Colosseum, a Solana-focused crypto accelerator, has raised $60 million for its first fund to back early-stage startups.
Colosseum, a Solana -focused crypto accelerator, has raised $60 million for its first fund to back early-stage startups in the Solana ecosystem.
Colosseum completed its first Solana hackathon on its online platform, Renaissance, from March 4 to April 8, Robbins said. He added that it was the biggest turnout for a Solana hackathon to date, with more than 8,300 participants from 95 countries.Colosseum began raising money for its Fund I toward the end of last year and closed it this month, Robbins said. The fund was "oversubscribed," as Colosseum initially aimed to raise $50 million, Robbins added.
The fund's full deployment will likely take place over three to four years, Robbins said, adding that it would depend on a batch size of future cohorts and follow-on investments.
Crypto Ecosystems Deals Layer 1S Startups Venture Capital New VC Funds Solana Startup Accelerators
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
HeyGen AI Video Scores $60 Million, Plus More Cinematic AI ShortsCharlie Fink is a consultant, columnist, author, and adjunct, covering AI, XR, and the Metaverse for Forbes. He is the author of the critically acclaimed AR-enabled books Charlie Fink’s Metaverse (2017), and Convergence, How The World Will Be Painted With Data (2019).
Read more »
Dan Snyder's $60 million mansion is back on the marketDan Snyder doesn't seem to be planning a return to the D.C. region. After donating his Maryland estate to the American Cancer Society last year, the former Washington Commanders owner wants to sell his Fairfax County estate for $60 million.
Read more »
This Apple Pencil can make drawing, writing, and sketching easier for $60If you’re an artist, student, or professional who values precision and creativity, having an Apple Pencil paired with your iPad is an indispensable tool.
Read more »
This Apple Pencil can make drawing, writing, and sketching easier for $60If you’re an artist, student, or professional who values precision and creativity, having an Apple Pencil paired with your iPad is an indispensable tool.
Read more »
This Apple Pencil can make drawing, writing, and sketching easier for $60If you’re an artist, student, or professional who values precision and creativity, having an Apple Pencil paired with your iPad is an indispensable tool.
Read more »
15 Gorgeous Summer Wedding Guest Dresses Under $60 at Amazon Right NowAmazon’s fashion section is teeming with thousands of summer wedding guest dresses, and we found the 15 best minis, midis, and maxis for less than $60.
Read more »