Qualitative: -Is it a good business model, in a good sector with long term secular tends driving it? Web Hypertext Application Technology Working Group, Get Free Access to Adit Ventures Contacts Info. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. 1345 Avenue of the Americas Fl 33, New York, New York, 10105, United States. Our team has demonstrated a track record of successful execution over the past three years since starting the company, and we look forward to delivering expansion of capacity through Adit EdTech industry advisors Cristina Dolan and Eva Kaili have notable involvement with blockchain companies and blockchain legislation, respectively. Eric Munson co-founded ADIT Ventures in 2014 at the request of family offices seeking to obtain shares in select late-stage venture-backed growth companies. with three US-based facilities and planned mining capacity of 734 megawatts (MW) operational by 2023 with a power cost of less than $25/MWh. Cision Distribution 888-776-0942 "Adit Ventures is proud to have an executive with Lazear's experience further build out Adit's operational and compliance depth. Managing Director - Co-Founder, Adit Genesis. -Is there a good management team, with depth and experience in meeting challenges, competitive threats and executing its goals? Total number of diversity investments made by an investor, Total number of employee profiles an organization has on Crunchbase, Total number of Crunchbase contacts associated with this organization, Descriptive keyword for an Organization (e.g. With an Adit late-stage venture capital fund, youre investing in tomorrows market. Mr. Block will be based out of Adit's headquarters in New York. 86% of retail CFD accounts lose money, https://www.prnewswire.com/news-releases/adit-ventures-announces-chief-operating-officer-301339729.html, Registration on or use of this site constitutes acceptance of our. Issuer's Identity 2. vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of energy infrastructure and bitcoin mining facilities across the United States. Team Adit has relationships cultivated over their 150 years of principal investing experience. this transaction., David Shrier, CEO of Adit EdTech, added, Carbon-free mining is the future of bitcoin. ADIT VENTURES MANAGEMENT, LLC ( CRD # 283262/SEC#:802-107701 ) ADIT VENTURES MANAGEMENT, LLC, PSP VENTURES MANAGEMENT LLC. from 8 AM - 9 PM ET. AUSTIN, Texas, June 11, 2020 /PRNewswire/ -- Seasoned venture investor and software professional Jon Cholak has joined Adit Ventures, a leading, family-office owned, venture capital investment firm, as Managing Director, Portfolio Manager. Mr. Lazear was Co-Head of the Capital Advisory Group's ESG working group where he worked with managers and investors on best practices with respect to ESG as well as implementing an ESG framework into the investment and operational process. Founded in 2018 and headquartered in Cincinnati, Ohio, GRIID has secured one of the largest and lowest-cost power pipelines in the industry with a focus on carbon-free generation partners. Filmed at key heritage sites all across Hong Kong, including Tai Kwun, Tang Tsing Lok Ancestral Hall and Kowloon Walled City Park, this documentary showcases Hong Kong's multicultural history. Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. -Will the business make a difference by adding value for its customers, it's employees and the community it serves, as well as its shareholders? Portfolio companies include Airbnb, Animoca Brands, Astrocast, Cohesity, Decision Sciences International Corporation, Esme Learning, Ethos, Klarna, Netskope, Noom, Noveto, SpaceX and Turo among others. of the proposed transaction. The current bridge investment is made as part of the company's Series A fundraising to be further led by Adit Ventures to raise an additional $20 Million by year-end. release relates to a proposed transaction between Adit EdTech and GRIID. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. Active, Closed, This describes the type of investor this organization is (e.g. Please visit www.aditventures.com for further information. Adits ability to source and offer these exclusive opportunities to the firms investor-partners stems from the global network of relationships the team has developed over their 150+ years of combined investment experience. This adviser FILES REPORT(S) as an Exempt Reporting Adviser with the jurisdiction(s) listed below. Get updates from our experts, browse stock updates, and explore emerging trends that are shaping the market. Adit invests via a global network of relationships cultivated over their 120 years of principal investing experience. public bitcoin miners at the lowest cost of scaled production. Genesis will focus primarily on early-stage software companies with an emphasis on selecting proven founders and market-ready technologies in industries poised for meaningful growth. Troutman Pepper Hamilton -Is there a good management team, with depth and experience in meeting challenges, competitivethreats and executing its goals? NEW YORK, July 22, 2021 /PRNewswire/ --Eric Lazear joined Adit Ventures as Chief Operating Officer and a member of the Management Committee, as well as a member of Adit's Valuation Committee. transaction, and identify and realize additional opportunities. -Revenue growth rate drives future valuation, so is a key element to Adit.-Margins and cash flows are vital to an enterprise's success, and drive valuation.-Scalability of business across various markets is a big factor in the valuation of any business. Please visit www.aditventures.com for further information. Adit Ventures is a family-office owned Venture Capital Investment advisor with 9 professionals, identifying companies with strong business fundamentals, investing alongside long-term secular themes, such as AI/ML, Big data, Cloud, Cybersecurity, Defense, Digital Healthcare, Fintech, IoT, focused on companies driving today's market and tomorrow's economy, Current sectors of interest include AI & Machine Learning, Big Data, Cybersecurity, Defense, Educational Technology, FinTech, Health Tech, IoT, Life Sciences, Media, Shared Economy and Space. Current sectors of interest include AI & Big Data, Cloud, Critical Infrastructure, EdTech, FinTech, IoT, Shared Economy, Health, Wellness, & Leisure. These forward looking statements speak only as of the date of from 8 AM - 9 PM ET. The suit, which concerns the buying of Airbnb shares . With its unique Join to view profile Adit Ventures, LLC. Operations sections of Adit EdTechs Annual Report on Form 10-K for the year ended December31, 2020, and other filings made with the SEC and that are available on the SECs website at The investment follows Noveto's successfulKickstarter pre-sales campaign in February 2021, with backers from across the world pledging over $225k within only two weeks. BROOKLYN, N.Y.--(BUSINESS WIRE)--Adit Ventures, a global venture capital firm with over $400 million in AUM, has agreed to seed Aanika Re, a Bermuda-based insurance vehicle wholly owned by Aanika . employees/investors seeking liquidity. Abortion Pill Lawsuit Won't Get a Fair . Michael Block, a well-known market strategist and corporate advisor, has joined Adit Ventures, a New York late stage venture capital investment firm focused on companies driving today's market and tomorrow's economy, as Special Advisor. The merger between GRIID and Adit EdTech Acquisition Corp. (ADEX) represents a pro forma combined For investor inquiries regarding Adit EdTech and affiliates, please contact: For inquiries regarding GRIID, The proposed transaction is expected to close in the first quarter of 2022, subject to customary closing conditions, including the receipt of regulatory approvals and approval of Adit EdTechs Portfolio companies include Airbnb, Animoca Brands, Astrocast, Cohesity, Decision Sciences International Corporation, Esme Learning, Ethos, Klarna, Netskope, Noom, Noveto, SpaceX and Turo among others. NEW YORK, March 30, 2021 /PRNewswire/ -- Adit Ventures is proud to announce its latest offering, Adit Genesis I, LP led by Managing Director Jon Cholak. The foregoing list of factors is not exhaustive. will be provided in a Current Report on Form 8-K to be filed by Adit EdTech today with the U.S. Securities and Exchange Commission (the SEC) and will be available at www.sec.gov. See how ADIT Ventures can give you access to your own late-stage investments, with potentially less risk than many early-stage start-up investments. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. The actual results or developments anticipated may not be realized or, even if These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future Current sectors of interest include AI & Big Data, Cloud, Critical Infrastructure, EdTech, FinTech, IoT, Shared Economy, Health, Wellness, & Leisure. transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Adit EdTech, GRIID or the combined company, nor shall there be any sale of any such securities in any state or jurisdiction in which such -Is there a good management team, with depth and experience in meeting challenges, competitivethreats and executing its goals? Current sectors of interest include AI & Machine Learning, Big Data, Cybersecurity, Defense, Educational Technology, FinTech, Health Tech, IoT, Life Sciences, Media, Shared Economy and Space. Here's a list of some of the top trending technologies and APIs used by Adit Ventures. Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. Qualitative: -Is it a good business model, in a good sector with long term secular tends driving it? internal and wireless security testing and assessment. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. See how Adit Ventures can give you access to your own late-stage investments, with potentially less risk than many early-stage start-up investments. The insurance industry is nothing new to Aanika, CEO Vishaal Bhuyan co-authored 3 books with FT Press and Wiley, on the use of insurance to address issues such as over-fishing, under-funded pensions and water scarcity. Securities Act. Adit Ventures is an employee-owned investment firm with offices in California, Florida and New York. nce. Create a portfolio thats built for the future, with investments focused on cultural and technological trends that have the potential to define the next financial generation. Portfolio companies include Airbnb, Cohesity, Decision Sciences, ESME Learning, Flexport, Klarna, Netskope, Palantir, SpaceX and Turo among others. Adit Ventures is a family-office owned Venture Capital Investment advisor with 9 professionals, identifying companies with strong business fundamentals, investing alongside long-term secular themes, such as AI/ML, Big data, Cloud, Cybersecurity, Defense, Digital Healthcare, Fintech, IoT, focused on companies driving today's market and tomorrow's SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. In making investment decisions, Adit seeks to capitalize on long-term secular trends and themes in the global economy where we see dynamic areas of growth. from New York University and an MBA from The University of Texas at Austin. Not only does Adit believe these sectors provide the best opportunity for capital appreciation, but also that they enable the firm to make a positive impact on the world by advancing innovation and improving quality of life. This press Portfolio companies include Airbnb, Cohesity, Decision Sciences International Corporation, Flexport, Klarna, Palantir, SpaceX and Turo among others. -Will the business make a difference by adding value for its customers, it's employees and the community it serves, as well as its shareholders? statements in this press release, including but not limited to: (i)the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of Adit EdTechs securities, (ii)the risk that Mr. Lazear has also held various operational risk due diligence and consulting positions with FQS (Family Office) and Duff & Phelps where he established the operational risk due diligence practice. Additional Information and Where to Find It. Principal Place of Business and Contact Information 3. Overnight on Wall Street is morning in Europe. An "Adit" is an entrance to a mine and serves as an anagram for the firm's services, since . Please visit www.aditventures.com for further information. BROOKLYN, N.Y.--(BUSINESS WIRE)--Adit Ventures, a global venture capital firm with over $400 million in AUM, has agreed to seed Aanika Re, a Bermuda-based insurance vehicle wholly owned by Aanika Biosciences, inc. Aanika Res mandate is to leverage the microbial tagging technology developed by Aanika Biosciences, as well as a broader swath of biological innovations, to prevent, identify and mitigate various risks in the food and agricultural industries. Markets are changing, and investments are too. Adit EdTech intends to file a proxy statement with the SEC. This allows the firm to capture more value by pushing investment entry before inflection points of growth and enhances the firms visibility and breadth of deal flow across the venture landscape. GRIIDs existing management team, led by President and No one in the trillion dollar insurance market is looking at biology as a source of data commented, Vishaal Bhuyan co-founder and CEO of Aanika Biosciences. Eric L Munson is CIO/Co-Founder at Adit Ventures LLC. Adit's investment objective is 3x return of capital within a 3-5-year time frame. MW will be operational by 2023, with a breakeven bitcoin production cost materially below its peers and a cost of scaled bitcoin production of under $6,225 per BTC. Aanika Biosciences is a Brooklyn based synthetic biology startup that uses microbes to improve food safety. Sanders LLP acted as legal advisor to GRIID. Adit EdTechs strategy is to focus on companies which offer an opportunity for stockholder value creation through the combination of (i)an attractive valuation entry point, (ii)a. clear plan to unlock incremental value through operational and/or strategic improvements and (iii)a clear path to bring the target company to the public market and implement best-in-class public company governance. We have carefully selected an exclusive list of market-leading businesses that are fueling high-performing portfolios and revolutionizing industries. -Does the business adhere to fundamental ESG principles with character and integrity in its practice? Adit is firmly committed to generating a healthy return on our invested capital in alignment with our investors, our goals, and our principles. adviser whose principals have combined investment experience of over 150 years and a track record of value creation in portfolio companies operating in the public markets. Prominent historians and conservation experts explain the architectural relevance of buildings ranging from houses of worship to former colonial outposts and tenements. Current sectors of interest include AI & Big Data, Cloud, Critical Infrastructure, EdTech, FinTech, IoT, Shared Economy, Health, Wellness, & Leisure. GRIIDs combination of a large Featuring a depth camera, AI-based built-in face tracking, voice recognition, advanced microphones, and sensors, the device enables a simple and intuitive personalized experience - a benchmark for the future of smart living. Said Eric Munson, Founder & CIO of Adit Ventures. Its CEO, David Shrier, has published multiple books about blockchain and fintech, created the global online fintech and blockchain CINCINNATI, OH AND NEW YORK, NY AI-based online learning platform adds to $7.5 million Series A investment round from January 2021, bringing total funding to $22.5 million. To learn more, visit griid.com. 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