Immersive Entertainment Startup Cosm Raises $250M From Existing Investors Like Steve Winn And New Backers Marc Lasry, Dan Gilbert & More
deadline.comCosm, purveyor of immersive technology, media and entertainment experiences it has dubbed “shared reality,” has raised more than $250 million in new funding.
The new capital will fuel an ongoing expansion of the company’s portfolio of venues in LA, Dallas and other cities to come as well as fortifying the firm’s technology and media business divisions.
Participants in the new round include existing investor Steve Winn via his Mirasol Capital and a roster of new investors, most known for their stints as professional sports team owners.
Among the new guard are Avenue Sports Fund, led by former Milwaukee Bucks co-owner Marc Lasry; Rock, founded by Cleveland Cavaliers owner Dan Gilbert; Bolt Ventures, co-run by Blackstone partner and sports team investor David Blitzer; and investment firm Baillie Gifford.
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