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YZi Labs Launches Atlas Scout Program for Student-Led $1 Million Venture Fund

YZi Labs Launches Atlas Scout Program for Student-Led $1 Million Venture Fund

According to YZi Labs’ official statement, the Atlas Scout Program will recruit 5 to 10 students from selected universities to help invest up to $1 million in early-stage Web3, AI, and biotech startups.

Fact Check
The statement is accurately reflected in official announcements and multiple reputable crypto news outlets. All key details—the program name (Atlas Scout), the participant count (5-10 students), the fund size ($1 million), and the target sectors (Web3, AI, biotech)—are consistently reported.
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Summary

YZi Labs said in an official announcement that it launched the Atlas Scout Program, a student-managed venture initiative with up to $1 million available for investment. The company said the first cohort will recruit 5 to 10 students from Stanford, Harvard, MIT, Columbia, NYU, Carnegie Mellon, and UC Berkeley. Participants will invest in early-stage startups focused on Web3, AI, and biotechnology.

Terms & Concepts
  • Web3: A blockchain-based model for internet applications and services that emphasizes decentralization, digital ownership, and user control.