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Google Cloud broadens Web3 startup program with 11 blockchain firms

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Know-how conglomerate Alphabet has expanded the Google for Startups Cloud Program. 

As of Apr. 25, this system now contains Web3 companies similar to Alchemy, Aptos, Base, Celo, Stream, Hedera, Nansen, Close to, Polygon, Solana, and thirdweb. The identical day, blockchain analytics agency Nansen introduced that it has partnered with Google Cloud to offer real-time blockchain information for startups. Its database presently incorporates over 250 million pockets labels. 

At present, Google Cloud has two product suites for Web3 startups, distinguished by whether or not the companies have raised funding. Pre-seed corporations can obtain as much as $2,000 Google Cloud credit legitimate for 2 years with entry to occasions similar to Paris Blockchain Week, Consensus, and TOKEN2049 Singapore, the place Google will take part.

For seeded startups, advantages embody $200,000 over two years for Google Cloud and Firebase utilization in addition to $12,000 in Google Cloud Enhanced Help credit and 12 months of free Google Workspace Enterprise Plus. Moreover, Web3 initiatives, together with Aptos, Celo, Stream, HBAR Basis, Close to, and Solana Basis, would offer grants of as much as $1 million every in fiat or tokens to such companies.

Seeded companies may entry as much as $three million in funding from Polygon Ventures. In the meantime, the Base Ecosystem Fund will present precedence critiques for entrepreneurs, whereas Coinbase Ventures may also introduce them to its itemizing groups and relevant enterprise capitalists. Different perks embody as much as $10,000 in Alchemy credit with VIP help and gasless contract deployment with thirdweb. 

Alex Svanevik, co-founder and CEO of Nansen, commented that “We’re capable of present real-time intelligence to degree the crypto enjoying subject,” due to the partnership with Google Cloud. 

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