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Crowell EC/VC Team Advises Astra in $10 Million Series A Financing and $30 Million Line of Credit

Firm News | 1 min read | 10.20.22

San Francisco – October 20, 2022: A cross-practice Crowell & Moring team represented Astra, a leading provider of advanced bank-to-bank transfer technology for financial institutions, fintech startups, and enterprises, in closing a $10 million Series A financing and securing a $30 million line of credit. The financing will support the growth of Astra’s team — with a particular focus on engineering and compliance resources — to further enable faster payments from all sources to any destination.

The financing round was led by FPV Ventures, with participation from Slow Ventures and Allegis Capital. The $30 million line of credit was secured through CoVenture to support the company’s rapid expansion in the payments industry. Venture Capital partner Jon O'Connell led the Crowell team, which included senior counsel Scott Lessne (financial services), associate Justin Lurie (corporate), specialist Israel Guerrero (corporate), and senior paralegal Nate Gagnon (corporate).  

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Firm News | 2 min read | 05.22.26

Crowell & Moring Represents Kanders & Company in Acquisition of Ginkgo Bioworks’ Biosecurity Business

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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