A new multi-million pound accelerator program focused on blockchain and artificial intelligence (AI) has been launched in the UK. The initiative is a collaboration between Animoca Brands, Coinbase, Fabric Ventures, and Founders Factory. The program aims to advance the UK's blockchain and AI ecosystem by providing startups with up to A3250,000 in cash investment and 16 weeks of operational support through Founders Factory's accelerator program. The announcement was made during the Global Fintech Forum in London as part of UK FinTech Week, with Economic Secretary to the Treasury Emma Hardy MP highlighting the launch of the Web3 x AI accelerator. The partnership brings together leading global technology companies to help startups achieve product-market fit and operational excellence.
🚀Today we’re excited to announce the launch of our new Blockchain & AI Accelerator, in partnership with crypto and web3 leaders @coinbase, @animocabrands, and @fabric_vc. The program will include: ⭐️ £250K investment in each startup ⭐️ 16 weeks of operational support from the https://t.co/rLP2S15K5v
.@animocabrands @coinbase @foundersfactory @fabric_vc are joining forces to accelerate UK's blockchain and AI ecosystem https://t.co/Sp7c3LZV0h
.@fabric_vc, @animocabrands, @coinbase and @foundersfactory announce UK Web3 accelerator Founders receive an investment of up to £250k in cash alongside 16 weeks of operational excellence from Founders Factory's leading accelerator program. https://t.co/gyEn33JRpg