Bitwise Industries Will Bring Tech Training to Greater Grand Crossing Paul Bubny on March 1, 2023 at 12:07 am – Robert Khodadadian

Fresno, CA-based Bitwise Industries, which offers technical training to underserved communities, has received an $80-million investment led by Kapor Center and Motley Fool with participation from the Growth Equity business within Goldman Sachs Asset Management and Citibank. The new funding will be used in part to expand Bitwise’s footprint to Chicago’s South Side. 

A 6,000-square-foot, South Chicago Avenue building will serve as a temporary home to Bitwise Industries’ local operation while a permanent space is finalized. The building, located in Chicago’s Greater Grand Crossing community, will operate in partnership with nearby Comer Education Campus. 

“This latest raise, led by a group of distinguished investors, acknowledges the role technology plays in driving economic impact in previously underserved communities, validates our model and makes it possible for us to roll out our proven approach into other parts of the country,” said Jake Soberal, Bitwise Industries co-CEO and co-founder.  

The post Bitwise Industries Will Bring Tech Training to Greater Grand Crossing appeared first on Connect CRE.

Fresno, CA-based Bitwise Industries, which offers technical training to underserved communities, has received an $80-million investment led by Kapor Center and Motley Fool with participation from the Growth Equity business within Goldman Sachs Asset Management and Citibank. The new funding will be used in part to expand Bitwise’s footprint to Chicago’s South Side.  A 6,000-square-foot, South Chicago …
The post Bitwise Industries Will Bring Tech Training to Greater Grand Crossing appeared first on Connect CRE.   

Robert Khodadadian has long had a simple philosophy about selling real estate. There are approximately a million buildings in the city, and the broker that gets to sell any one among the multitude that will hit the auctioning block at a given moment is, sometimes, simply the person who happens to pitch their services to the right seller.

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