Alphabet’s technology conglomerate, Google, has expanded its Google for Startups Cloud Program to include Web3 companies. This move will provide benefits to firms working on Web3 applications that utilize blockchain technology, such as Alchemy, Aptos, Base, Celo, Flow, Hedera, Nansen, Near, Polygon, Solana, and Thirdweb.
We are very excited to team up with @googlecloud in their Web3 startup program to provide real-time blockchain data 🚀
Web3 startups in the program get a free month of #NansenQuery & other benefits 🤝
Learn how it can help YOUR project succeed 💪https://t.co/xU3bZlkOiy
— Nansen 🧭 (@nansen_ai) April 25, 2023
Google Cloud is offering two product suites for Web3 startups based on whether the firms have raised funding. Pre-seed companies can receive up to $2,000 in Google Cloud credits valid for two years. They also get access to events such as Paris Blockchain Week, Consensus, and TOKEN2049 Singapore, where Google will participate. Seeded startups can get more benefits, including $200,000 over two years for Google Cloud and Firebase usage. They also receive $12,000 in Google Cloud Enhanced Support credits and 12 months of free Google Workspace Business Plus.
In addition to these benefits, Web3 projects, including Aptos, Celo, Flow, HBAR Foundation, Near, and Solana Foundation, can provide grants of up to $1 million each in fiat or tokens to such firms.
Seeded firms can also access up to $3 million in funding from Polygon Ventures. Furthermore, the Base Ecosystem Fund will provide priority reviews for entrepreneurs, while Coinbase Ventures will introduce them to its listing teams and applicable venture capitalists. Other benefits include up to $10,000 in Alchemy credits with VIP support and gasless contract deployment with Thirdweb.
Recently, blockchain analytics firm Nansen announced a partnership with Google Cloud to provide real-time blockchain data for startups. Its database currently contains over 250 million wallet labels. Alex Svanevik, co-founder and CEO of Nansen, commented, “We are able to provide real-time intelligence to level the crypto playing field,” thanks to the partnership with Google Cloud.