Colony Raises $18.5 Million To Fuel Next-Generation Applications In The Avalanche Ecosystem
PRIVATENov 30, 2021
Amount Raised
$18.5 Million
Round Type
Funding Round
Financial ServicesLending And Investments
Description
Colony, a community-driven accelerator evolving into a decentralized autonomous organization that's aiming to generate rapid growth in the Avalanche ecosystem, announced it has raised $18.5 million in seed funding.
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Company Information
Company
Colony
About
Colony is a community-driven accelerator that aims to generate Avalanche ecosystem growth by empowering its community to invest in early-stage projects. Powered by a first-of-its-kind funding mechanism, Colony permeates traditional venture capital with a spirit of Community through open governance, support and inclusion. Over time, Colony will implement an inclusive DAO structure to become truly decentralized.
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