tl;dr
P2 Ventures, a blockchain-focused venture capital firm spun out from developer Polygon Labs, has committed $50 million to support startup founders within the Polygon ecosystem through the Hadron FC founder program. The program offers mentorship, legal and regulatory assistance, networking opportunit...
P2 Ventures, a blockchain-focused venture capital firm, has committed $50 million to support startup founders in the Polygon ecosystem. The investment will go to founders through Hadron FC, a founder program with campuses in Dubai and New York. Hadron FC provides mentorship, legal and regulatory assistance, networking opportunities, and comprehensive support for startup development and raising capital.
Among the initial 36 projects onboarded, several engaged in a week of in-person co-building at the facility in Dubai. This announcement reflects P2 Ventures' confidence in Hadron Club's ability to fuel the ambitions of visionary founders within the Polygon ecosystem.
P2 Ventures, a blockchain-focused venture capital firm spun out from developer Polygon Labs, has committed $50 million to support startup founders within the Polygon ecosystem through the Hadron FC founder program. The program offers mentorship, legal and regulatory assistance, networking opportunities, and comprehensive support for startup development and capital raising. The investment reflects P2 Ventures' confidence in the ability of Hadron Club to fuel the ambitions of visionary founders within the Polygon ecosystem, with several initial projects engaging in in-person co-building at the Dubai facility.
P2 Ventures, a blockchain-focused venture capital firm spun out late last year from developer Polygon Labs, has committed $50 million to support startup founders in a move that could kindle new projects in the Polygon ecosystem. The investment by P2 Ventures will go to founders through Hadron FC, a founder program with campuses in Dubai and New York, according to a press release. The program comes with mentorship, legal and regulatory assistance, networking opportunities and comprehensive support to navigate the complexities of startup development and raise capital, the release said. Among the initial 36 projects onboarding, several engaged in a week of in-person co-building at the facility in Dubai. The announcement signals our confidence in Hadron Club's unmatched ability to fuel the ambitions of visionary founders within the Polygon ecosystem, said Shreyansh Singh, head of investments at P2 Ventures. Hadron FC core contributor Ajit Tripathi said that the community had the right combination of support, capital and vibes. P2 Ventures was initially part of Polygon Labs – the primary developer of the various Polygon layer-2 networks atop Ethereum – but was spun out as a separate unit with its 10-person team late last year, and rebranded to P2 Ventures.
Disclaimer: The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.