View latest Form ADV filed. Mr. Block is known as an expert on macroeconomics, global markets, and alternative investments and advises a wide variety of global institutional clients and fiduciaries. Please visit www.aditventures.com for further information. Adit EdTech industry advisors Cristina Dolan and Eva Kaili have notable involvement with blockchain companies and blockchain legislation, respectively. Its business model focuses on purchasing shares from early-stage investors or employees seeking liquidity before the company has a liquidity event. 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. and commercial due diligence. 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. against Adit EdTech related to the merger agreement or the proposed transaction, (ix)the ability to maintain the listing of Adit EdTechs securities on a national securities exchange, (x)the price of Adit EdTechs securities, Adit seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. 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 Our Portfolio of Private Stocks | Adit Ventures OUR PORTFOLIO OF PRIVATE STOCKS CLICK ON THE COMPANIES IN OUR PORTFOLIO BELOW TO ACCESS OUR RESEARCH FOR EACH COMPANY! Additional Information and Where to Find It. 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 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. 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. Adit Ventures offers curated and professionally managed access to equity in Cision Distribution 888-776-0942 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. Mr. Block will be publishing various thought leadership pieces about the markets and investable themes for Adit and its investors in the coming months. 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. "Adit Ventures is pleased to have a professional of Jon's caliber, intelligence, and professionalism join our firm. Prior to this, Mr. Block spent over ten years in various leadership roles in trading, research, and strategy at various alternative investment firms including Sandell Asset Management and Magnetar Capital, and he began his career in Investment Banking at Donaldson, Lufkin & Jenrette. 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Aanika Biosciences is a Brooklyn based synthetic biology startup that uses microbes to improve food safety. proposed transaction disrupts current plans and operations of GRIID and potential difficulties in GRIID employee retention as a result of the transaction, (viii)the outcome of any legal proceedings that may be instituted against GRIID or 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 has invested in some of the world's leading companies with exits in GoPro, Spotify, Snap and Lyft. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Lincoln International LLC acted as financial advisor to Adit EdTech to provide a fairness opinion. (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. Adit Ventures is a late-stage venture capital firm with headquarters in NYC. Qualitative: -Is it a good business model, in a good sector with long term secular tends driving it? 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 seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. nce. GRIIDs combination of a large These forward looking statements speak only as of the date of 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 Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. Please visit www.aditventures.com for further information. This press 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. Noveto impressed us with its game-changing technology that can positively transform the quality of life in both consumer and work environments. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. Qualitative: -Is it a good business model, in a good sector with long term secular tends driving it? Mr. Cholak has held numerous board roles with his portfolio companies and has served as a speaker at numerous industry engagements and as a startup mentor at various accelerator programs. A family-owned firm with over a century of combined financial experience, were also a team of professionals committed to investments that create positive change. SEC by Adit EdTech through the website maintained by the SEC at www.sec.gov. -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? offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. SaaS, Android, Cloud Computing, Medical Device), Where the organization is headquartered (e.g. Portfolio companies include Airbnb, Cohesity, Decision Sciences International Corporation, Flexport, Klarna, Palantir, SpaceX and Turo among others. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Adit Ventures is a venture capital firm with offices in California, Florida, New York, Texas, and Utah. from 8 AM - 9 PM ET. Internet Explorer presents a security risk. vertically integrated bitcoin self-mining company that owns and operates a growing portfolio of energy infrastructure and bitcoin mining facilities across the United States. The merger between GRIID and Adit EdTech Acquisition Corp. (ADEX) represents a pro forma combined facilities across the United States. Metaverse on why hes placing a big Web3 bet against Mark Zuckerberg, Haystacks.AI Maintains Strong Momentum for 2022 With Additional Funding, Accelerated Growth, Fintech giants Stripe and Klarna partner on buy now, pay later as competition heats up, Animoca Brands raises $65M at $2.2B valuation from Ubisoft, Sequoia China, Dragonfly Capital, others, Podcast: Ryan Petersen on How Global Supply Chains Have Gotten Even Worse. Adit EdTechs CFO, When typing in this field, a list of search results will appear and be automatically updated as you type. Current sectors of interest include AI & Big Data, Cloud, Critical Infrastructure, EdTech, FinTech, IoT, Shared Economy, Health, Wellness, & Leisure. Adit Ventures uses a 10-step investment process incorporating its proprietary research on both quantitative and qualitative factors. Adit's investment objective is 3x return of capital within a 3-5-year time frame. Founded in 2014, Adit Ventures is a venture capital investment firm with over 1250 LPs, $400MM in AUM, five offices across the US, and exits in Airbnb, DocSend, GoPro, Lemonade, Palantir, SharesPost, SoFi, Snap, and Lyft. What We Do Who We Are Sell Your Options Team Adit has relationships cultivated over their 150 years of principal investing experience. Angel, Fund of Funds, Venture Capital), This describes the stage of investments made by this organization (e.g. University of Oxford - Said Business School . With an Adit late-stage venture capital fund, youre investing in tomorrows market. Adit Ventures commits a further $10 million, and . Sanders LLP acted as legal advisor to GRIID. Investment set to enable rapid company expansion and deliver a revolutionary listening device to the global market in Q4 2021. A proxy statement will be sent to all Adit EdTech company enterprise value of approximately $3.3billion. Please visit www.aditventures.com for additional information. See how our funds let you invest in dynamic, sustainable private businesses that strive to lead the way to a better and more productive world. Quantitative:-Valuation at entry is a critical discipline, as this is one thing we control. 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. A leading venture capital investment firm based in New York City. Portfolio companies include Airbnb, Cohesity, Decision Sciences, ESME Learning, Flexport, Klarna, Netskope, Palantir, SpaceX and Turo among others. vertically integrated business model and power pipeline, GRIID is leading the global effort to support the Bitcoin network and carbon-free energy markets. The landscape for markets and investments is constantly evolving. When typing in this field, a list of search results will appear and be automatically updated as you type. 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. this press release. 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. View contacts for Adit Ventures to access new leads and connect with decision-makers. Adit is currently positioned to invest across the entire company life cycle (Seed to Pre-IPO). Please visit www.aditventures.com for further information. Find your B2B customer within minutes using affordable, accurate contact data from Datanyze. These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future CEO Trey Kelly, will continue to lead the business. "Adit Ventures is proud to have an executive with Lazear's experience further build out Adit's operational and compliance depth. 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 . 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. He received a B.B.A in Finance and Marketing from Hofstra University and M.B.A in Finance from Baruch College's Zicklin School of Business. TEL-AVIV, Israel, June 10, 2021 /PRNewswire/ -- Noveto Systems, today announced the successful completion of a bridge of $10 Million from renowned technology investors Adit Ventures, a firm. 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 Contact:Julie Klugman[emailprotected]www.aditventures.com, Cision Distribution 888-776-0942 Bloomberg Surveillance: Early Edition with Francine Lacqua live from London, bringing insight on global markets and the top business stories of the day. Griid Infrastructure LLC (GRIID) is a profitable, vertically integrated bitcoin self-mining company 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. Said Eric Munson, Founder & CIO of Adit Ventures. private firms that the principals believe are driving todays market and shaping tomorrows economy. Follow View all 16 employees About us Founded in 2014, Adit Ventures is a venture capital investment firm with over 1000 LPs,. 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 The foregoing list of factors is not exhaustive. Principal Place of Business and Contact Information 3. 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. 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. 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. Mr. Cholak has deployed over $90M in early stage capital across 15+ companies, with multiple successful exits. 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 www.sec.gov. 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. This press release includes forward-looking statements, within the meaning of Section27A of the Securities Act of 1933, Mr. Cholak will also serve as a member of Adit's Investment, Research & Valuation Committees, as well as leading Adit Genesis, the early-stage research & technology investment platform within Adit. 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. (Podcast), Will Smoking-Monkey JPEGsClog UpBitcoins Blockchain? A family-owned firm with over a century of combined financial experience, Adit Ventures is a team of professionals committed to Team Adit has relationships cultivated over their 175 years of principal investing experie nce. Adit uses its proprietary ten-step investment process to identify high-value investment opportunities in dynamic and sustainable businesses. Its business model focuses on purchasing shares from early-stage investors or employees seeking liquidity before the. 20K followers 500+ connections. CIO & Founder at Adit Ventures, LLC New York, New York, United States. The actual results or developments anticipated may not be realized or, even if 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. 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 seeks to capitalize on long-term secular trends in the global economy where they see dynamic areas of growth. Eric Munson, Founder, and CEO, Adit Ventures, also joins the Noveto Board of Directors. 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