December 2, 2022

MH Ventures backs Web3Port in a seed funding round

MH Ventures, a boutique full-service venture capital firm in the blockchain, cryptocurrency & web3 space, has announced its participation in a seed funding round for Web3Port, a web3-based accelerator.

Main Takeaways

MH Ventures, a boutique full-service venture capital firm in the blockchain, cryptocurrency & web3 space, has announced its participation in a seed funding round for Web3Port, a web3-based accelerator.

Web3Port will use the funds raised to grow its team and expand its operations to better serve its clients.

Kamran, Co-founder & partner at MH Ventures, said, “In the world of Web 3, Web3Port is a BUIDL tool that is indispensable. Our goal is to foster the expansion of Web3 communities by facilitating communication among business owners, investors, and community members to create a more open and equitable network of Web3 developers.”

Xiaojiang Xie, CTO at Web3Port, said, ‘’Web3Port has raised $75k from MH Ventures for team growth and business development. Web3Port is highly recognized by MH Ventures based on Web3Port’s team strength, roadmap, business model, etc. MH Ventures, a boutique full service Venture Capital firm investing in disruptive technologies and people of the future,  is well experienced in discovering promising blockchain startups, has good reputation and broad connections. Web3Port is very glad to build the blockchain future and move forward with Web3 together with MH Ventures.‘’

Web3Port is a BUIDL tool designed for Web 3 professionals. It has a very strong focus on the development of Web3.0 startups. It is one of the first accelerators to offer support in the form of funds, community, marketing, and tokenomics. 

A key objective of the project is to assist these startups in taking their ventures from zero to one and beyond. This will allow them to become more competitive in the Web3.0 ecosystem and contribute to its growth.

The accelerator has a very experienced team that includes some of the early investors in Web3.0 projects. This gives them unique insights into the industry, which they can share with their portfolio companies. In addition, they have a strong network of mentors and advisors who can help these startups grow and succeed.

As part of their mission, they strive to facilitate the growth of Web3 communities by eliminating the barriers between investors, investors, and contributors, as well as setting up an open and fair network of Web3 builders. 

There is no denying that the web 3.0 space is a complex and ever-changing landscape. To be successful in this sphere, it is essential to have a tool that can keep up with the latest trends and developments. With Web3Port, users can easily manage their web3 project with all the features they need in one place.

About MH Ventures

MH Ventures has teamed up with some of the most well-known names in the crypto and blockchain industries, including Lend, magpie, Web3PORT, Sonic Wallet, SmartToken Labs, Decaf, Tatsumeeko, WINCAST, etc. They are passionate about investing in and supporting disruptive technologies and the people behind them. Their mission is to identify and invest in the best projects that have the potential to change the world for the better.

For more information, follow MH Ventures on Twitter and LinkedIn.

About Web3Port

The Web3Port tool is a BUIDL tool designed primarily for individuals working in the Web 3 space. It’s a full-featured solution for web3 projects and startups wanting to successfully develop and launch their products.

Web3PORT is committed to helping its portfolio companies succeed. It has a very hands-on approach and provides them with the necessary resources to grow. This includes access to funds, marketing support, and community building. The accelerator also strongly focuses on tokenomics and how it can be used to drive growth.

For more information, click here.

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