TZ APAC Celebrates Hyperglade’s and Gaspack’s Investments From Draper Associates and MDI Ventures

Two Web3 startups participating in the TZ APAC Tezos Incubator (TTI) have secured investments, a major milestone for every startup. But it’s more than simply about the money - it’s a signal of confidence from prominent investors; a testament to the innovation and potential that they see in these projects.

The passion and dedication of Hyperglade’s and Gaspack’s teams toward improving lives with Web3 technology is clearly evident during their tenure in the TTI, from their eager participation in masterclasses and workshops to sharing their insights with the other startup teams.

These investments serve as acknowledgment and affirmation of the relentless pursuit of their vision.

“Gaspack and Hyperglade represent the spirit of Web3 passion and innovation from Asia.

With their gaze toward the future and feet firmly planted on the ground, they build real-world solutions that positively impact lives by leveraging Web3’s cutting-edge capabilities.

At TZ APAC, these are the startups we’re incredibly proud to stand with and support their journey within our incubator program to project success.

As Layer 1 ecosystem builders based in Asia, this is what we’re constantly working towards - empowering Asian entrepreneurs and helping catalyze the region’s Web3 revolution.”

- Katherine Ng, Managing Director at TZ APAC

Hyperglade, a Sri Lankan Web3 SAAS firm, received a USD $350,000 investment from global VC firm Draper Associates, founded by world-renowned Silicon Valley investor Tim Draper.

CEO of Hyperglade, Kalana Muthumuni, speaking to Tim Draper

Hyperglade helps businesses leverage the power of Web3, by implementing customized blockchain infrastructure tailored to their business strategy.

Their solutions fall under a wide umbrella - having expertise in all realms of Web3, they’re able to add value to clients across many industries.

Amongst other things, they’re able to help government and educational institutions with verification; retailers with reducing customer acquisition costs and attrition through Web3-powered loyalty programs; and capital market clients with providing rewards to token holders through alternative financing.

Hyperglade is more than an infrastructure provider - with their team’s strong business acumen and Web3 expertise, they align their client’s strategy with technology. As evidenced in their body of work, they fully understand how to effectively lead Web2 companies in the transition to Web3.

“The funding we’ve received will go a long way towards our mission of the mass adoption of blockchain, creating a multitude of use cases tailor-made for every company. We believe that the Tezos blockchain, with its strong scalability, security, and decentralization, can be the network of choice to serve our client’s business needs.

The TTI has helped us multi-dimensionally, most notably in giving us a 360 degree view on the depth and breadth of the Tezos ecosystem, advice on navigating through tough market conditions, and helping us in formulating thought processes and frameworks required in ideation.”

- Kalana Muthumuni, CEO of Hyperglade

Gaspack, an Indonesian NFT launchpad, has successfully secured an undisclosed sum in a pre-seed funding round. The leading contributors to this investment were eMerge, the angel investor network of MDI Ventures, and Arise, with participation from 500 Global and Tokoin.

The Gaspack team with investors eMerge by MDI Ventures

Gaspack is blazing the trail in connecting brands, creators, and artists with their dedicated fan bases in Web3. They’re building a multi-vertical Web3 empire by capturing popular digital Intellectual Property (IP) and high-network communities, with several high-profile comic projects in the pipeline for their Web3 comic book store Kometh.

By enabling fiat payments for digital collectibles and UX-friendly wallets featuring an in-app NFT collection browser, Gaspacks doesn’t just make it easy for creators to launch NFT projects - but makes them want to join the Web3 revolution.

Having launched 8 NFT projects in the last year and with a 55,000-member strong community on Discord, they’ve generated over USD $12 million in primary and secondary sales transaction volume.

The funds raised by Gaspack will be used to further the development of decentralized IP by strategically attracting top-notch creators, especially from within the Tezos ecosystem.

“This funding is early fuel for Gaspack to create a robust ecosystem and onboard quality creators. It also shows that the trust and conviction in the Web3 space is still unwavering.

We’re very excited to integrate Tezos into our platform. We share a vision with the Tezos ecosystem of empowering creators through technology. Through Tezos integration, we believe that Gaspack can be the global platform of choice for creators and brands when launching NFT projects.

We’re also very glad and humbled to be part of the TZ APAC Tezos Incubator! The vast experience of the TZ APAC team will be integral to our future development and iterations.

The programs offered, like the masterclasses, mentorship, and networking opportunities, are super helpful for accelerating our capabilities as a company.

We hope that Gaspack and Tezos can achieve great things together, in driving the mass adoption of Web3.”

- Novrizal Pratama, CEO of Gaspack