Accelerator
AXL runs accelerator programs for early-stage blockchain companies. Current
Disclosures
The plain position.
What this site is, where its figures come from, and what it is not.
Status
What AXL is.
Not a public fund
AXL does not offer interests in any fund to the public through this site. Current
Terms per program
Investment terms are set for each program and confirmed in writing. Per cohort
Sources
Where the figures come from.
| Figure | Source |
|---|---|
| US$50K for 4.5% at a US$1,111,111 post-money cap | Published terms of the Algorand APAC Accelerator |
| Up to 48 startups and US$2.4M over three years, four programs | Program announcement with the Algorand Foundation |
| 100 applications, 7 startups, US$350K in cohort one | Cohort one announcement |
| Kilde seed round, US$1.12M, June 2023 | Public investment records |
| Company status (active, merged, wound down) | Company and ecosystem announcements |
Legal notice
Not an offer.
Nothing on this site is an offer to sell, or a solicitation of an offer to buy, any security, token or other digital asset, and nothing here is financial, legal or tax advice.
Digital assets are volatile and early-stage companies often fail. Two of the seven companies in the first cohort have ceased operations, and this site says so.
Portfolio company descriptions are based on each company's public materials. Trademarks belong to their owners and do not imply endorsement.