Movement Labs has launched the "Move Collective" accelerator, which has helped its ecosystem projects complete $13.20 million in seed round financing.

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According to Deep Tide TechFlow, Movement Labs has announced the launch of its accelerator "Move Collective," aimed at nurturing and supporting promising projects within the Movement ecosystem, providing comprehensive support for projects at different stages of development. Recent beneficiaries of Move Collective include:
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Lync: Raised $1.50 million to build user-centric native mobile applications and games;
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HelixLabs: Raised $2 million for its innovative cross-chain interoperability solutions;
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Nexio: Raised $2.20 million for Bitcoin parallel rollups;
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Echelo: Raised $3.50 million for their decentralized lending protocol;
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Meridian: Raised $4 million to build a robust and secure DeFi platform.
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Move Collective aims to transform innovative ideas into successful blockchain applications by providing collaborators with a range of benefits, including funding opportunities, expert guidance, strategic networking, and necessary resources.
Previously, Movement Labs, in collaboration with the Web3Port Foundation, launched a $10 million ecosystem fund last month to invest in native Movement DeFi, consumer, and gaming applications to support the development of the Movement ecosystem.
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Movement Labs has launched the "Move Collective" accelerator, which has helped its ecosystem projects complete a seed round financing of $13.20 million.