Sports
Startup Building Theaters for Sports Valued at Over $1 Billion
- Cosm raised $250 million in push to open 50 locations
- Investors include billionaires Steve Winn and Marc Lasry
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Cosm, a company that builds giant theaters for watching sports, raised $250 million from a group that includes billionaires Steve Winn, David Blitzer, Marc Lasry and Dan Gilbert.
The funding pushes the firm’s valuation to more than $1 billion, according to Jeb Terry, Cosm’s chief executive officer.