Funding-round

STAX Engineering - SAFE

CompanySTAX Engineering
Amount$70,000,000
CurrencyUSD
Announcement date2025-02-26
Round typeSAFE
Primary source urlhttps://www.finsmes.com/2025/02/stax-engineering-raises-70m-in-funding.html
Terms or valuationThe round consisted of $60M in debt financing provided by Firstime Credit and Deutsche Bank Private Credit & Infrastructure and $10M through a Simple Agreement for Future Equity (SAFE).