Tatum and StartupYard partner to accelerate Fintech and Web 3.0 startups with funding, business expertise and a fast track to blockchain technology
Tatum Blockchain Accelerator focused on creating success for early-stage companies in Web 3.0, NFTs, digital wallets, digital contracts and other innovations
LONDON and MIAMI, 22 February 2023 /PRNewswire/ — Tatum, the company that drastically simplifies the development of blockchain applications, announced that it has partnered with StartupYard to accelerate business success and time-to-market for early-stage fintech and Web 3.0 startups through the Tatum Blockchain Accelerator. The program addresses technology and business factors that often inhibit or weaken the start-up of Web 3.0 and digital finance.
“Many innovative and promising Web 3.0 and digital finance companies never make it to market due to a combination of critical business and technical factors,” said Jiri Kobelka, co-founder and CEO, Tatum. “Tatum has long bridged the difficult technical gap of creating or integrating blockchain into applications, and now, together with StartupYard, we are addressing the other common factors that prevent great ideas and interesting companies from succeeding.”
The Tatum Blockchain Accelerator provides:
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€20k in cash as a single convertible note or SAFE or SAFT, with the option of a higher investment
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More than 30 hours of one-on-one business coaching with experienced business professionals
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Personalized workshops for best practices and acceleration of marketing, sales, finance and other key business areas
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Access to controlled business development connections
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Personal introductions to business angels and venture capitalists
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Validated financial projections and investors
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Improved website presence, SEO and online strategy
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Tatum Founders Package, free, including:
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€1 million in perks and benefits
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Access to StartupYard’s international deep network of mentors, partners and investors
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Legal support
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Ongoing support after the program as a StartupYard portfolio company
“Blockchain is an essential element for many of today’s digital businesses, but adding it can add significant costs and lengthen time to market, perhaps undermining a company’s hopes and business plan,” said Cedric Maloux, CEO, StartupYard. “We have an excellent track record of launching great companies, and by partnering with Tatum, we can help startups avoid sometimes insurmountable blockchain issues.”
Eligibility for the Tatum Blockchain Accelerator requires a company to develop an application or service in Web 3.0, non-Pivotable Tokens (NFT), digital wallets, digital contracts or other digital business and digital finance. Companies must preferably work with blockchain protocols Ethereum Virtual machine or compatible protocols. Additionally, the first iteration of the application should be live or in the process of going live on Testnet. Candidate companies are jointly selected by Tatum and StartupYard.
There is no upfront fee for the program. Instead, StartupYard is issuing a convertible with a cap value of €40,000 for participation in the Tatum Blockchain Accelerator. The amount depends on the start-up stage, but usually ranges between €800,000 and €1.5 million with a 20% discount. The convertible bond is valid for 18 months.
The Tatum Blockchain Accelerator is backed by top Central European venture capital firms, including Credo Ventures, Rockaway Capital, Depo Ventures and Purple Ventures. The program also already includes a number of active angel investors. It’s a program designed by tech entrepreneurs for tech entrepreneurs.
Tatum is the world’s fastest way to build, test and run blockchain applications. Tatum offers a unique, flexible platform for developers to quickly turn their blockchain ideas into reality. Already, over 140,000 companies have used the Tatum platform to introduce blockchain-based applications. Now, with the Tatum Blockchain Accelerator, the company offers a more holistic approach to accelerating all factors facing a startup using blockchain.
For more information on the Tatum Blockchain Accelerator
To apply to the Tatum Blockchain Accelerator
About StartupYard
StartupYard has been accelerating startups since 2011 by giving them access to new customers, partners and investors. We are the longest accelerator in CEE and since we started we have invested in companies in 21 countries, with 92 startups raising over €100 million so far, employing more than 1500 people and reaching customers worldwide.
About Tatum
Tatum offers the world’s first blockchain application development platform to increase the speed of creation, lower the barriers and reduce the cost of creating blockchain applications. Tatum enables greater functionality, portability, scalability and higher quality without requiring experience or expertise in blockchain development. The framework includes 60+ different protocols and integrates the use of APIs to fit into existing development processes. Founded in 2018, Tatum has over 140,000 customers and is adding over thousands of new ones every month. Tatum is the most widely used Web 3.0 development stack. Created as a global company, Tatum was founded in the Czech Republic and has its official headquarters in the UK, with a corporate center located in Miami, Florida and offices worldwide.
For more information: https://tatum.io/
Media contact:
Kira Wojack
Merritt and Rose
[email protected]
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SOURCE Tatum Technology LLC