Supercharging growth for firms innovating in blockchain tech, Polygon and Techstars join hands for Web3 accelerator

Platform for Ethereum scaling Polygon and Techstars, platform for customised programming for early-stage entrepreneurs, have joined hands to host Techstars’ London Q1 2023 accelerator programme.

With a Web3 theme, Techstars London powered by Polygon will combine the strength of the team behind blockchain protocols, with Techstars’ ability to connect founders to experienced mentors.

The Q1 cohort will focus on ambitious startups that leverage Web3 technologies such as blockchain, crypto and NFTs, offering a unique opportunity for innovative and early-stage companies, both from the U.K. and around the world, to grow, develop and join a supportive community of founders. 

Participating founders in the 13-week accelerator will receive personalised programmes aimed at developing their businesses, including one-to-one mentoring from industry experts and investor networking opportunities.

Techstars London managing director Saalim Chowdhury said: “Being able to leverage Polygon’s understanding of the Web3 space from adding insight to our selection process to mentoring and advising the cohort, in addition to our Techstars programme, it’s an incredible opportunity to supercharge growth for firms innovating in blockchain technology.”

Techstars London powered by Polygon will add to Techstars growing influence in the Web3 space, having already run successful programmes in Dublin and Seattle – with another confirmed in Boston for Q1 2023 – Techstars has over 118 Web3 businesses in its portfolio.

Arjun Krishan Kalsy, vice president for growth at Polygon, added: “To deliver the promise of Web3 it’s imperative to nurture new talent and create a system to fast track ideas into implementation. This collaboration is a forward-thinking approach to ensure that the most promising and ambitious teams can get all the tools and support they need to be successful as we continue to expand our ecosystem and push the boundaries of innovation”

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