Regolith Labs, a Developer Studio Founded by Ore, Completes $3 Million Seed Funding Round Led by Foundation Capital

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September 14, 2024
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ChainCatcher News: Ore Launches Developer Studio Regolith Labs and Secures $3 Million in Seed Funding

Ore, a Solana-based mining project, announced on social media the establishment of its developer studio, Regolith Labs. The studio has raised $3 million in seed funding led by Foundation Capital, with participation from Colosseum, Solana Ventures, B+J Studios, Dead King Society, and 3KVC.

Regolith Labs aims to accelerate the development of the ORE ecosystem. By leveraging new proof-of-work mining primitives and liquidity networks on Solana, the studio aims to bring millions of new users into the cryptocurrency space.

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