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. 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. He writes daily on global markets and is a frequent expert panelist on networks like CNBC, Fox Business, Fox News, CNN, and Bloomberg, and is cited frequently by publications and websites like CNNMoney.com, Barron's, the Wall Street Journal, and the Washington Post. Monitor your investments 24 hours a day, around the clock from around the globe. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. 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. events or outcomes such as believe, may, will, estimate, continue, anticipate, design, intend, expect, could, plan, Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. 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. 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. "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. 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. Adit Ventures Profile and History . The device is smart assistant compatible, seamlessly connecting to your smart home network. Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. Adit EdTech also will file other documents regarding the proposed transaction with the SEC. Quantitative: -Valuation at entry is a critical discipline,. 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.. 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. www.sec.gov. private firms that the principals believe are driving todays market and shaping tomorrows economy. 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. With an Adit late-stage venture capital fund, youre investing in tomorrows market. Team Adit has relationships cultivated over their 150 years of principal investing experience. of the proposed transaction. Upon completion of the proposed transaction. 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Contact:Julie Klugman[emailprotected]www.aditventures.com, Cision Distribution 888-776-0942 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 the combined company is expected to operate under the name GRIID Quantitative:-Valuation at entry is a critical discipline, as this is one thing we control. 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. Except as required by law, neither GRIID nor Adit EdTech undertakes any obligation, and specifically declines any obligation, to update or revise any forward-looking statements, whether as a result of new information, future 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. 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(ADEX) represents a pro forma combined Its business model focuses on purchasing shares from early-stage investors or employees seeking liquidity before the company has a liquidity event. Covington& Burling LLP acted as legal advisor to Adit EdTech. Noveto impressed us with its game-changing technology that can positively transform the quality of life in both consumer and work environments. "Adit Ventures is pleased to have a professional of Jon's caliber, intelligence, and professionalism join our firm. Troutman Pepper Hamilton this transaction., David Shrier, CEO of Adit EdTech, added, Carbon-free mining is the future of bitcoin. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. Team Adit has relationships cultivated over their 175 years of principal investing experience. 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. 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. transaction, and identify and realize additional opportunities. investments that create positive change. 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. Quantitative:-Valuation at entry is a critical discipline, as this is one thing we control. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. The . Mr. Cholak started his career at Deloitte Consulting where he managed large scale custom software development projects in the health and human services sector. GRIIDs existing management team, led by President and Additional Information and Where to Find It. 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. 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 . 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. To learn more, visit griid.com. Here's a list of some of the top trending technologies and APIs used by Adit Ventures. Noveto Closes $10M Million Bridge Led by GoPro and Palantir investor, Adit Ventures, to Further Lead $20M A Round Jun 10, 2021 Report incorrect company information Adit Ventures, LLC is a venture capital investment firm. 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. solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. When typing in this field, a list of search results will appear and be automatically updated as you type. Adit EdTech is a publicly listed Adit Ventures is a late-stage venture capital firm with headquarters in NYC. Adit Ventures is a late-stage venture capital firm with headquarters in NYC. Arthur D. Little LLC acted as advisor to Adit EdTech for technical This follows previous fundraising rounds during which the company has generated close to $25 Million with the consistent support of the Brecht Jammer family office and SAIC Fund. 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. CIO & Founder at Adit Ventures, LLC New York, New York, United States. Such statements are not guarantees of future performance and actual results or developments may 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. 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 substantially realized, they may not have the expected consequences to or effects on GRIID, Adit EdTech or their respective businesses or operations. 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 Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. TEL-AVIV, Israel, June 10, 2021 /PRNewswire/ -- Noveto Systems, today announced the successful completion of a bridge of $10 Million from renowned technology investorsAdit Ventures, a firm that has invested in some of the world's leading disruptive companies, with exits in GoPro, Spotify, Palantir and Lyft. facilities across the United States. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. Additional information about the proposed transaction, including a copy of the agreement, an investor presentation, and plan of merger, Information regarding Adit EdTechs directors and executive officers is available in Adit EdTechs Annual Report on Form 10-K for the year ended December31, 2020 When typing in this field, a list of search results will appear and be automatically updated as you type. Of Adit EdTech also will file other documents regarding the proposed transaction with the.. 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