Workers Launchpad Funding Programme supporting start-ups on Cloudflare Workers reaches $2B

Cloudflare, helping to build a better Internet, announced the Workers Launchpad Funding Programme has grown to $2 billion for potential investment in start-ups building on Cloudflare Workers, an increase of 14 partners and $750 million in less than two months. Cloudflare is also introducing the first cohort of start-ups participating in the program, featuring 25 companies from 10 countries.

The Cloudflare Workers Launchpad funding program initially launched in September 2022 to provide up to $1.25 billion of financing to start-ups building applications on Cloudflare Workers, a highly-scalable serverless computing platform that allows developers to build or augment apps without configuring or maintaining infrastructure. In the days and weeks following, Cloudflare received a surge in interest globally from venture capitalists interested in joining the program. Cloudflare has now welcomed 14 additional venture capital partners into the program, adding regional expertise in Australia and Latin America to the pool of partners.

Introducing the Workers Launchpad’s Fall 2022 Cohort Additionally, Cloudflare is announcing the Fall 2022 cohort of 25 entre- preneurs from around the world, chosen from hundreds of applicants from over 30 countries. Cohort finalists include Apyfy, working on data privacy, and Grafbase, accelerating backend software development.

The cohort includes startups from Belgium, Canada, France, Germany, India, Netherlands, Portugal, Singapore, the United Saudi Arabia, and the United States. The cohort will have the opportunity to pitch VC partners for investment, receive technical advice and support, participate in a virtual boot camp featuring sessions led by Cloudflare leaders and VC partners, and showcase their businesses during a Demo Day.

Matthew Prince, co-founder and CEO, Cloudflare.

Earlier this week, Cloudflare shared that 1 million developers are building and maintaining enterprise-ready applications with Cloudflare. With Workers features like Pages, Durable Objects, R2 and D1, and application services like rate limiting, load balancing, bot management and more, Cloudflare provides the tools to make building and maintaining applications cheaper, faster, and easier for developers.