Gate Ventures, the venture capital division of Gate.io, has committed $20 million to the BNB Incubation Alliance.
The alliance is a collaborative initiative by Binance Labs and BNB (BNB) Chain, is designed to support blockchain and Web3 startups with funding, mentorship, and technical assistance, according to a Gate.io release.
The BNB Incubation Alliance aims to connect venture capital firms, developer communities, and incubators to accelerate the development of blockchain projects. It focuses on early-stage startups and provides resources such as financial backing, professional coaching, and technical guidance.
This investment from Gate Ventures is expected to enhance the alliance’s ability to nurture innovative blockchain applications.
Gate Ventures outlined in its 2025 investment roadmap that it plans to prioritize advanced artificial intelligence, decentralized finance powered by AI, and quantum-resistant technologies.
Most Valuable Builder
As part of the partnership, startups will gain access to the “Most Valuable Builder” program, a BNB Chain initiative aimed at accelerating high-potential projects.
Gate Ventures’ Managing Partner, Kevin Yang, stated that the investment aligns with the firm’s focus on scaling decentralized finance, artificial intelligence, and other blockchain-based systems.
Startups participating in the alliance will also have access to additional resources, including funding, infrastructure support, and marketing assistance.
Read the full article here