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Sources say both Axios and The Athletic are raising money, with The Athletic aiming to raise around $50M at a valuation of more than $500M (The Information)

Sources say both Axios and The Athletic are raising money, with The Athletic aiming to raise around $50M at a valuation of more than $500M (The Information)

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pml.png The Information:
Sources say both Axios and The Athletic are raising money, with The Athletic aiming to raise around $50M at a valuation of more than $500M  —  Two of the younger digital media startups, The Athletic and Axios, are raising money to fuel diversification of their businesses, even as older media firms are consolidating.

Source: Sources say both Axios and The Athletic are raising money, with The Athletic aiming to raise around $50M at a valuation of more than $500M (The Information)

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