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Dlab is a United States-based start-up program and venture fund with a focus on providing resources to early-stage companies that are focused on developing solutions for decentralization and the blockchain. It was started in 2018 as a partnership with EMBURGO, the commercial development arm of the blockchain ecosystem Cardano. In 2019, it was officially launched by its parent company, SOSV, to provide capital and mentorship to select founders in the Web3 sector. Later, in 2023, it was announced that dlab would be an independent fund.
Dlab's venture program is composed of two parts: mentorship and capital.
Interested parties can apply to work with dlab by completing an investment application, which is available on the organization's website. It is a ten-question survey that provides dlab's investment team with background information regarding the applying start-up.
If a start-up is approved for dlab's program, its team will receive mentorship for three to twelve months. Support comes in the form of feedback and review sessions for each individual start-up. There is access to a mentor network of other entrepreneurs, investors, and alumni from SOSV's (dlab's parent company) previous partnerships.
For capital, dlab offers up to $250,000 of pre-seed funding for start-ups that are accepted into the fund. Dlab also states that start-ups in the program will have access to approximately $500,000 of partner perks and infrastructure solutions.
In 2021, dlab also offered capital on a smaller scale in the form of $30,000 grants for companies in the concept and pre-launch stage of developing solutions specifically for decentralized finance and Web3.