Blockchain industry solutions provider StarkWare has launched a $4 million fund to accelerate blockchain adoption and support African startups. The fund, announced on February 4, is led by investor Kheireddine Kamal. It targets pre-seed and seed-stage startups deploying solutions on Starknet, StarkWare’s ZK rollup for Ethereum scaling.

Startups can apply for grants up to $150,000, with advanced teams eligible for investments up to $500,000. The fund will prioritize entrepreneurs in West, East, and South Africa, regions facing high fees, inefficient financial systems, and digital exclusion.

With this fund, StarkWare is paving the way for Africa’s blockchain-driven future by empowering startups and fostering financial inclusion.