A Kenyan AgTech startup called Shamba Records has been chosen to be a part of CV Labs Acceleration Batch_06. The chosen startups span across conventional business sectors and web3 infrastructure.
By addressing global challenges, they aim to make a difference in the creative industries, intellectual property, and agriculture. Many of these startups are building the infrastructure for Web3, which includes data analytics, open source, and prediction solutions.
Shamba Records is a platform that helps farmers access loans by collecting data in real-time. It also has a farmers’ wallet to make payments and credit processing even easier. Shamba Records, created by Geroge Maina, is a Blockchain-powered distributed ledger. It employs big data and AI to gather information about farmers and pay them.
Each participant in the CV Labs Accelerator receives a capital grant of up to $135,000. Additional resources, such as one-on-one mentoring and tailored growth hacks, are available to them.
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The selected startups and what they do
Accelchain is a next-generation artificial intelligence (AI) platform that eliminates the need for developers to write code to create, test, and deploy secure decentralised applications (dApps) to the blockchain.
Cloud storage, worldwide reach, engagement incentives and one-of-a-kind NFT experiences are all part of Jamit, a decentralised podcast hosting platform based in Nigeria.
Startup KryptonZK, based in the UK and Switzerland, provides solutions to obstacles to zero knowledge adoption and tools for verifiable zero knowledge analytics computation on private big data.
Lawyerd is an automated brand protection agency based in Poland that is built on blockchain. Its products allow companies to quickly identify, track, and respond to trademark infringements.
The most cutting-edge UTxO-specialized infrastructure provider is offered by Maestro (US). Whether you’re building decentralised applications (dApps) for the Cardano blockchain or another platform, Maestro has you covered with its comprehensive suite of APIs and sophisticated software tools.
Open Source Economy (Switzerland) is an initiative to help open-source software reach its full potential. The model maintains the fundamental principles of openness, transparency, cooperation, and decentralisation while resolving the funding issues that open-source projects encounter.
Xtreamly is an artificial intelligence system developed in Germany and the United Kingdom. It improves DeFi by lowering LVR and optimising fees without using an oracle. It also boosts the performance of DEX and AMM by making predictions about dynamic slippage and arbitrage models.
CV Labs Programme Contents
In the 10-week CV Labs accelerator programme, participants work intense days under the supervision of 70 industry professionals. Pitching, product positioning, fundraising, marketing, regulation, and the law are all topics covered in the workshops, all in an effort to give the startups a leg up in their respective industries.
Mentoring from investors, business leaders, and other successful entrepreneurs will be available both in small groups and one-on-one.
Crypto Valley is one of the most developed blockchain hubs in the world, and its infrastructure is also available to participants.
According to CV VC AG’s Head of Acceleration, Bastian Wetzel, the accelerator creates ideal circumstances for development. It connects the projects that get in with a group of top investors and mentors in the field. The accelerator helps with everything from entity formation to creating a product roadmap and provides individualised support for each startup.
The programme is housed in the collaboratively designed CV Labs Accelerator space in Zug, Switzerland.
According to Bastian Wetzel, a venture capitalist who works alongside the ecosystem business, they are excited to learn from these talented individuals and showcase their abilities to revolutionise blockchain infrastructure and their respective industries. The startups will showcase their accelerated offerings at Demo Day on May 15, 2024, allowing others to invest alongside us in the startups’ journey potentially.