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Fintech giant Klarna raises $639M at a $45.6B valuation amid 'massive momentum' in the US – TechCrunch

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 billion. Rumors swirled in recent weeks that Klarna had raised more money at a valuation north of $40 billion. But the Swedish buy now, pay […]
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Fintech giant Klarna raises $639M at a $45.6B valuation amid 'massive momentum' in the US

Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 billion. Rumors swirled in recent weeks that Klarna had raised more money at a valuation north of $40 billion. The new valuation represents a 47.3% increase over Klarna’s post-money valuation of $31 billion in early March, when it raised $1 billion, and a 330% increase over its $10.6 billion valuation...
Eric Munson Yanni Pipilis Image Credits Los Gatos Based Softbank Investment Advisers Adit Ventures
Source: yahoo.com

Real Estate SPACs Scramble to Find Buying Opportunities

The outpour of capital deluging the SPAC space is stirring speculation about a potential tidal wave forming. WeWork is among the growing list of firms cashing in on the SPAC feeding frenzy. The company announced in late March that it had signed a merger agreement with BowX Acquisition Corp. The deal gives WeWork a welcome path to the public market after pulling plans for a traditional IPO in 2019. The SPAC merger is expected to help the coworking firm raise $1.3 billion that it will use...
Eric Munson David Sekera Vikram Devanga Adit Ventures Transactional Advisory Services At Cohnreznick Bowx Acquisition Corp

Spencer Torkelson on West Michigan Whitecaps' Opening Day roster

Spencer Torkelson on West Michigan Whitecaps’ Opening Day roster Updated Apr 29, 2021; Posted Apr 29, 2021 Detroit Tigers Spencer Torkelson plays in a spring training exhibition baseball game against the Pittsburgh Pirates at LECOM Park in Bradenton, Fla., Tuesday, March 2, 2021. (AP Photo/Gene J. PuskarAP Facebook Share The West Michigan Whitecaps offseason promotion to the Detroit Tigers’ high A affiliate brought expectations of more top prospects to Comstock Park this season. The move ...
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Source: mlive.com

Joe Bennett Joins Adit Ventures as Managing Director

Joe Bennett Joins Adit Ventures as Managing Director News provided by Share this article Share this article WASHINGTON, April 13, 2021 /PRNewswire/ -- Former investment banker and finance professional Joe Bennett has joined Adit Ventures, a leading, family-office owned, venture capital investment firm, as Managing Director, Portfolio Manager. Joe will lead Adits launch of its new innovative infrastructure investment platform to complement existing Adit offerings. Mr. Bennett will be based out o...
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Update: Sheffield Fatal Fire Accidental

  Investigators determined that a failure of the chimney and wood burning furnace caused the fire that took the lives of two residents. The Berkshire District Attorneys Office has identified the victims as 75-year-old James Boltrom and 66-year-old Dorene Boltrom.   "On behalf of our firefighters and the town of Sheffield, I offer our heartfelt condolences to the family and friends of the victims," Chief Ullrich said. "Were all neighbors in this small town."    The fire in the lo...
United States Great Barrington Davidj Ullrich Ericr Munson Dorene Boltrom Marshal Peterj Ostroskey

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