Contact
Howard Palmer

Howard Palmer

Associé

Read More
Contact
Howard Palmer

Howard Palmer

Associé

Read More

26 mai 2022

Dawn Capital co-leads Elwood Technologies' $70 million Series A funding round

Start-up venture capital fund Dawn Capital has co-led on crypto-focused platform Elwood Technologies' $70 million Series A funding.

We have advised Dawn Capital on the investment round which also included Goldman Sachs, Barclays and Commerzbank’s CommerzVentures, as well as Galaxy Digital Ventures, BlockFi Ventures, Flow Traders, Chimera Ventures and Digital Currency Group.

Elwood Technologies, founded by hedge fund billionaire Alan Howard, acts as a bridge between institutions and cryptocurrency markets, having first released its products in early 2019. The latest investment round means the company can respond to growing institutional client demand as well as expand its global operations and products.

Commenting on the deal, Howard Palmer, Corporate Technology partner, said: "Crypto-based companies are still going strong when it comes to funding from both traditional and crypto-based investors. Our advice and strength-in-depth of our team was integral in making sure the funding round went smoothly for Dawn Capital. We look forward to seeing Elwood Technologies' latest steps in its global expansion."

The team was led by partner Howard Palmer with support from legal advisor Deepti Patankar and associate Emily Townsend.

Call To Action Arrow Image

Latest insights in your inbox

Subscribe to newsletters on topics relevant to you.

Subscribe
Subscribe

Related Insights

Fusions et acquisitions d’entreprises et marchés financiers internationaux

Advising leading crypto fintech Trustology on its exit to European unicorn Bitpanda

25 février 2022

par Howard Palmer et Ed Chapman

Cliquer ici pour en savoir plus