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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 communities. “With this round of fundraising, we continue on our mission of serving a brighter future f...

The company's 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 company's Series F funding round of $190 million was led by T. Rowe Price Group, with participation from The Invus Group, Declaration Partners, Equilibra Partners Management, SWaN & Legend ...

Houston's 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 manufacturing. The station is expected to cost roughly $2 billion. Axiom is funding this through private i...

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 a space economy in the region of $1 trillion “in the next few decades”. The round was led by C5 ...

Axiom Space raises $130M to advance its commercial space station plans - SiliconANGLE