Beacon, the Web3 accelerator launched by Polygon co-founder Sandeep Nailwal, has announced that in one year of operation, Beacon founders have raised over $150 million in funding from the best funds in the world. Applications for Cohort S24 are now officially open and the closing date is March 18, 2024.
In previous news, Web3 startup accelerator Beacon has added ten new startups to its third cohort. The startup accelerator runs two batches per year, and this is its third since launching in January 2023.
Sandeep Nailwal said: "This marks Beacon's first anniversary. We have accelerated 33 startups, the investor network has grown to over 500, and our companies have collectively raised over $150 million in funding."