Web3Port Closes Seed Round Funding at $20 Million Valuation

Web3Port

Web3Port (aka ICPort), a NYC-based accelerator of Web 3 projects, closed a seed funding at a $20m valuation.

Backers included SNZ Holding, KuCoin Ventures, HashKey, FBG, Spark Digital Capital, 7 O’Clock Capital, MH Ventures, Web 3.0 SEA Alliance, BetterverseDAO, Bing Ventures, AZDAG, and Bo Shen, founder of Fenbushi Capital.

The funding will be used for product development, marketing, team growth, as well as accelerating its expansion into the global market.

Web3Port is an accelerator of Web 3 projects, helping startups build from zero to one and to the next level. Its mission is to create a decentralized and transparent accelerator alliance that brings growth to the Web3.0 ecosystem. The company aims to be a one-stop-shop acceleration platform in Web3 to help early-stage projects in terms of user demands, product design, marketing, etc.

FinSMEs

08/08/2022