Tim Draper's Apex Accelerator launches a 10-week program for Cardano founders with up to $70K per team and Silicon Valley residency.
VC & Fundraising ·
A 10-week accelerator program for builders on Cardano's network has been launched by Draper University, Cardano, and Orion Fund. The program, called Apex Accelerator, accepts applications through September 1 and targets founders working on DeFi infrastructure, tokenization, and enterprise solutions. Selected teams receive up to $70K in investment and a residency at Draper University's Silicon Valley campus, with the inaugural cohort commencing in October.
The initiative represents a structured pathway for early-stage Cardano projects to access both capital and mentorship from established venture figures. Participating founders gain access to resources and networks associated with Draper University while working on their projects in person during the 10-week period.
The exact number of teams to be selected and the full scope of mentorship or support services beyond the residency and funding remain unspecified. Additional details on selection criteria and cohort size are not yet public.