Algorand Foundation Launches Algorand Ventures to Support Ecosystem Development

Algorand Foundation announced the launch of Algorand Ventures, which aims to provide funding and launching support to builders and investors in the Algorand ecosystem.

Algorand Ventures will make investments in the ecosystem in three ways: investing in pre-seed projects via its accelerator programs; working with two limited partners, Borderless and Arrington Capital, to invest in seed projects; making direct investments to scale stage projects.