Sella Group Reveals “Metaverse 4 Finance Accelerator” to Support Startups Focused on Metaverse Finance
Sella Group is promoting the “Metaverse 4 Finance Accelerator” program for supporting startups focused on metaverse finance, with venture incubator dpixel serving as accelerator partner and Visa as global partner, among others.
Sella Group, an Italian banking company, has teamed up with venture incubator dpixel to act as an accelerator partner for the former’s new funding program called the “Metaverse 4 Finance Accelerator.”
Through this accelerator, the banking group looks to support startups focused on metaverse finance, with Visa being the global partner for this program.
More than a hundred different projects applied to the 6-month program that is split into 4 different phases: scouting & selection, business acceleration, technical validation, and matchmaking.
Some of the selection criteria included having a core team of at least 2 experienced co-founders backed by a proper roadmap and validated minimum viable product (MVP) that is ready for soft launch within the next 6-10 months.
Out of the hundreds of teams that have applied for the first phase, 10 teams are picked to go into the second phase, that is, business acceleration, for free. Five of these finalists will receive an investment of 100k Euros each in cash “in exchange for a negotiable equity share.”
The CEO of Sella Group, Pietro Sella, said the following in the accelerator program’s official website:
For more details on how this B2B vertical acceleration program works and who are all the partners involved in supporting this endeavor, you can check out the official website here.