Cosm Raises $250M to Drive Growth of “Shared Reality” Venues

Cosm, an immersive technology, media and entertainment company headquartered in Los Angeles, has raised more than $250 million in funding to drive long-term growth of its “Shared Reality” venues as well as its technology and media business units.

The latest round of funding includes existing investor Steve Winn and Mirasol Capital along with new investors Avenue Sports Fund led by Marc Lasry, Dan Gilbert’s ROCK, Baillie Gifford and David Blitzer’s Bolt Ventures. 

Following the recent opening of its first venue at Hollywood Park in Inglewood, Cosm will use the new capital to scale operational excellence, grow its technology and media business units and accelerate the development of additional venues globally. Cosm’s second venue is slated to open later this year in Dallas at Grandscape and the company recently announced the location of its third venue in Atlanta at Centennial Yards. 

“Cosm was created to redefine the way the world experiences content, and over the past few years we have been building the foundation of the business and growing the team necessary to achieve that vision,” said Jeb Terry, president and CEO of Cosm.