5/9/19 Meow Wolf raises over $150M for expansion projects- Albuquerque Business First

Santa Fe art collective Meow Wolf has closed its largest funding round to date.

A Form D filed with the U.S. Securities and Exchange Commission Wednesday shows the interactive art house has raised a total of over $158,613,000.

CEO Vince Kadlubek said the funding will be used for Meow Wolf's planned permanent exhibits in Las Vegas and Denver and that "much of that work is happening here in New Mexico," as well as in each city. A total of 87 investors contributed to the round, according to SEC documents.

Meow Wolf's Denver expansion, the first for the homegrown company, was announced in January 2018. The 90,000-square-foot project, which will sit near the Denver Broncos Mile High Stadium, is slated for completion in 2020. It announced later that month it was launching a new exhibit in an area near the Las Vegas Strip called AREA15. That exhibit is expected to open late this year.

The new funding comes as Meow Wolf attracts national attention — and some pointed criticism — for its effort to create a for-profit artistic "immersive experience" in multiple cities.