1345 Avenue ofthe Americas, FL 33New York, NY 10105, Video player - eric-munson-thumb - Click to play video, Car sharing startup Turo reveals revenue surge in IPO filing, Forge Global to Go Public in $2 Billion Merger with Motive Capital Corp, Car-sharing marketplace Turo confidentially files for U.S. IPO, Hong Kongs Mr. 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. 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. GRIIDs combination of a large The device prototype, capable of beaming pockets of sound outside the listener's ears without the need for speakers or headphones and with minimal disturbance to people nearby, firstdebuted in November 2020, receiving global media acclaim. GRIIDs existing management team, led by President and Please visit www.aditventures.com for future updates. What We Do Who We Are Sell Your Options differ materially from those projected in the forward-looking statements. 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. 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. Principal Place of Business and Contact Information 3. Before making any voting decision, investors and security holders of Adit EdTech are urged to read the proxy statement and all other relevant He continued: It is rare to find compelling technology coupled with a difficult to replicate market strategy, which is what I believe Aanika has here. Overnight on Wall Street is morning in Europe. Noveto impressed us with its game-changing technology that can positively transform the quality of life in both consumer and work environments. At Adit, we source privately held companies' shares exclusively from businesses that meet our high standards for corporate ethics, strong leadership, and environmental protection. We're introducing a third way using this groundbreaking technology. 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. Adit Ventures is a venture capital firm with offices in California, Florida, New York, Texas, and Utah. Adit uses its proprietary ten-step investment process to identify high-value investment opportunities in dynamic and sustainable businesses. A leading venture capital investment firm based in New York City. His 35 years of experience spans alternative asset management, corporate finance, mutual funds, private equity & venture capital having built, developed & managed 18 different funds, while raising assets in excess of $20b over the past 25 . Covington& Burling LLP acted as legal advisor to Adit EdTech. Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. Arthur D. Little LLC acted as advisor to Adit EdTech for technical We have carefully selected an exclusive list of market-leading businesses that are fueling high-performing portfolios and revolutionizing industries. Adit Ventures offers curated and professionally managed access to equity in private firms that the principals believe are driving today's . Adit's invested in some of the world's leading companies with exits in GoPro, Spotify, Snap and Lyft. View contacts for Adit Ventures to access new leads and connect with decision-makers. Mr. Lazear speaks at numerous global industry events on topics ranging from best practices, operational due diligence, and corporate governance. 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. Please visit www.aditventures.com for further information. Adit is currently positioned to invest across the entire company life cycle (Seed to Pre-IPO). Based in Cincinnati, Ohio, GRIID is a profitable, release relates to a proposed transaction between Adit EdTech and GRIID. Adit Ventures commits a further $10 million, and . Contact:Julie Klugman[emailprotected]www.aditventures.com, Cision Distribution 888-776-0942 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. Mr. Cholak has deployed over $90M in early stage capital across 15+ companies, with multiple successful exits. (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. We are really excited about Aanika and this opportunity, said Jon Cholak Partner and Co-Chief Investment Officer of Adit Ventures and Aanika board member. Jon will work with Adit in launching a new early stage venture platform, to complement existing Adit offerings. stockholders. 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. Please visit www.aditventures.com for additional information. At Adit Ventures, we offer curated and professionally managed access to equity in private firms that we believe are driving today's market and shaping tomorrow's economy. -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. 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. Learn how we can help you build a portfolio of private growth emerging market leaders. The nature and timing of company exits may be changing, but we believe this creates opportunities for investors to build their portfolios of potentially market-leading companies before they go public. View latest Form ADV filed. When typing in this field, a list of search results will appear and be automatically updated as you type. The suit, which concerns the buying of Airbnb shares . Assuming no redemptions, current GRIID equity holders will own approximately 90%, Adit EdTech public Adit has invested in some of the world's leading companies with exits in GoPro, Spotify, Snap and Lyft. from 8 AM - 9 PM ET. Additional Information and Where to Find It. Many factors could cause actual future events to differ materially from the forward-looking the board of managers of GRIID Holdco. 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. More information on how Adit is helping build a portfolio of private growth emerging market leaders can be found at www.AditVentures.com. which may be volatile due to a variety of factors, including changes in the competitive and regulated] industries in which Adit EdTech plans to operate or GRIID operates, variations in operating performance across competitors, changes in laws and Mr. Block will be publishing various thought leadership pieces about the markets and investable themes for Adit and its investors in the coming months. With the support of Adit, will deliver an entirely new type of sensory listening that will change the way people experience audio.". 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. Bloomberg Surveillance: Early Edition with Francine Lacqua live from London, bringing insight on global markets and the top business stories of the day. 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. During his career, Mr. Cholak has held various technology and investment positions at Bank of America, Deloitte Consulting, Intel, and USAA. special purpose acquisition company sponsored by an affiliate of Adit, formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The transaction is expected to provide approximately $246 million of cash at closing from Adit EdTechs trust account, after payment of Adit EdTechs transaction expenses and without giving effect to any redemptions by Adit EdTech public Adit Ventures headquarters are located in 1345 Avenue of the Americas Fl 33, New York, New York, 10105, United States, Adit Venturess main industries are: Finance, Venture Capital & Private Equity, Finance, Adit Ventures appears in search results as ADIT Ventures LLC, ADIT Ventures, ADIT Growth Equity Co - Invest LLC Series Esme. These forward looking statements speak only as of the date of Investors and security holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or that will be filed with the We refer you to the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Here's a list of some of the top trending technologies and APIs used by Adit Ventures. In this role, Mr. Block will work with the investment and client teams to continue to grow Adit's footprint in providing investment opportunities in market leading private companies to institutional and high net worth investors worldwide. A dit EdTech Acquisition, a blank check company formed by Adit Ventures targeting the education sector, raised $240 million by offering 24 million units at $10. GRIID, an American infrastructure company, is a vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of bitcoin mining 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. Additional information about the proposed transaction, including a copy of the agreement, an investor presentation, and plan of merger, transaction, and identify and realize additional opportunities. Genesis already has nine active portfolio companies and plans to grow the portfolio to 20-25 companies over the next three years. Quantitative: -Valuation at entry is a critical discipline, as . Angel, Fund of Funds, Venture Capital), General contact email for the organization. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. 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