Modex has been accepted into the C5 Accelerate (C5A), a distinguished business accelerator from the United States, which empowers, emboldens, and enables founders with bold ideas and breakthrough technology. This program, held twice a year in Spring and Fall, prepares businesses to scale in the U.S. market. Modex is one of nine companies chosen this Spring from hundreds of companies to be part of the C5 Accelerate.

C5 Accelerate (C5A), a global business accelerator based in Washington, DC, is thrilled to announce its 7th accelerator program, designed to give early-stage start-ups that are helping to build urban resiliency access to investors, advanced mentorship, leadership development, and business development support. C5’s Spring cohort is focused on urban resiliency, specifically on helping to scale the diverse set of technologies which will make cities resilient, inclusive, and sustainable. Many of these technologies sit at the nexus of C5’s core strengths in cyberspace, AI, and cloud technologies. Innovators must focus on how to make urban environments more resilient for a digital future.

The world-class network accelerator program, running from 4 May to 31 July offers over 100 hours of course instruction, consultations, roundtables, workshops, and more to scale their business and make a measurable impact. At the end of their first week, we will be releasing more about each company and then profiling one of their founders each Friday during the program.

Mihai Ivascu, CEO & Co-founder, commented: “For me, as part of the Modex team, which worked for two years on an almost perfect project – Modex Blockchain Database (BCDB) – this validation from one of the largest investment funds in the United States is one of the greatest achievements since the establishment of the company three years ago. I am convinced that this recognition also comes with a series of responsibilities on our part, but we are ready to play in the big league”.

About Modex

Modex, the blockchain database company, innovates thanks to its incredible team of experts and offers services for the entire blockchain technology ecosystem. Modex’s mission is to spread and facilitate the adoption of blockchain into society and to solve real-world problems using this revolutionary technology.

Modex BCDB is a middleware that fuses a blockchain with a database to create a structure that is easy to use and understand by developers with no prior knowledge in blockchain development. As a result, any developer who knows how to work with a database system can operate with our solution, without needing to change their programming style or learn blockchain. For enterprises, Modex BCDB translates into enhanced data security, secure data sharing, streamlining of operations, and maximum protection against cyberattacks.

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