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Global Millennial Capital Launches Web3 Accelerator Program Aiming at Investing in Pre-Seed to Series A Companies

The program aims to invest in companies operating in verticals such as data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, and DeFi.

According to McKinsey’s Web3 report, the financial-services industry has primarily adopted some of these nascent digital technologies and assets. At its peak, the daily volume of transactions processed on so-called decentralized finance exchanges exceeded $10 billion, with various market fluctuations felt in the last twelve months, providing entry and exit opportunities for investors and market participants.

Remittances, asset swaps, trade finance, and insurance have all begun to employ smart contracts to achieve automation efficiencies. At the same time, lending, a vertical we are interested in, may demonstrate one of the most effective implementations of Web3 to date.

Global Millennial Capital Ltd (“GMCL”), an emerging venture capital and digital assets investment manager, has established itself as a venture capital firm with a track record specializing in investing in fintech and web3 companies since 2020. GMCL is now looking to invest in and accelerate emerging companies to reach their full potential through the launch of its Web3 Accelerator Program. 

Imran RS Bhuiyan, Program Lead of the Web3 Accelerator, shared:

“We are excited to announce the launch of our accelerator program aimed at guiding and accelerating early-growth startups in the Web3 space. Through mentorship, hackathons, strategic connections, and monetary investments, we will empower these companies to reshape their business models and tap into the global Web3 ecosystem. We invite promising technology companies from diverse web3 verticals to join us on this transformative journey.”

What is the Global Millennial Capital Web3 Accelerator Program?

Global Millennial Capital Web3 Acceleration Program is designed to guide early-growth companies in defining and reshaping their business model and creating a network of global relationships. The program will provide one-on-one mentorship, organize hackathons, explore testing and security, tokenomics, and connect with regulators, ecosystem participants, and investors. GMCL will invest up to $250,000 per company, and it is expected that a total of ten companies will be selected during the program.

How to Participate in the Web3 Accelerator Program?

Global Millennial Capital Ltd. is looking to partner with early-stage technology companies operating in data ownership, Web3 privacy tools, NFTs, cryptocurrency platforms, blockchain technology, digital entertainment, and DeFi, among other opportunistic verticals.

GMCL invites early-stage companies from around the globe to submit their business plan and pitch deck at https://globalmillennialcapital.com/web3-program/.

An Inclusive and Sustainable Future in Venture Capital Using Data-Driven Investment Decisions

Various digital transformations have led to exponential growth in machine-readable information, or digital data, over the internet. Knowing the impact of the digital economy, GMCL adopts data models, natural language processing, and artificial intelligence tools to enhance investment processes’ performance, with an active focus on digital innovation. GMCL believes that digitalization has encouraged new forms of collaboration among economic agents in the sharing economy, which has a disruptive impact on the role of conventional financial institutions. The investment style adopted by GMCL is highly inclusive of factors such as race, gender, and cultural background, which has led to improved socioeconomic outcomes.

About Global Millennial Capital Ltd.

Global Millennial Capital Ltd is the first venture capital investor to introduce the concept of data science in the traditional investment process to create thematic investment themes and artificial intelligence-led investment recommendations. As an active investor in the global fintech sector, which comprises companies operating in the fintech, web3, blockchain and AI verticals referred to as the “new economy technologies,” Global Millennial Capital Ltd is investing from Fund I ($25 million) at early and growth stages, using a diversified investment strategy targeting risk-adjusted returns while seeking alpha returns with downside protections. We are long-term partners with entrepreneurs, and we deploy value-creation strategies across cycles for our portfolio companies to enhance key drivers of scalability and profitability, such as access to capital and global markets. Our mission is to create superior assets and enable long-term shareholder value creation and landmark returns. More information can be found at: https://globalmillennialcapital.com/.

 

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