Alphabet, the technology conglomerate that owns Google, has expanded its Google for Startups Cloud Program to include 11 blockchain firms as part of its Web3 startup program. These firms include Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb. Nansen, a blockchain analytics firm, has also announced a partnership with Google Cloud to provide real-time blockchain data for startups.
Google Cloud currently offers two product suites for Web3 startups, with different benefits based on the startups’ funding status. Pre-seed companies can receive up to $2,000 Google Cloud credits valid for two years, along with access to various events, such as Paris Blockchain Week, Consensus, and TOKEN2049 Singapore, where Google will participate.
Seeded startups, on the other hand, can receive $200,000 over two years for Google Cloud and Firebase usage, as well as $12,000 in Google Cloud Enhanced Support credits and 12 months of free Google Workspace Business Plus. Such firms may receive grants of up to $1 million each in fiat or tokens from Web3 projects like Aptos, Celo, Flow, HBAR Foundation, Near, and Solana Foundation.
Polygon Ventures offers funding of up to $3 million to seeded firms. Entrepreneurs who are part of the Base Ecosystem Fund will receive priority reviews, and Coinbase Ventures will facilitate introductions to its listing teams and relevant venture capitalists. Furthermore, they can avail themselves of other perks such as up to $10,000 in Alchemy credits with VIP support and gasless contract deployment with Thirdweb.
According to Alex Svanevik, co-founder and CEO of Nansen, the partnership with Google Cloud will “level the crypto playing field” by providing real-time intelligence.