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Zug, Switzerland, November 28, 2024 — CV Labs, the innovation hub of blockchain-focused venture capital firm CV VC, has announced the completion of its Batch 07 Acceleration Program. Notably, the program, aimed at fostering pre-seed startups at the intersection of Web3, artificial intelligence (AI), and deep tech, showcased nine emerging companies from around the globe.
Significantly, the selected startups span various sectors, from blockchain infrastructure and decentralized finance (DeFi) to AI-driven solutions and internet accessibility.
Key Highlights
The Batch 07 cohort includes:
Fija Finance (Germany): Infrastructure for compliant DeFi access for platforms and exchanges.Kasi Money (South Africa): Banking solutions tailored for Africa’s gig economy.Mycel (Japan): Account transfer protocols using intent-centric designs.Picnic (Brazil): Decentralized investment platforms leveraging Smart Accounts.Ponos Technology (Switzerland): Hardware-software integration to accelerate zero-knowledge proofs.Reppo Labs (Canada): Decentralized AI orchestration for on-chain intelligence.Talentir (Austria): Payout solutions for the creative industry.Ubitel (USA): Expanding universal basic internet access on Ethereum.Zap Labs (Brazil): zkTLS infrastructure to power a data-as-an-asset economy.
Focus on Innovation
“The CV Labs Acceleration Program empowers pre-seed startups by providing crucial resources and integrating them into the thriving CV VC ecosystem,” said Bastian Wetzel, Head of Acceleration Investments at CV VC. “These teams are addressing critical challenges across networks, digital asset management, and technological megatrends.”
Hence, the startups’ initiatives reflect a shift towards decentralized, secure, and scalable solutions for emerging internet technologies.
Demo Day Details
The program will conclude with an online Demo Day scheduled for December 3, 2024, from 15:00 to 16:30 GMT. The event will showcase the startups’ innovations and offer insights into their impact on the evolving Web3 landscape. Interested parties can register here.
About CV VC and CV Labs
CV VC is a blockchain venture capital firm that provides funding, advisory services, and acceleration programs for transformative tech startups worldwide. Through its innovation hub CV Labs, it supports startups in key regions, including Switzerland, South Africa, and Germany.
As a pioneer in Crypto Valley, the firm has made 75 investments, helping position Switzerland as a global blockchain innovation center. Its board includes prominent figures such as Alex Wassmer, Chairman of CV VC, and Philipp Rösler, Germany’s former Vice-Chancellor.
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