Gate Ventures announces investment of US$20 million to inject new impetus into BNB incubation alliance

Accelerate blockchain innovation and promote the global popularization of Web3 technology

Gate Ventures, the venture capital arm of Gate.io, officially announced that it will invest US$20 million to support the BNB Incubation Alliance (BIA), a global innovation program jointly launched by BNB Chain and Binance Labs. This move marks Gate Ventures’ firm support for promoting the development of blockchain technology and Web3, especially the incubation of early-stage projects.

BNB Incubation Alliance (BIA) is an innovative incubation platform that aims to closely connect venture capital institutions, incubators and developer communities to jointly support the development of emerging blockchain projects. By providing financial support, professional coaching and technical guidance, BIA helps blockchain projects achieve rapid development, supports the BNB chain to accelerate blockchain innovation, and achieves the rapid growth of global Web3 users.

Work closely to accelerate the development of Web3

Gate Ventures ’ investment in the BNB Incubation Alliance (BIA) project not only reflects its strategic goal of cultivating high-potential blockchain projects, but also coincides with those ecosystems focused on driving real-world impact and mainstream applications. . The partnership will provide participating startups with strong resource support, including the prestigious Most Value Builder (MVB) program, which provides:

• Directly participate in the "Most Value Builder" (MVB) program, a top accelerator created by BNB Chain for high-quality projects.
• Partner with Gate Ventures, Binance Labs, and other venture capital firms to unlock co-investment opportunities.
• BNB chain funding injects funds into innovative projects.
• Launch as a Service (LaaS), providing one-stop publishing support for decentralized applications (dApps).
• Free strategic support up to $300,000.
• Comprehensive ecosystem support including infrastructure, security, fund management, business development and marketing.

Join hands with Gate Ventures to jointly promote the future development of Web3

“Gate Ventures is confident in the potential of the BNB chain ecosystem, especially in areas such as decentralized finance (DeFi), artificial intelligence (AI), decentralized physical infrastructure network (DePIN), and decentralized society (DeSoc) scalable infrastructure. Through our strategic partnership with BNB Chain, we will provide early-stage blockchain projects with resources, mentorship, and strategic support to drive innovation and accelerate their large-scale adoption," said Kevin Yang, Managing Partner of Gate Ventures. .

“Through this commitment, we work more closely with venture capital institutions and project teams to support Web3 builders with the help of the BIA platform on the BNB chain, especially in innovative fields such as artificial intelligence and decentralized finance (DeFi) " said Ben Safaric, head of GTM and ecosystem growth of BNB chain.

This initiative is highly consistent with Gate Ventures’ long-term mission to support startups and developers while creating a more inclusive and innovative Web3 ecosystem. With this investment, Gate Ventures further solidifies its leadership in advancing blockchain technology and fostering industry collaboration.

About Gate Ventures

Gate Ventures is the venture capital arm of Gate.io. It focuses on investing in decentralized infrastructure, ecosystems and applications, and is committed to reshaping the world in the Web 3.0 era. Gate Ventures partners with global industry leaders to empower teams and startups with innovative thinking and capabilities to redefine how society and finance interact.

Official website: https://ventures.gate.io/

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