What's new at ACME this month?
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A ROUNDUP OF THE LATEST NEWS FROM ACME AND OUR PORTFOLIO

Astra to become the first publicly traded space launch company on Nasdaq via merger with Holicity

Astra and special purpose acquisition company Holicity Inc. (NASDAQ: HOL) announced a definitive business combination agreement. The transaction reflects an implied pro-forma enterprise value for Astra of approximately $2.1 billion. 

 

"This transaction takes us a step closer to our mission of improving life on Earth from space by fully funding our plan to provide daily access to low Earth orbit from anywhere on the planet," - Chris Kemp, Founder, Chairman and CEO, Astra. CNBC 


"I have long believed space provides an unmatched opportunity to benefit and enrich society. Astra’s space platform will further improve our communications, help us protect our planet, and unleash entrepreneurs to launch a new generation of services to enhance our lives,"- Craig McCaw, Chairman and CEO, Holicity. Astra

Following exponential growth in 2020, Savage x Fenty prepares to launch an athletic line and expand into retail

Savage x Fenty has achieved another major milestone, raising $115 million in a Series B funding round, at a $1 billion valuation. With revenue growth of more than 200% last year, Savage x Fenty also increased its active VIP member base by more than 150%.
 
"Rihanna’s brand has proven that diversity and inclusion in sizing, access, and marketing can lead to an even greater goal, equity in feeling sexy." Forbes

ACME is excited to announce our investment in Slync, an intelligent process automation platform that is transforming the way shippers, logistics service providers, and carriers manage complex operational issues and multi-enterprise data across disparate systems and global supply chains. Slync.io

ACME is proud to announce our investment in Solo Funds, a new peer-to-peer lending platform that provides a powerful alternative to predatory lending.

 

"I can’t think of another company solution that solves aspects for every constituent: for the lender to lend on his or her own terms, and for the borrower to set the loan,” - Brian Yee, Partner, ACME Capital. Crunchbase

An independent clinical study conducted by Mayo Clinic Laboratories found Cue's molecular point-of-care COVID-19 test to be 97.8% in concordance with reference laboratory tests. PRnewswire

Internationally recognized oral healthcare expert, Maha Yakob Ph.D., has joined the quip team as the company prepares to scale their professional services platform. BusinessWire
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Food for Thought
THINGS THAT MAKE US THINK, MATTERS OF DEBATE, EXISTENTIAL INSPIRATION
"How choreography can help robots come alive" Wired

"A new epoch for retail investors is just beginning" The Economist

"Why clean energy’s future may depend on molten salt, trains, and cranes" Fortune
 
"These two technologies could supercharge our privacy on the internet" FastCompany
 
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Just For Fun 
OUR ALL TIME FAVORITE ROMANCE & ROM-COM FILMS 
Crazy Rich Asians
 Before Sunset (The Before Trilogy)
Love Actually
The Princess Bride
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