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Tim Draper backs new Cardano accelerator to boost DeFi startups into investor-ready firms

Protocol Fundamentals
25 Aug 2026
UToday
View Source
Bullish
pluang ai news

Billionaire investor Tim Draper supports the Apex Growth Accelerator, a 10-week program designed to help Cardano-based startups become investor-ready. The program, starting October 5 and closing applications on September 1, is powered by the Orion Fund and Draper University. It targets startups working on DeFi infrastructure and real-world assets, offering up to $70,000 in investment for 3.5% equity and access to Draper's Silicon Valley network. This initiative aims to create a strong pipeline of innovative companies around Cardano, potentially attracting further funding from Draper's network.

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