Colosseum, a cryptocurrency accelerator focused on Solana, just raised $60 million for its first investment fund to support early-stage startups in the Solana ecosystem.
Colosseum, founded earlier this year by Clay Robbins, Nate Levine and Matty Taylor - former head of development at Solana Foundation, focuses on investing in startups participating in hackathons on Solana as an exclusive partner. authority in organizing these events, playing an important role in finding talent in the ecosystem.
Colosseum's Fund I, which initially aimed to raise $50 million, attracted greater interest and closed with $60 million. Each selected startup will receive an initial investment of $250,000, with the potential to receive additional capital depending on the progress of the project.
Fund I selected and invested in 10 projects from the first selection, including initiatives such as Ore, a token project that can be mined on the Solana blockchain, Urani, a smart swap aggregator on Solana, and BlockMesh , a DePIN project based on Solana.
Colosseum plans to deploy the fund over three to four years, supporting many rounds of startups. Their strategy aims to accelerate the development and adoption of early-stage technology, especially within Solana's robust blockchain infrastructure.
Colosseum predicts that its investments will help startups quickly achieve market fit. By integrating hackathons with funding and accelerators, Colosseum aims to drive innovation and experimentation across global blockchain communities.
https://tapchibitcoin.io/trinh-tang-toc-solana-colosseum-huy-dong-duoc-60-trieu-do-la-cho-fund-i.html