TLDR: Nomoex, a rapidly expanding Web3 entity, has launched Nomoex Labs, an accelerator and venture capital arm, backed by a $20 million innovation fund. This initiative aims to bolster blockchain and AI startups globally, marking Nomoex’s evolution into a comprehensive Web3 ecosystem.
Bengaluru, Karnataka, India – October 16, 2025 – Nomoex, a prominent and fast-growing player in the global Web3 landscape, today announced a significant expansion of its ecosystem with the introduction of Nomoex Labs. This new accelerator and venture capital arm is dedicated to fostering the growth of blockchain and artificial intelligence (AI) startups worldwide. The company has committed a substantial $20 million innovation fund, which will be strategically raised and deployed over the next two to three years. This fund is designed to accelerate the adoption of decentralized technologies and digital ownership across various sectors.
The launch of Nomoex Labs signifies a pivotal moment in the company’s journey, transforming it from a crypto exchange into a holistic Web3 ecosystem. Key components of this expanded ecosystem include the Nomoex Token ($NOMOX), serving as the native utility token for rewards and governance; the Nomoex Layer-2 Blockchain, a high-performance chain engineered to support real-world decentralized applications; and Nomoex Labs itself, which will drive innovation across Web3 and AI startups.
Abhishek Mahto, Founder and CEO of Nomoex, emphasized the broader vision behind this initiative, stating, “We’re building more than a fund — we’re building a movement for the next generation of Web3 creators. Over the next 2-3 years, our $20 million innovation fund will back founders who are solving real problems using blockchain and AI.”
The venture is supported by notable investors including MBT Ventures, Adyton Ventures, and the IBC Group, led by global investor Mario Nawfal. This backing highlights the increasing international confidence in Nomoex’s long-term mission to establish a borderless, scalable, and inclusive decentralized economy.
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Nomoex Labs is poised to support high-potential founders engaged in developing solutions within blockchain, decentralized cloud, and AI infrastructure. The program offers a comprehensive package that includes crucial funding, expert mentorship, and unparalleled access to the extensive Nomoex network, which boasts over 2 million members across its partner communities globally.
