The Singaporean government-backed blockchain platform Tribe has helped raise another $fifteen.7 million for participating companies through its ecosystem.

In a press release shared with Cointelegraph on Dec. 2, Tribe Accelerator revealed that a full of $28 million had been raised to date to back up start-ups from effectually the world attempting to solve real-world problems with blockchain applied science.

The showtime group of startups reportedly raised over $12.two one thousand thousand within three months. Managing partner of Tribe Accelerator Ng Yi Ming commented:

"Some other successful circular of fundraising underscores the relevance of blockchain technology in solving real-world problems. Every idea or solution shared during the Demo day has the potential to revolutionise the way the linked industry works in the present. We will continue to harbour companies with transformative innovations, that tin can change the face of the blockchain industry and benefit the end-user — making the technology more than mainstream."

Major corporate backing

Tribe, which helps blockchain startups in their growth stage by connecting them with major corporations, was launched in December 2022 and is the brainchild of Trive Ventures, a venture capital letter business firm aiming to support later-stage startups.

Since its launch, Tribe Accelerator has received support from regime and corporate partners including big 4 accounting behemothic PwC, South Korean blockchain network Icon Foundation, BMW Group Asia and Intel, among others.

More recently, IBM, Citibank and video game giant Ubisoft joined every bit corporate partners for the second edition of Tribe's four-month programme.

Tezos partners with Tribe to launch training program

On Nov. 21, Tezos'due south not-profit arm Tezos Southeast Asia (TSA) announced its collaboration with Tribe to jointly launch a training program for developers on the Tezos blockchain. Tezos besides hopes to attract more developers to create Tezos blockchain-based solutions for real-world applications. President of TSA Caleb Kow said at the time:

"By enabling trainers with a good knowledge of Tezos blockchain technology, they will be able to dilate the affect in their corresponding teams through the continual transfer and sharing of noesis to new learners."