Compartir este artículo

Solana-Focused Startup Accelerator Colosseum Raises $60M to Invest in Early-Stage Projects

Colosseum will focus on investing in selected teams from winners in Solana hackathons and so far deployed $2.75 million to eleven companies.

Por Aoyon Ashraf|Editado por Nikhilesh De
Actualizado 25 jun 2024, 1:50 p. .m.. Publicado 25 jun 2024, 1:09 p. .m.. Traducido por IA
Funding (Gerd Altmann/Pixabay)
Funding (Gerd Altmann/Pixabay)
  • Colosseum, a company that sets up hackathons for the Solana ecosystem, raised $60 million.
  • The company has already deployed $2.75 million to 11 different companies.

Colosseum, the recently launched startup accelerator that organizes hackathons for the Solana ecosystem, raised $60 million for a fund that will invest in early-stage projects, the company announced Tuesday.

The fund, which was oversubscribed, will focus on pre-seed investments in selected startups from the winners of Solana Hackathons. "It's evident that there is a market demand for novel, specialized venture products in crypto, and we are excited to have a diverse group of investors, including ecosystem founders and hackathon alumni, alongside us to realize our vision for Colosseum," said Clay Robbins, co-founder of Colosseum, in a statement.

STORY CONTINUES BELOW
No te pierdas otra historia.Suscríbete al boletín de Crypto Daybook Americas hoy. Ver todos los boletines

When asked about what attracted investors to the fund, given the large sum of money that Colosseum raised, Robbins said, "many of Colosseum’s LPs are agnostic to ecosystem but believe in the team’s immediate thesis that the Solana ecosystem has the most potential. Institutional LPs invest with both the current focus on the future in mind for what the model can become – so not necessarily a fund focused on one ecosystem, but more so this model."

The accelerator sees hackathons – events where developers and founders come together to innovate – as the "crucible" for crypto innovation and company formation. According to the statement, it hosted its first Solana hackathon earlier this year, which attracted over 8,000 participants.

“Our hackathons are designed to level the playing field for builders globally to experiment with crypto product development and launch onchain startups,” explained Matty Taylor, co-founder of Colosseum and former head of growth of Solana Foundation.

Colosseum has funded 11 companies and deployed $2.75 million so far, Robbins added.

Among the investors, Bonk DAO – a 12-person council of Solana power brokers who manage $124 million worth of BONK token – said earlier this year that it plans to invest $500,000 in the fund.

Read more: The Biggest BONK Whale Just Invested in 'Ycombinator for Solana'

CORRECTION (June 6, 13:45 UTC): Corrects to say the fund deployed $250k to eleven companies each, making the total investment $2.75 million.



More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Foundation behind restaking protocol EigenLayer plans bigger rewards for active users

EigenLayer CEO Sreeram Kannan (University of Michigan, modified by CoinDesk)

An Incentives Committee would direct programmatic token emissions, focusing allocations on participants that secure AVSs and contribute to the EigenCloud ecosystem.

What to know:

  • The Eigen Foundation has unveiled a governance proposal aimed at ushering in new incentives for its EIGEN token, shifting the protocol’s reward strategy to prioritize productive network activity and fee generation.
  • Under the plan, a newly formed Incentives Committee would manage token emissions, prioritizing participants who secure Actively Validated Services and expand the EigenCloud ecosystem.
  • The proposal includes a fee model that channels revenue from AVS rewards and EigenCloud services back to EIGEN holders, potentially creating deflationary pressure as the ecosystem grows.