DEAL NOTE: Crowell & Moring Advises Payload in $650,000 Seed Round Financing
Firm News | 1 min read | 09.15.21
San Francisco – September 15, 2021: Crowell & Moring client Payload, a new digital media company focused on the business and policy of space, raised a $650,000 seed round, to provide business and policy news and analysis to aerospace and defense industry professionals. Winklevoss Capital, the venture firm owned by Cameron and Tyler Winklevoss, as well as Andy Weissman and Sam McIngvale, is the primary source of financing source for this seed round.
Payload sees an opportunity to provide marketers with a place to reach high-level space influencers. The company currently issues a sponsored weekly newsletter, with plans to transition to a daily newsletter and other complementary products such as events and podcasts. Crowell & Moring’s deal team was partner Jon O'Connell, counsel Matt Pelnar and paralegal Nathaniel Gagnon.
Insights
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May 22, 2026: A Crowell & Moring team represented Kanders & Company in a complex carveout transaction in which Kanders acquired the biosecurity business of publicly traded Ginkgo Bioworks. The resulting company, Perimeter Systems, has launched as the world’s first integrated biosecurity infrastructure platform, designed to transform biological signals into real-time intelligence and accelerate decisive response. At closing, Perimeter secured $60 million in growth capital, led by Kanders in partnership with SCS Financial, Goldcrest Capital, Four Cities Capital, and the Safe Artificial Intelligence Fund (SAIF).
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