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Crypto and blockchain startups make it to Google’s Launchpad Studio accelerator

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Shampa Mani reporter

Thu, 06 Sep 2018, 03:42 am UTC

Google has welcomed a new cohort of startup companies into the Launchpad Studio accelerator, TechCrunch reported.

Inaugurated in 2017, Launchpad Studio is a product development acceleration program that matches top machine learning (ML) startups and experts with Google’s expertise to help accelerate applied ML and artificial intelligence (AI) innovation.

While the first cohort focused on medical data, the latest group will focus on disrupting traditional financial markets and systems. Those who made it to the program include a number of blockchain and crypto-focused companies including:

  • Alchemy (USA), bridging blockchain and the real world
  • Axinan (Singapore), providing smart insurance for the digital economy
  • Aye Finance (India), transforming financing in India
  • Celo (USA), increasing financial inclusion through a mobile-first cryptocurrency
  • Frontier Car Group (Germany), investing in the transformation of used-car marketplaces
  • Go-Jek (Indonesia), improving the welfare and livelihoods of informal sectors
  • GuiaBolso (Brazil), improving the financial lives of Brazilians
  • Inclusive (Ghana), verifying identities across Africa
  • m.Paani (India), (em)powering local retailers and the next billion users in India
  • Robinhood (USA), democratizing access to financial market
  • Starling Bank (UK), improving financial health with a 100% mobile-only bank

These companies will receive all-expenses-paid training at Google HQ in Silicon Valley; personalized mentorship from Google, Silicon Valley, and industry experts; equity-free support; Access to hardware and datasets; and ongoing support and community engagement after project completion, among others.

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