing field."

Full article:

Along with Google, 11 blockchain firms are now part of the Google Web3 startup program to help accelerate startups.

Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program. 

As of April 25, the program now includes Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana and Thirdweb. The same day, blockchain analytics firm Nansen announced that it has partnered with Google Cloud to provide real-time blockchain data for startups. Its database currently contains over 250 million wallet labels. 

Currently, Google Cloud has two product suites for Web3 startups, distinguished by whether the firms have raised funding. Pre-seed companies can receive up to $2,000 Google Cloud credits valid for two years with access to events such as Paris Blockchain Week, Consensus and TOKEN2049 Singapore, where Google will participate.

For seeded startups, benefits include $200,000 over two years for Google Cloud and Firebase usage as well as $12,000 in Google Cloud Enhanced Support credits and 12 months of free Google Workspace Business Plus. Furthermore, Web3 projects, including Aptos, Celo, Flow, HBAR Foundation, Near and Solana Foundation, would 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. Meanwhile, the Base Ecosystem Fund will provide priority reviews for entrepreneurs, while Coinbase Ventures will also introduce them to its listing teams and applicable venture capitalists. Other perks include up to $10,000 in Alchemy credits with VIP support and gasless contract deployment with Thirdweb. 

Alex Svanevik, co-founder and CEO of Nansen, commented, “We are able to provide real-time intelligence to level the crypto playing field,” thanks to the partnership with Google Cloud. 

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Source: cointelegraph.com

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