ChainCatcher reported that according to Coindesk, Colosseum, a startup accelerator that organizes hackathons specifically for the Solana ecosystem, announced that a fund focusing on investing in early-stage projects has completed $60 million in fundraising. The fund is oversubscribed and will focus on Pre-Seed stage investments in startups selected by the winners of the Solana Hackathons.

So far, Colosseum has funded 11 companies and deployed $250,000