The partnership will create a new bridge for LeadBlock Connect to access the resources and opportunities within the Mantle Ecosystem.
Layer-2 scaling solution Mantle Network has announced a strategic collaboration for Europe with investment fund with LeadBlock Bitpanda Ventures (LBV).
Through this partnership, LBV and Mantle aims to drive awareness and back founders throughout their entrepreneurial journey in the region. Europe. The partnership comes as Mantle Network looks at boosting user adoption and expanding its footprint in Europe, starting with France.
The partnership reinforces past collaborative efforts between LeadBlock Partners and Mantle. In July 2023, Mantle catalysed a $200 million capital pool to be deployed within Mantle Ecosystem over the next three years through the collaborative efforts of Mantle EcoFund and Strategic Venture Partners including LeadBlock Partners, Animoca Ventures, Bankless Ventures, Dragonfly, Hashkey Capital, Pantera, SevenX Ventures, among others.
David Toh, Managing Partner at Mirana Ventures, and the operator of Mantle EcoFund, comments, “The Mantle EcoFund is privileged to have the opportunity to collaborate and invest alongside esteemed funds within the industry. David and the LBV team are widely acknowledged and respected for their extensive network and active investment approach in supporting founders.”
David Chreng-Messembourg, Founding Partner of LeadBlock Partners & LeadBlock Bitpanda Ventures, says, “We have known and worked closely with the Mantle team over the past years. We share similar values, for instance in supporting financially and operationally founders from day 1, all the way to their protocol/product launch. This partnership truly strengthens the ties between our two organisations across the world in general, and Europe in particular.”
LBV has been actively deploying capital to back top tier founders, and support their growth. The fund is increasing its engagement efforts with domestic developers and founders communities, leveraging its LeadBlock Connect initiative. With this partnership, a new bridge will be created for LeadBlock Connect to access the resources and opportunities within the Mantle Ecosystem.
In line with this partnership, Chreng-Messembourg has joined the newly-launched Mantle Scouts program as a pioneer Scout. The program empowers 15 respected leaders in the industry to support high calibre projects through grants and close mentorship. An initial $1 million in $MNT tokens has been earmarked for the Scouts to kickstart these teams’ growth within Mantle Ecosystem.
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