Colosseum raises $60M to support Solana’s hackathon teams

The capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.

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Solana’s Colosseum has closed a $60 million funding round for its first fund dedicated to developing its accelerator program for startups. 

The capital will be used for pre-seed investments in teams accepted into Colosseum’s Accelerator program — designed to bring more developers and startups into the Solana ecosystem.

“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.

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