Solana's Colosseum has secured $60 million in funding for its first fund, aimed at expanding its accelerator program for startups. The funds will be used for pre-seed investments in teams accepted into the program, which aims to attract more developers and startups to the Solana ecosystem. Colosseum, an independent organization, has been leading Solana's hackathons since January 2024 and has seen participants launch 4,000 products and raise over $600 million in venture funding. The Solana ecosystem currently boasts over 2,500 monthly active developers on open-source repositories.