Description

• Early Stage: Primarily targets Seed and early-stage companies.
• Late Stage: Occasionally leads or participates in later institutional rounds (e.g., Series C) and provides follow-on funding. 
• Online Portal: Founders apply via the official website’s application section.
• Requirements: Submissions typically include a pitch deck, business plan, and details on the management team, technical innovation, and market potential. 

Eligibility

• Sectors: Exclusively focused on Web3, Blockchain, DeFi, and DePIN (Decentralized Physical Infrastructure Networks).
• Technology: Strong emphasis on projects building on Algorand, Wormhole, and cross-chain protocols.
• Geography: Global reach with a heavy focus on startups in the United States and Europe.

Process

1. Submission: Ongoing intake through their digital portal.
2. Vetting: Rigorous evaluation of the team, technology, and market opportunity.
3. Multiple Rounds: Admitted candidates undergo interviews and presentations.
4. Acceleration: For specific tracks (e.g., the Wormhole Base Camp), teams enter a 12-week virtual program with 1:1 mentorship and workshops. 

What an Applicant can Obtain

• Capital: Access to institutional funding from dedicated pools, such as their $100M DePIN Fund.
• Support: Strategic guidance, mentorship from industry experts, and technical support for cross-chain deployment.
• Network: Direct connections to extensive ecosystem partners and global Web3 communities.