(Benzinga) QANplatform, the Quantum-resistant Layer 1 hybrid blockchain platform, has announced its selection into the #1 Online Global Accelerator, Newchip Accelerator’s May 2022 cohort. IQT-News shares the announcement here:
The Newchip Accelerator portfolio, valued at over $9 billion, includes over 1,500 graduates that have collectively raised over $450+ million in funding. With thousands of startups applying for consideration into the Newchip Accelerator, QANplatform was one of the teams selected to participate in the current cohort. QANplatform will participate in a 6-month long accelerator program.
During the program, startup founders work closely with mentors and advisors, engage in mastermind sessions and leverage a vast partner network to prepare them to raise investment capital from angel investors, venture capital, and/or equity crowdfunding. The program culminates with Demo Week, where the startups present their companies to curated investor groups from around the world – like Techstars, Plug and Play, PayPal, Porsche Ventures, Alumni Ventures Group and more.
“As quantum computing slides closer and closer into our global reality, more investors, as well as government and key industries are beginning to take note,” said Armando Vera Carvajal, Vice President at Newchip. “It’s why it’s so important now to find and accelerate deep-tech projects, like the QANplatform, which can form future technologies, industries and markets. The way we see it, the QANplatform will make a major high-impact on the blockchain industry because of its quantum-resistant security and its multi-language smart contract feature where developers will be able to build blockchain use cases in any programming language. That seems like a major game changer to us, and it’s why we’re excited to partner with them here at Newchip.”
Sandra K. Helsel, Ph.D. has been researching and reporting on frontier technologies since 1990. She has her Ph.D. from the University of Arizona.