Accelerate blockchain innovation and promote the global popularization of Web3 technology
Gate Ventures, the venture capital arm of Gate.io, has officially announced that it will invest $20 million to support the BNB Incubation Alliance (BIA), a global innovation program jointly launched by BNB Chain and Binance Labs. This move marks Gate Ventures' firm support for promoting the development of blockchain technology and Web3, especially the incubation of early-stage projects.
BNB Incubation Alliance (BIA) is an innovative incubation platform that aims to closely connect venture capital institutions, incubators and developer communities to jointly support the development of emerging blockchain projects. BIA helps blockchain projects achieve rapid development by providing financial support, professional coaching and technical guidance, supports BNB chain to accelerate blockchain innovation, and achieve rapid growth of global Web3 users.
Close cooperation to accelerate the development of Web3
Gate Ventures ’ investment in the BNB Incubation Alliance (BIA) project not only reflects its strategic goal of nurturing high-potential blockchain projects, but also coincides with ecosystems that focus on driving real-world impact and mainstream applications. The BNB Chain-led BIA program provides participating startups with a wealth of resources and opportunities, including:
●Fast track to directly participate in the “Most Valuable Builder” (MVB) program, a top accelerator created by BNB Chain for high-quality projects .
● Potential investment opportunities from venture capital institutions .
● Potential grant opportunities for BNB Chain.
● Launch as a Service (LaaS), providing one-stop publishing support for decentralized applications (dApp).
● Ecosystem support including infrastructure, security, treasury management, business development and marketing.
Joining hands with Gate Ventures to promote the future development of Web3
“Gate Ventures is confident in the potential of the BNB Chain ecosystem, especially in scalable infrastructure in areas such as decentralized finance (DeFi), artificial intelligence (AI), decentralized physical infrastructure network (DePIN), and decentralized society (DeSoc). Through strategic cooperation with BNB Chain, we will provide resources, mentorship, and strategic support to early-stage blockchain projects to drive innovation and accelerate their mass adoption,” said Kevin Yang, Managing Partner of Gate Ventures.
“With this commitment, we are collaborating more closely with venture capital firms and project teams to support Web3 builders, especially in innovative areas such as artificial intelligence and decentralized finance (DeFi), with the help of the BIA platform on the BNB chain,” said Ben Safaric, head of GTM and ecosystem growth at BNB Chain.
This initiative is highly consistent with Gate Ventures' long-term mission to support startups and developers while building a more inclusive and innovative Web3 ecosystem. Through this investment, Gate Ventures further consolidates its leadership in promoting the development of blockchain technology and promoting industry collaboration.
About Gate Ventures
Gate Ventures is the venture capital arm of Gate.io, focusing on investments in decentralized infrastructure, ecosystems, and applications, and is committed to reshaping the world in the Web 3.0 era. Gate Ventures works with global industry leaders to empower teams and startups with innovative thinking and capabilities to redefine social and financial interaction models.
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