‘Moonlight’ Studio A24 Raises $225 Million for Future Projects

A24, the independent production company behind such movies as “Lady Bird” and the best-picture Oscar winner “Moonlight,” raised $225 million to fund future projects.

The growth-equity firm Stripes served as lead investor and its founder, Ken Fox, will join the company’s board, according to a statement Wednesday from A24, which said that Neuberger Berman also participated.