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

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

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/01/25/unpacking-chamath-palihapitiyas-spac-deals-for-latch-and-sunlight-financial/

This morning, investor and SPAC raconteur Chamath Palihapitiya announced two new blank-check deals involving Latch and Sunlight Financial.

Latch, an enterprise SaaS company that makes keyless entry systems, has raised $152 million in private capital, according to Crunchbase. Sunlight Financial, which offers point of sale financing for residential solar systems, has raised north of $700 million in venture capital, private equity and debt.