Goldman Sachs co-leads $70 million raise by Alan Howard’s Elwood Technologies By RyanJamesWeeks
Goldman Sachs, Barclays and CommerzVentures invested in the Series A round alongside venture capital firms.Elwood Technologies, a crypto firm owned by Alan Howard, this morning announced a $70 million Series A round co-led by Goldman Sachs and Dawn Capital.
Howard set up Elwood in 2018. Its early work focused on building indices to offer investors exposure to blockchain and crypto. The Block then revealed last June that the businessJames Stickland, CEO of Elwood Technologies, said in a statement that the company had been “established to meet the needs of institutions seeking to secure exposure to digital assets.
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