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Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

TechCrunch

This morning, investor and SPAC raconteur Chamath Palihapitiya announced two new blank-check deals involving Latch and Sunlight Financial. New York-based Latch sells “LatchOS,” a hardware and software system that works in buildings where access and amenities matter. Let’s find out.

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Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

TechCrunch

To continue its mission, the Miami-based trade finance company raised $7 million in seed funding and $75 million in a credit facility, led by Arcadia Funds LLC and Kayyak Ventures, to increase its credit line to $100 million. They started Marco in 2019 and now have offices in New York, Dallas and across Latin America.

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Tata Communications acquires The Switch Enterprises to gain strong foothold in US media, entertainment market

AsiaTechDaily

to acquire The Switch Enterprises LLC. New York-based The Switch is a leading global end-to-end live video production and transmission services provider with reach to top tier sporting venues in North America. Both are expected to help the industry evolve to the next level of at-venue and at-home fan engagement.

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NJ Small and Early-Stage Businesses Bolstered by NJEDA’s approving of Investment Fund Managers

American Entrepreneurship

The Federally established State Small Business Credit Initiative support investments into New Jersey companies Through the use of three unique investment strategies funded through the federal State Small Business Credit Initiative (SSBCI), the New Jersey Economic Development Agency (NJEDA) is supporting New Jersey small and early-stage businesses.

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26 Top Business Leaders Converge In New York at the Listening and Beyond Summit

Smart Hustle Magazine

26 of America’s top business minds converge in New York City for the Listening and Beyond Marketing and Mindset Summit. Dave Kerpen is a serial entrepreneur, New York Times best selling author, and global keynote speaker. The discussions will focus on the mindset and the marketing aspects of business.

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$175,000 Awarded By Barclays to Small Businesses

Smart Hustle Magazine

The Buffalo, New York, restaurant is known for its custom brand of signature hot dogs. The Owego Kitchen – Owego, New York ($15,000): Forced to lay off employees due to the pandemic, the owners turned The Owego Kitchen into a community hub, serving free meals to those hit hardest by the pandemic.

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Newsletter: Japanese fruit + 3D dentists + Sperm run

OurCrowd

The company is led by industry guru Avi Reichental, and co-investors include Saudi Aramco Energy Ventures LLC and New Kinpo Group. we’ve broken our records for England, Australia and Canada,” Angelo Allard, compliance supervisor of Seattle Sperm Bank told the New York Times. Learn more. The need has never been greater.

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