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Family Offices and Tech Founders Back Crypto Startups like Paxos and Alchemy

Family Offices and Tech Founders Back Crypto Startups like Paxos and Alchemy Posted on 04/29/2021 Paxos is a New York-based cryptocurrency infrastructure and white-label services platform. Paxos raised US$ 300 million in Series D funding at a US$ 2.4 billion valuation. Oak HC/FT led, and was joined by Declaration Partners, PayPal Ventures, Mithril Capital, Senator Investment Group, Liberty City Ventures, and WestCap. In December 2020, Paxos raised US$ 142 million in a Series C round from Declar...
Societe Generale Davidm Rubenstein Ken Moelis Investment Group Credit Suisse Group Family Offices

Digital Asset Firm Paxos Raises $300 Million, Now Valued at $2.4 Billion

Digital Asset Firm Paxos Raises $300 Million, Now Valued at $2.4 Billion Compliance first digital asset firm Paxos has closed a $300 million Series D round of funding, according to a note from the company. Paxos’s platform offers technology to tokenize, custody, trade, and settle assets. Oak HC/FT led the round, with participation from existing investors including PayPal Ventures, Declaration Partners, Mithril Capital, Senator Investment Group, Liberty City Ventures, WestCap and more. Paxos ...
Societe Generale Patricia Kemp Paxos National Trust Bank Investment Group Credit Suisse Exchange Commission

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Cava Group secures $190M funding for expansion

Latest round seen fueling Zoe’s Kitchen conversions, Cava expansion and packaged goods growth Cava Group this week said it has received $190 million in a Series F funding round, which the company plans to use to finance the ongoing conversion of Zoe’s Kitchen locations to Cava and to expand Cava into new markets, among other uses. As previously reported, Cava has been converting Zoe’s, which the fast-casual Mediterranean operator acquired in 2018, to the Cava brand in suburban commu...
Brett Schulman Invus Group T Rowe Price Group Whole Foods Cava Group Price Group
Source: nrn.com

CAVA Receives $190 Million Investment to Fuel Expansion

The companys value is almost $1.3 billion, according to reports. Cava This year, CAVA will convert more than 50 Zoës Kitchen restaurants into CAVA locations and enter several new markets. CAVA Group, the parent of CAVA and Zoës Kitchen, announced Tuesday that it received a nearly $200 million investment to bolster restaurant expansion, grow consumer packaged goods, and elevate digital channels.  The companys Series F funding round of $190 million was led by T. Rowe Price Group, with parti...
Brett Schulman Invus Group T Rowe Price Group Whole Foods Cava Group Price Group

Houston's Axiom Space raises $130M to build commercial space station

Houstons Axiom Space raises $130M to build commercial space station FacebookTwitterEmail Houston-based Axiom Space raised $130 million in Series B funding to help build a commercial space station. Axiom was selected by NASA in January 2020 to develop a commercial space station module that will initially attach to the existing International Space Station. This first module is set to launch in 2024, and then additional Axiom modules will be added to provide areas for housing, research and manufac...
United States Rob Meyerson Davidm Rubenstein Washington University In St Axiom Space International Space

Axiom Space boosts station plans with $130m funding

Axiom Space boosts station plans with $130m funding Houston-based Axiom Space, which is aiming to develop the first commercial space station, has raised $130m in Series B funding. The financing will accelerate the growth of Axiom’s workforce and the construction of its privately developed space station, says the company. The idea is that Axiom Station will serve as a centre for commerce in Earth’s orbit. The company quotes the Bank of America and Morgan Stanley as valuing the potential for ...
United States Rob Meyerson Kam Ghaffarian Morgan Stanley Washington University In St Axiom Station

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