US EditionLisk Launches $15M Venture Fund to Back Founders Powering Web3's Fastest Growing Markets
- The Lisk EMpower Fund has been launched to support Web3 startups in Africa, Latin America, and Southeast Asia, aiming for $15 million in investments.
- Gideon Greaves, Head of Investments at Lisk, emphasized that founders are solving real problems with real utility, leading to future unicorns.
- Dominic Schwenter, COO at Lisk, stated that emerging markets are no longer the future of Web3; they are the present.
- The Lisk EMpower Fund aims to bridge capital gaps and provide advisory support, making it a long-term partner for high-growth founders.
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Lisk Launches $15M Venture Fund to Back Founders Powering Web3's Fastest Growing Markets
The Lisk EMpower Fund targets post-incubation Web3 startups in Africa, Latin America, and Southeast Asia, bridging the capital gap and unlocking outsized returns in regions where Web3 adoption is already mainstream.
FUNDING | Out of 4 Early Recipients of the $15 Million Lisk EMpower Fund, 2 Are African Startups
Lisk, a layer 2 Ethereum blockchain, has unveiled the EMpower Fund, a $15 million venture fund targeting post-incubation startups across: Africa Latin America, and Southeast Asia. The fund is designed to address one of the biggest challenges facing Web3 entrepreneurs in high-growth markets: access to early-stage capital beyond incubation. Focus of the EMpower Fund Support post-incubation Web3 startups with up to $250,000 in funding each Pr…
Lisk launches $15M fund to back Web3 startups in Africa, Asia
Lisk, a Swiss blockchain platform founded in 2016, has unveiled a $15 million (₦22.1 billion) fund to invest in Web3 founders across Africa, Latin America, and Southeast Asia. The fund marks Lisk’s first direct capital deployment into startups, building on its previous work in funding incubation programs and grants globally. The strategic fund is designed to bridge a significant funding gap in emerging markets. Traditionally, venture capital has…
Lisk eyes organically-growing Web3 startups with $15m fund
Lisk, a Swiss blockchain platform founded in 2016, has launched a $15 million fund to back Web3 founders in Africa, Latin America, and Southeast Asia. Head of Investments Gideon Greaves told Techcabal in September that the focus is on projects with real problems and utility, not speculative ones. The fund is designed to address a critical disconnect, capitalising on a $5.2 trillion funding opportunity that traditional venture capital (VC) firms…
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