Family Investment Office, Secondary Purchaser, Venture Capital, Early Stage Venture, Late Stage Venture, Secondary Market, Edit Lists Featuring This Company Section, East Coast Companies With Less Than $500M in Revenue (Top 10K), City of New York Companies With Less Than $1B in Revenue (Top 10K), Early Stage Venture Investors Family Investment Offices. Adit's investment objective is 3x return of capital within a 3-5-year time frame. Please visit www.aditventures.com for further information. Upon completion of the proposed transaction. Adit Ventures is an employee-owned investment firm with offices in California, Florida and New York. -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? the combined company is expected to operate under the name GRIID 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. substantially realized, they may not have the expected consequences to or effects on GRIID, Adit EdTech or their respective businesses or operations. Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. Adit seeks to capitalize on long-term secular trends in the global economy where we see dynamic growth, opportunities for long term capital appreciation and to make a positive impact on the world by improving quality of life, while generating a robust return on our invested capital in alignment with investors principles. Adit's investment objective is 3x return of capital within a 3-5-year time frame. New York, New York, United States 11-50 Family Investment Office, Secondary Purchaser, Venture Capital Early Stage Venture, Late Stage Venture, Secondary Market www.aditventures.com 6,552 Highlights Funds 3 Investments 24 Prior to joining Adit Ventures, Mr. Lazear was an Executive Director at J.P. Morgan, where he managed a team that worked with alternative funds, throughout their life cycle, providing advisory services to COOs, CFOs and General Partners specializing in due diligence, operational infrastructure, operational risk management, and policies and procedures. Portfolio companies include Airbnb, Astrocast, Cohesity, Decision Sciences International Corporation, Esme Learning, Klarna, Noom, Netskope, SpaceX and Turo among others. -Profitability: A clear path to profitability is essential to any investment. Adit's invested in some of the world's leading companies with exits in GoPro, Spotify, Snap and Lyft. Said Eric Munson, Founder & CIO of Adit Ventures. Adit buys both primary and secondary shares on behalf of investors from a global network of relationships cultivated over their 100 years of principal investing experience. An "Adit" is an entrance to a mine and serves as an anagram for the firm's services, since it provides Access, Diligence, Insight and works with Trusted partners across the United States and around the world. Cision Distribution 888-776-0942 "He adds both institutional caliber diligence experience & skills from the world's largest bank, as well as family office and boutique private equity knowledge"Munson added. He added traceability is at the heart of three main catalysts: 1) climate changes, which could lead to a significant rise in food safety issues 2) FDA rules on traceability which are coming into effect within 24 months and 3) ESG compliance for public companies.. stockholders. company enterprise value of approximately $3.3billion. (November 30, 2021) Griid Infrastructure LLC (together with GRIID Holdco (as defined below), GRIID or the Company), a vertically integrated, bitcoin self-mining company, and Adit EdTech Acquisition Corp. 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. Adit Ventures is a late-stage venture capital firm with headquarters in NYC. Company profile page for Adit Ventures LLC including stock price, company news, press releases, executives, board members, and contact information . He brings in-depth experience at Intel, management consulting experience plus a top-decile performance record to Adit's team of 8 professionals." Matthew D. Brown of Cooley has entered an appearance for Meno Holdings SPV LP and Adit Ventures LLC in a pending breach-of-contract lawsuit. Additional Information and Where to Find It. It is in these sectors Adit sees the best opportunities for long term capital appreciation and to make a positive impact on the world by improving quality of life, while generating a healthy return on our invested capital in alignment with their investors & principles. -Is there a good management team, with depth and experience in meeting challenges, competitivethreats and executing its goals? He will also chair the firm's Advisory Board which comprises a diverse group of experts providing thought leadership and counsel to Adit and its investors across a variety of areas and themes. this press release. 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 proposed transaction has been unanimously approved by the board of directors of Adit EdTech and John DAgostino, founded and leads the AIMA Digital Asset Working Group, is Chair of the of the UK Governments Department International Trades Asset Management Working Group, and is Fellow of the AIF Global Financial Contact:Julie Klugman[emailprotected]www.aditventures.com, Cision Distribution 888-776-0942 These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future Securities Act. NEW YORK, Dec. 12, 2019 /PRNewswire/ --Well known market strategist and advisor Michael Block has joined Adit Ventures, a leading late stage venture capital investment firm, as Special Advisor to work with the principals to grow the firm's market footprint and investment expertise. Here's a list of some of the top trending technologies and APIs used by Adit Ventures. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. 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 Managing Director - Co-Founder, Adit Genesis. With its unique Mr. Cholak started his career at Deloitte Consulting where he managed large scale custom software development projects in the health and human services sector. stockholders will own approximately 8% and Adit EdTechs sponsor will own approximately 2% of the outstanding shares of voting stock of the combined company at closing, respectively. 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. At Adit Ventures, we offer curated and professionally managed access to equity in private firms that we believe are driving todays market and shaping tomorrows economy. 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. Bloomberg Daybreak Europe, anchored live from London, tracks breaking news in Europe and around the world. Please visit www.aditventures.com for additional information. Qualitative: -Is it a good business model, in a good sector with long term secular tends driving it? (Podcast). Portfolio companies include Airbnb, Cohesity, Decision Sciences International Corporation, Flexport, Klarna, Palantir, SpaceX and Turo among others. 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. Adit uses its proprietary ten-step investment process to identify high-value investment opportunities in dynamic and sustainable businesses. 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. Issuer's Identity 2. Adit Ventures is a venture capital firm with offices in California, Florida, New York, Texas, and Utah. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. Such statements are not guarantees of future performance and actual results or developments may GRIID anticipates fiscal year 2023 revenue of $1.6billion. When typing in this field, a list of search results will appear and be automatically updated as you type. Adit invests for growth. "Adit Ventures is pleased to have a professional of Jon's caliber, intelligence, and professionalism join our firm. Internet Explorer presents a security risk. Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. -Does the business adhere to fundamental ESG principles with character and integrity in its practice? Adit Ventures is an investment 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. Adit Ventures is a family-office owned investment firm with offices in California, Florida, New York, Texas, Utah and Washington D.C. An "Adit" is an entrance to a mine and serves as an anagram for the firm's services, since it provides Access, Diligence, Insight and works with Trusted partners across the United States and around the world. Adit Ventures is an employee-owned investment firm with offices in California, Florida and New York. Quantitative:-Valuation at entry is a critical discipline, as this is one thing we control. -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. The device is smart assistant compatible, seamlessly connecting to your smart home network. -Profitability: A clear path to profitability is essential to any investment. offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. Related Persons Relationship: X Executive Officer Director Promoter Clarification of Response (if Necessary): Manager of Adit Growth Equity Co-Invest, LLC, a Delaware series limited liability company Relationship: X Executive Officer X Director X Promoter Mr. Lazear speaks at numerous global industry events on topics ranging from best practices, operational due diligence, and corporate governance. When typing in this field, a list of search results will appear and be automatically updated as you type. Adit EdTechs CFO, Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. An "Adit" is an entrance to a mine, serving as an acronym for Adit's services, providing Access, Diligence, Insight and works with Trusted partners across the United States and around the world. conditions to the consummation of the transaction, including the adoption of the merger agreement by the stockholders of Adit EdTech and the receipt of certain governmental and regulatory approvals, (iv)the lack of a third party valuation in Aanika Re being domiciled in Bermuda is the natural progression for Aanika since it was accepted into the Bermuda Monetary Authoritys innovation hub earlier this year. -Does it have a good capital base, board of directors/investors and well-regarded savvy Venture Sponsors? Adit has invested in some of the worlds leading companies with exits in Airbnb, Astrocast, Cytocom, DocSend, Forge, Lemonade, Lyft, Palantir, Riff Analytics, Robinhood, Snap, SoFi, Spotify and Welltok. Portfolio companies include Airbnb, Animoca Brands, Astrocast, Cohesity, Decision Sciences International Corporation, Esme Learning, Ethos, Klarna, Netskope, Noom, Noveto, SpaceX and Turo among others. 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. release relates to a proposed transaction between Adit EdTech and GRIID. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or Adit has invested in some of the world's leading companies with exits in Airbnb, DocSend, GoPro, Lemonade, Palantir, SharesPost, SoFi, Spotify, Snap and Lyft. Join to view profile Adit Ventures, LLC. Current sectors of interest include AI & Big Data, Cloud, Critical Infrastructure, EdTech, FinTech, IoT, Shared Economy, Health, Wellness, & Leisure. from 8 AM - 9 PM ET. Please visit www.aditventures.com for further information. GRIIDs existing management team, led by President and Adit Ventures Profile and History . Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. 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. -Does it have a good capital base, board of directors/investors and well-regarded savvy Venture Sponsors?-Does the business adhere to fundamental ESG principles with character and integrity in its practice? This adviser FILES REPORT(S) as an Exempt Reporting Adviser with the jurisdiction(s) listed below. (Podcast), Will Smoking-Monkey JPEGsClog UpBitcoins Blockchain? Contact: Julie Klugman www.aditventures.com, Cision Distribution 888-776-0942 Adit Ventures, LLC is a venture capital investment firm. 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. Investment set to enable rapid company expansion and deliver a revolutionary listening device to the global market in Q4 2021. redemptions of shares of Adit EdTech by its public stockholders and approximately $125million of debt outstanding as of the closing (which debt is drawn down under GRIIDs $525million secured credit facility with Blockchain.com). Along with opening a US office, the talent hires will help accelerate the delivery of Noveto's revolutionary first product. Griid Infrastructure LLC (GRIID) is a profitable, vertically integrated bitcoin self-mining company Abortion Pill Lawsuit Won't Get a Fair . Adit Ventures is an employee owned and operated asset management firm headquartered in New York. Adit Ventures commits a further $10 million, and . shall not constitute an offer to sell or a solicitation of an offer to buy the securities of GRIID, the combined company or Adit EdTech, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, 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. as amended (the Securities Act), and Section21E of the Securities Exchange Act of 1934, as amended. GRIID supports the growth of carbon-free energy generation by procuring low-cost energy to build, manage, and operate its portfolio of vertically integrated bitcoin mining facilities. 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