Avalanche ecosystem accelerator raises $18.5M in seed funding By Cointelegraph

Nov 30, 2021



ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the following era of Avalanche blockchain initiatives, underscoring heightened demand for the proof-of-stake ecosystem.

The funding spherical was led by the Avalanche Basis, a corporation overseeing ecosystem improvement grants, with extra participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures. Members of the Avalanche group additionally participated within the seed spherical.