tl;dr
Gate Ventures, the VC arm of Gate.io, pledges $20 million to the BNB Incubation Alliance (BIA), a global initiative by BNB Chain and Binance Labs. The investment aims to support early-stage blockchain projects and drive the adoption of Web3 technologies. The collaboration offers resources, mentorshi...
Gate Ventures, the VC arm of Gate.io, pledges $20 million to the BNB Incubation Alliance (BIA), a global initiative by BNB Chain and Binance Labs. The investment aims to support early-stage blockchain projects and drive the adoption of Web3 technologies. The collaboration offers resources, mentorship, and investment opportunities for startups, aligning with BNB Chain's vision of accelerating blockchain innovation. Gate Ventures' commitment to the alliance reinforces its focus on nurturing blockchain projects and fostering collaboration in the Web3 ecosystem.
This significant investment underscores Gate Ventures’ dedication to fostering the growth of early-stage blockchain projects and driving the adoption of Web3 technologies worldwide. The BNB Incubation Alliance is a transformative incubator program that connects venture capitalists, incubators, and developer communities to support emerging blockchain projects. By providing financial resources, mentorship, and technical guidance, BIA aligns with BNB Chain’s vision of accelerating blockchain innovation and onboarding the next billion Web3 users.
Gate Ventures’ pledge to the BIA program reflects its strategic focus on nurturing promising blockchain projects and aligning with ecosystems that share a commitment to real-world impact and mainstream adoption. The collaboration will enable participating startups to access robust resources, including the prestigious Most Valuable Builder (MVB) program.
“Gate Ventures is confident in the potential of the BNB Chain ecosystem, with its scalable infrastructure in DeFi, AI, DePIN, and DeSoc and our partnership with BNB Chain to empower early-stage blockchain projects through resources, mentorship, and strategic opportunities to drive innovation and mass adoption,” said Kevin Yang, Managing Partner at Gate Ventures.
This initiative aligns with Gate Ventures’ ongoing mission to empower startups and developers while building a more inclusive, innovative Web3 ecosystem. With this investment, Gate Ventures further cements its leadership role in accelerating blockchain development and fostering meaningful collaboration across the industry.
Gate Ventures, the venture capital arm of Gate.io, is focused on investments in decentralized infrastructure, middleware, and applications that will reshape the world in the Web 3.0 age. Working with industry leaders across the globe, Gate Ventures helps promising teams and startups that possess the ideas and capabilities needed to redefine social and financial interactions.