A $660M fund for fintech startups, investments in blockchain agency K-pop and innovative Web3 services from Huawei Cloud
Hello entrepreneurs! We meet you again at the end of another exciting week in November. In this edition of the newsletter, we'll tell you about the latest news in the Web3 space, new opportunities for YOUR startup, and be sure to cover all the exciting events coming up. So sit back, relax, and let us show you some incredibly useful resources for Web3 businesses!
Just a reminder — keep an eye on our account because we're committed to fueling your innovative ideas. Whether you need inspiration, advice, or just a chat about Web3, we're here to help you explore new frontiers!
Covalent: A Powerful Blockchain Data Solution
Founders building blockchain-based systems face an ongoing challenge — the complex process of extracting and managing data from the blockchain across multiple networks.
This is where Covalent provides clear benefits. Their unified API grants seamless retrieval of information spanning over 175+ chains through a single endpoint.
Through the platform's premium services, developers gain:
And InnMind's Perks Club members can utilize these features for free! Visit our website to sign up and take advantage of Covalent's innovative model!
Collaborate Seamlessly, Scale Fearlessly with Notion
High productivity, team building and efficient work organization are the pillars of any successful startup. Notion's universal work platform can help build these foundations.
This recognized service needs no introduction — its powerful database and task management features have won the trust of both large corporate teams and aspiring founders. Without further ado, we invite you to join our Perks Club and get 6 months of free Notion services, including unlimited access to AI!
By the way, a new promising trend has emerged on the global finance and technology landscape: Japanese financial giant SBI Holdings has announced a colossal investment aimed at innovative Web3 and fintech startups. With an impressive fund of $660 million, the holding is going to focus its assistance on 150-200 emerging companies.
This financial effort by SBI Holdings was a flexible response to the challenges Japan faces in creating an environment for new companies to thrive.
Unlock the Secrets of Winning Pitch: Tactical Tips from Our Expert
Of course, high team productivity, fine-tuned blockchain data collection and efficient organization of product development are mega-important factors affecting the viability of any startup. However, we must not forget that pitching your project is also necessary — this is the ?magic wand? that can attract venture capital investments.
And today is our Weekly Pitch Revision & Feedback Session, where our expert Abdul Rahman will help startups unlock their presentation potential and consequently attract investment.
At each of our meetings, founders get:
This is a great opportunity to test your presentation, prepare for working with investors and gain insight into the mentality of venture capitalists.
The number of participants is limited to 6 startups, so make sure to grab your spot at our next meetup, which will take place exactly one week from now, on November 23 at 14:00 CEST!
K-pop continues to conquer the world: Modhaus, a South Korean Web3 project that promotes K-pop artists, has closed an $8 million Series A funding round. The lead investor was U.S. venture capital firm Sfermion, with participation from SM Culture Partners, Laguna Investment, KDDI Open Innovation Fund III and Foresight Ventures.
Modhaus is positioned as an ?entertainment Web3 agency?. The main platform, Cosmo, utilizes blockchain technology and allows users to purchase digital images of bands or individual artists. Hey, Web3 in your area!
Strategic Growth Marketing for Web3 Projects: Workshop Insights
Promoting any project requires special and subtle marketing strategies. Simply relying on targeted ads or word of mouth is not enough. To avoid getting lost in the maze of marketing tactics, following an expert's guidance is wise.
William McGuire's workshop ?Growth Marketing in Web3? recording delivers just that.
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In this workshop, William shares:
With 7 years of Web3 experience, William is renowned for raising over $240M via crowdfunding and onboarding vast user communities.
Watch now and dive into the nuances of Web3 growth marketing!
Don't miss the Founder Workshop: Refine Your Pitch to Optimize Your Investment Dialogues
Friendly reminder: next Thursday you'll have a cool opportunity to join our Weekly Pitch Revision & Feedback Session, where expert Abdul Rahman helps founders maximize their presentation capabilities. Join us for a targeted consultation that is sure to strengthen your pitch presentation skills.
Key information
When: November 23, at 14:00 CEST
Who can attend: Available only to startups with a premium subscription to InnMind
Participants: Maximum of 6 startups per session
Format: 5 minutes pitch, 10 minutes feedback/questions
Take your pitch from conceptual to investment-ready. Join the Session and give your fundraising strategy a winning edge!
And of course, how can we do without innovation and new solutions in the world of the next-generation Internet: At the SUSTAINABLE WEB3 SG 2023 Summit, Huawei Cloud unveiled a set of Web3-centric cloud services designed to drive progress in the sector.
The services include Node Engine service, privacy computing and Inter-Planet File System (IPFS). These offerings are designed to support the Web3 infrastructure, improving its availability, efficiency and security.
Revealed: The 10 Most Active Investors Backing New Projects Despite Market Turbulence
The current investment market cannot be called a ?paradise garden? for startups. The economic turbulence has understandably made some investors hold back, so now every project is fighting for VCs’ attention. However, certain firms remain bullish, resolutely nurturing Web3, fintech and blockchain ventures despite headwinds.
We have prepared an article especially for you where we collected the Top 10 most active venture capital firms that have invested in various projects over the last month. Our selection provides a valuable perspective on which firms may partner with you amid the complex VC landscape.
Read the full version of our article and arm yourself with insights into the VC landscape and unlock a growth mindset, even in the crypto winter!
Level Up Your Network: Introducing Connection Hub, Your Direct Link to Web3 Leaders
Success in Web3 hinges on expertise and connections. That's why we're thrilled to debut Connection Hub — a platform to directly connect with founders, investors, startups and Web3 professionals. At Connection Hub, you can:
We aim to open doors, not lock you into another messaging platform. Dive into the new Connection Hub beta and start networking with active Web3 entrepreneurs today!
Check it out now and begin connecting with the people who can transform your business.
If you want to get more information about the Web3 sphere, venture investments, development and potential opportunities of crypto and blockchain startups, then subscribe to our Twitter, LinkedIn, Telegram, Youtube accounts or go to our website.
And if you know of other interesting and useful events or opportunities for Web3 startups, please be sure to share them in the comments!