Graviton web3 accelerator's digitally simulcast demo day saw participation from global VCs and angels, on the hunt for India's next web3 unicorns
In image: Graviton team at the Bangalore chapter of the nationwide #BuidlerHunt
Graviton, a web3-focused accelerator backed by global VCs such as Hashkey Capital, Moonrock Capital, NGC Ventures, 369 Capital, Ascensive Assets, Stacker Ventures, MH Ventures, G1 Ventures, Infinity Ventures Crypto (IVC), and GravityX Capital, organized its Demo Day in July.
The event hosted over 70 investors from 16 countries, converging on the 6 teams currently undergoing acceleration at Graviton, after emerging as outliers from a pool of 300+ applicants.
Graviton has armed its first cohort with an infusion of institutional capital (a seed investment into each team), technical grants and integrations from a vast partner ecosystem, workshops with proven industry mentors to help the teams with business modeling, tech strategy, growth marketing, and fundraising, in addition to increased networking opportunities with VCs.
“While the ongoing ‘bear market’ sentiment fosters a conservative investment mindset around the world for crypto platforms, we at Graviton believe that world-class technology products led by visionary founders are always ahead of the curve, and always lucrative to serious investorsâ€, remarked Arpit Nik (Founder & CEO at Graviton and a General Partner at GravityX Capital). Arpit and team have been busy identifying & empowering India’s strongest web3 founders since December 2022.