Karlie Kloss Purchases I-D Magazine In Closed Transaction

ACQUISITION IMAGE: Karlie Kloss DATE: 11/15/2023 BUYER: Karlie Kloss SELLER: I-D Magazine SALE PRICE: $ NOTE: Model-turned-entrepreneur Karlie Kloss has acquired the British bi-monthly luxury fashion and culture publication, i-D Magazine, in a deal with VICE Media, the previous owner. As part of the agreement, Kloss, who has deep roots in the fashion industry, will serve as the CEO of the legacy title. Founded in 1980 by British art director Terry Jones, i-D Magazine has evolved from a gritty fanzine capturing English punk subculture to a global network. Kloss, who first appeared on the cover in 2011, previously led a group of investors to acquire W Magazine in 2020. The terms of the i-D Magazine deal, including any potential involvement from Kloss's husband's family, The Kushners, remain undisclosed, leaving the future direction of the publication under Kloss's leadership to be realized. #VentureCapital #KarlieKloss #IDMagazine #TradedVC

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Price.com And Grifin Collaborate To Connect Cashback And Investing For MembersPrice.com and Grifin have partnered to connect cashback with investing, allowing users to automatically invest the cashback they earn into stocks of the brands they already shop from. Under the partnership, Price.com Pro and Grifin members receive each other’s premium memberships at no additional cost (a value of over $100/year each). ✅ Unlimited cashback and savings at 100,000+ stores with Price.com ✅ Transfer your cashback into Grifin and invest in thousands of public companies starting with as little as $1 ✅ Enjoy additional exclusive member benefits and offers across both platforms Cashback earned through Price.com can be transferred into Grifin accounts and used to purchase stocks starting at $1, with users retaining full control over their investment choices. The collaboration aims to bridge saving and investing by turning everyday purchases into opportunities for stock ownership. FOUNDERS: Price.com: RJ Jain (Founder & CEO) Grifin: Aaron Froug & Bo Starr HQ: Price.com: Los Angeles, California Grifin: Tampa, Florida #Fintech #AI #Investing #Pricecom #TradedVC

Singularity Secures $80 Million Series A Funding At $400 Million ValuationSingularity, a Los Angeles-based defense technology company, has launched with an $80 million Series A funding round at a $400 million valuation. The financing was led by Khosla Ventures and Felicis, with participation from AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, and several prominent leaders from industry, the military, and Congress. Led by Co-Founder and CEO Jack Oswald and COO Shail Giroux, Singularity is focused on deploying counter-weapons at the scale, speed, and cost required by modern defense needs. Its manufacturing team, which includes talent from Tesla and Toyota, is developing an automotive-inspired assembly line designed to rapidly scale production beyond that of comparable U.S. systems. FOUNDERS: Jack Oswald & Shail Giroux INVESTORS: Khosla Ventures, Felicis, AE Ventures, NEA, Long Journey, Harpoon, Menlo Ventures, Y Combinator, Decisive Point, New Vista, Sunflower, Soma, General (Ret.) James McConville, General Jim Dickinson, Major General (Ret.) Volodymyr Havrylov. ROUND: Series A AMOUNT: $80,000,000 VALUATION: $400,000,000 HQ: Los Angeles, California #VentureCapital #Singularity #JackOswald #ShailGiroux #TradedVC