According to Techub News, Regolith Labs, a subsidiary of Solana's ecological mining project Ore, has completed a $3 million seed round of financing, led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society and 3KVC.

Regolith Labs aims to accelerate the development of the ORE ecosystem. Attract more users through the new proof-of-work system and liquidity network on Solana.