Lithium Joins AWS Loft Accelerator

AWS backs Lithium to help scale the business

Medley
Future Venture
Published in
2 min readNov 16, 2022

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Another day another step to creating THE community platform. As a team we’re incredibly excited to announce that we have been accepted on to the AWS Loft Accelerator program. Operating in Europe, Middle East and Africa the Loft Accelerator assists tech startups in a number of areas. Whilst the fundraise continues in earnest, having AWS on as a backer and partner of Lithium is a huge boost to the project and achieving its vision.

The Loft accelerator will provide Lithium with unrivalled access to the global network of tech leaders and entrepreneurs within and working with AWS. As we begin preparing to execute on our comprehensive tech roadmap (post raise) being able to get insight into how other teams have leveraged AWS and scaled their stack at similar stages to ours will be invaluable.

The assistance with funding we will receive compliments other conversations we are currently having perfectly. In this market downturn having AWS backing us and opening doors is a welcome boost and validation of what Lithium and its community are trying to achieve. (Expect more news VERY shortly around the raise).

As first time founders (bar Tom), the Alumni community will provide support, advice, guidance and mentorship for the team. This will help us with decision making, prioritisation, sound boarding and leadership all crucial skills when building out an early stage start-up such as this.

Of course, the credits we will receive will help us assign cost to other areas to help grow and scale the business without being concerned for the cloud infrastructure and uptime. Thank you AWS!

We understand that as community members, with all the web3 goings on it can be disheartening in this current climate. However, please understand this team continues to build, make partnerships, and focus on securing funds to scale the business to the next level. We can’t wait to share what’s next with you all!

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