CV VC Lab announces a new cohort for batch 2

22.11.2019

The new batch entering the CV VC incubator comprises of nine blockchain startup projects from six countries including Switzerland, represented by two startups. During the ten-week-program, the cohort will benefit from a buffet of activities which include training and meeting, investors and industry leaders.

The second round of the CV VC incubation program attracted more than 300 applications from Blockchain startups from all over the world. According to Olaf Hannemann, CV VC Co-Founder and Chief Investment Officer, “This demonstrates the attractiveness of Switzerland as a blockchain hub.”

The fall/winter batch comprises the following projects:

Blocksport (Switzerland): Game- and loyalty-based brand ecosystem for (e-)sport clubs.

Padely (Switzerland): Decentralized peer-to-peer parcel delivery platform.

Agryo (Brazil): Improved financial services for farmers through building an AI algorithm-based complete risk assessment infrastructure.

Asvin (Germany): Smart update solution for Internet of Things (IoT) devices.

ditCraft (Germany): Software development platform, empowering decentralized autonomous project governance.

GatePay (USA): Efficient and secure payment solution empowering cryptocurrency commerce for businesses of all sizes.

Vault Wines (Georgia): Wine authentication supply chain platform coupled with e-commerce platform and logistics & storage facilities.

Wild Cards (South Africa): Combining smart contracts with a new economic model and an always-for-sale mechanism for non-fungible digital assets.

Xion (USA): Subscription model ecosystem for entrepreneurs and corporates.

During the ten-week program, the nine selected startups will receive up to CHF 125,000 in return for 10% of equity. In addition, the cohort will benefit from training on pitching, fundraising, business strategy, token economy, operational excellence and get the chance to meet international investors and industry leaders.

CV VC Portfolio
Since the beginning of 2019, the team behind CV VC and CV Labs has evaluated more than 800 startups for the two rounds of the incubation program and over 1,000 projects for seed phase funding from 54 countries across 27 different industries. The CV VC investment portfolio currently includes 26 investments in startups from 13 countries.

(Press release/ran)

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