News Post

Algorand Foundation, T-Hub announce investment in 5 startups

YourStory · 4d

The Algorand Foundation and T-Hub have chosen the first group of companies to receive investment from the Algorand Foundation's Startup Lab program. These startups are developing blockchain applications for areas such as supply chain management, cross-border trade, and project finance. The selected companies include LW3, FilmFinance, FDP Connect, Astrix, and ARVO. The Algorand Foundation aims to support these startups in delivering solutions that enhance transparency and sustainability. The Startup Lab program offers mentorship, technical assistance, and funding to emerging Web3 startups. The investment from the Algorand Foundation will help these startups refine their solutions and expand into real-world markets.