Solana’s Colosseum has raised $60 million for its first fund. The capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.
Solana’s Colosseum has closed a $60 million funding round for its first fund dedicated to developing its accelerator program for startups.
“We started Colosseum to enable founders to compete and realize their product vision without the geographic restrictions of traditional accelerator models. It’s evident that there is a market demand for novel, specialized venture products in crypto,” said Colosseum co-founder Clay Robbins. Earlier this year, Colosseum hosted its first hackathon for the Solana Foundation, which attracted 8,000 builders from 95 countries. The program received over 1,000 product submissions during a five-week competition.
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