YZi Labs has announced the first cohort of its Atlas Scout program, selecting four university students from Stanford University, Yale University, the University of California, Berkeley, and the University of California, Los Angeles. The students will work with the YZi Labs team on early-stage investment efforts across Web3, artificial intelligence, and biotechnology, with responsibilities that include sourcing startup projects, conducting preliminary research, and assisting with due diligence. YZi Labs said final investment decisions will remain with the firm.
According to an earlier update cited by Foresight News, YZi Labs launched the Atlas Scout program in March. The initiative aims to recruit 5 to 10 students from universities around the world to form a student-run investment program. YZi Labs said it would provide up to $1 million in funding to support early-stage projects in Web3, AI, and biotech.
YZi Labs has named the first people joining its Atlas Scout program: four university students from Stanford University, Yale University, the University of California, Berkeley, and the University of California, Los Angeles.
YZi Labs says these students will work alongside its team on early-stage investments across Web3, artificial intelligence, and biotechnology. What will they do? Source startup projects, do preliminary research, and help with due diligence. But the final investment calls will still sit with YZi Labs.
Program launched in March
Foresight News earlier reported that YZi Labs rolled out the Atlas Scout program in March. The goal is to recruit 5 to 10 students from universities around the world and create a student-run investment program, backed by up to $1 million in funding for early-stage projects in Web3, AI, and biotechnology.
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