TechFlow news — According to official announcements, Movement Labs has launched its accelerator program, "Move Collective," aimed at nurturing and supporting promising projects within the Movement ecosystem by providing comprehensive support for projects at various stages of development. Recent beneficiaries of Move Collective include:
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Lync: Raised $1.5 million to build user-centric native mobile applications and games;
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HelixLabs: Raised $2 million for its innovative cross-chain interoperability solution;
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Nexio: Raised $2.2 million for Bitcoin parallelization rollup;
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Echelon: Raised $3.5 million for their decentralized lending protocol;
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Meridian: Raised $4 million to build a robust and secure DeFi platform.
Move Collective aims to transform innovative ideas into successful blockchain applications by offering partners a range of benefits, including funding opportunities, expert mentorship, strategic networking, and essential resources.
Earlier news reported that Movement Labs, together with the Web3Port Foundation, jointly launched a $10 million ecosystem fund last month to invest in native Movement DeFi, consumer, and gaming applications, supporting the growth of the Movement ecosystem.
