- Outlier Ventures today announced a strategic partnership
with Morgan Creek Digital to launch the first LATAM Base Camp
accelerator program.
- The LATAM Base Camp is Outlier Ventures' inaugural
accelerator program dedicated to partnering with Web3 startups in
Latin America building innovative
solutions that address existing challenges, helping to drive
sustainable growth and development in the region.
- The 12-week virtual accelerator program will include
workshops with subject matter experts from Outlier Ventures
and Morgan Creek Digital, as well as mentorship from industry
experts.
- Applications open today with the program starting in
September, 2024.
LONDON, July 18,
2024 /PRNewswire/ -- Outlier Ventures, the leading
global Web3 accelerator, has announced a new strategic partnership
with Morgan Creek Digital, to launch their first-ever
accelerator program in the Latin American (LATAM) region. Morgan
Creek Digital will support the program as a Venture Partner, with
chosen teams receiving a capital investment of up to $200K along with mentorship throughout the
program. The program aims to identify and support the best and
brightest Web3 tech startups across LATAM, reflecting Outlier
Ventures' and Morgan Creek Digital's combined commitment to
fostering entrepreneurial growth and technological innovation in
emerging markets. The virtual program will kick-off in September
and last for 12 weeks. The program will be run in English with
Spanish and Portuguese support.
In recent years, the Web3 ecosystem in LATAM has undergone a
significant transformation, marked by rapid advancements and
increasing adoption of blockchain technology. Outlier Ventures is
launching the LATAM Base Camp accelerator program to specifically
support a cohort of the best Web3 startups in the region. With
applications opening today, Outlier Ventures and Morgan Creek
Digital are seeking to identify and collaborate with startups that
are developing solutions aimed at driving technological and
financial innovation across Latin
America.
"We are thrilled to launch our first accelerator program in
LATAM in partnership with Morgan Creek Digital." said Benjamin Meyer, Chief Growth Officer, Outlier
Ventures. "The LATAM region is teeming with entrepreneurial spirit
and innovation, and we are excited to support and scale the next
generation of Web3 tech leaders. We have seen firsthand the
incredible founders in LATAM that are already in our portfolio and
we are excited to focus on a program specifically for the region,
as we continue to help build Web3 ecosystems globally. With Morgan
Creek Digital as our partner we are confident this will be a huge
success."
The LATAM Base Camp accelerator program will offer selected
startups access to a comprehensive program that includes tailored
mentorship from industry experts and networking opportunities with
investors. The teams will receive support from Outlier Ventures'
in-house team of experts on their product roadmap, community
building, entity structuring, and strategic support to navigate the
complexities of scaling a business in the Web3 industry.
"We are thrilled to partner with Outlier Ventures to help
support their first LATAM Base Camp Accelerator program. Having
successfully collaborated together to help support some incredible
startups, we are excited to deepen our partnership and develop an
accelerator program specifically designed to support Web3 founders
in Latin America who are driving
innovation and addressing regional challenges and opportunities"
said Mark Yusko, Managing Partner of
Morgan Creek Digital. "As Latin America's Web3 startup ecosystem
continues to evolve and mature at incredible pace, we are looking
forward to the kickoff of this program and supporting the cohort
throughout their journey."
Outlier Ventures' programs have been accelerating Web3 startups
since 2014, with a portfolio of over 300 startups from many regions
of the world. LATAM alumni include Sati, Takenos,
Drex and Tropykus, along with Capa who recently secured
pre-seed funding for $1.5M with an
investment from Morgan Creek Digital. Outlier Ventures will also be
launching an accelerator program in the Middle East and North Africa (MENA) region later this
year.
Interested startups can find more information and
apply at https://outlierventures.io/
About Outlier Ventures
Founded in 2014, Outlier Ventures is a global leading
Web3 accelerator with a renowned reputation as the go-to authority
for Web3 founders, investors and partners. With a portfolio of over
300 startups from every region of the world across its accelerator
program Base Camp and token launch advisory Ascent, Outlier
Ventures has helped raise over $350m
in seed funding across its various accelerator programs. Outlier
Ventures' portfolio includes leading Web3 companies including
Morgan Creek Digital's portfolio company Swipelux, along
with Biconomy, Boson
Protocol, Brave, Cheqd, Cudos, DIA
Data, Fetch.ai, IOTA, Ocean Protocol, Root Network
and XAI.
Outlier Ventures partners with global industry protocol leaders,
including Aptos, Filecoin/IPFS, Hedera, NEAR, Polkadot, Polygon and
Wormhole, along with leading global brands to design bespoke
programs by its team of experts that help refine business strategy,
product-market fit, community growth, token design and governance
as well as investor and mentor networks.
About Morgan Creek Digital
Morgan Creek Digital was formed in 2018 to focus primarily on
venture capital investments in Digital Innovation. Morgan Creek
Digital has deployed more than $400
million across previous funds and SPVs and has earned a
reputation as a thought leader in the Digital Innovation space. Led
by General Partners, Mark Yusko,
Sachin Jaitly, and Xavier Segura, the Morgan Creek Digital team
brings decades of experience as entrepreneurs, executives, and
investors in technology companies, with a focus on Artificial
Intelligence, Blockchain Technology, Computing
Infrastructure/Chips, and Big Data. Morgan Creek Digital will
deploy capital through an inclusive strategy that seeks to back a
diverse group of founders.
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