Google Cloud Expands Web3 Startup Program with 11 Blockchain Firms

Technology conglomerate Alphabet has expanded the Google for Startups Cloud Program to include 11 Web3 firms such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb. This expansion aims to further support and accelerate startups within the blockchain industry. In a recent announcement, blockchain analytics firm Nansen stated that it has partnered with Google Cloud to provide real-time blockchain data for startups, with a database currently containing over 250 million wallet labels.

The Google for Startups Cloud Program offers tailored product suites for Web3 startups based on their funding status. Pre-seed companies can receive up to $2,000 in Google Cloud credits, valid for two years, and access to blockchain-related events, such as Paris Blockchain Week, Consensus, and TOKEN2049 Singapore, where Google will participate.

Seeded startups can benefit from $200,000 over two years for Google Cloud and Firebase usage, $12,000 in Google Cloud Enhanced Support credits, and 12 months of free Google Workspace Business Plus. These startups will also have access to technical support and mentorship from experienced blockchain industry leaders.

Furthermore, Web3 projects, including Aptos, Celo, Flow, HBAR Foundation, Near, and Solana Foundation, will provide grants of up to $1 million each in fiat or tokens to seeded firms. These firms can also access up to $3 million in funding from Polygon Ventures. The Base Ecosystem Fund will provide priority reviews for entrepreneurs, while Coinbase Ventures will introduce them to its listing teams and applicable venture capitalists. Other perks include up to $10,000 in Alchemy credits with VIP support and gasless contract deployment with Thirdweb.

This move by Google Cloud aims to strengthen its position within the blockchain and crypto space and provide significant resources for startups in the industry. The program is designed to foster innovation and growth among startups, helping them overcome challenges in scaling and reaching new markets.

As the demand for Web3 technologies continues to grow, the expansion of Google Cloud’s Web3 startup program demonstrates the company’s commitment to supporting the development of blockchain solutions and fostering a thriving ecosystem for startups in this field.

Alex Svanevik, co-founder and CEO of Nansen, commented on the partnership with Google Cloud, stating, “We are able to provide real-time intelligence to level the crypto playing field.” With such backing and support from industry giants like Google Cloud, blockchain startups can expect to make significant strides in technology and adoption in the near future.

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