P2 Ventures commits $50 million to support Polygon ecosystem startup founders

According to BlockBeats, on April 17, CoinDesk reported that venture capital firm P2 Ventures has pledged to invest $50 million to support founders of Polygon ecosystem startups, a move that can stimulate new projects in the Polygon ecosystem. P2 Ventures' investment will be provided to founders through Hadron FC, a founder program with campuses in Dubai and New York. The program provides mentor guidance, legal and regulatory assistance, networking opportunities, and "comprehensive support to help deal with the complexity of startup development and raise funds." Among the initial 36 projects launched, several "constructed face-to-face collaborations for a week at facilities in Dubai." P2 Ventures is a blockchain venture capital firm spun off from Polygon Labs at the end of last year.