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Our portfolio company, WHEELHOUSE/ LYRIC, raised 160 M$ in debt and equity. Airbnb led the equity financing, along with Tishman Speyer, RXR Realty, Obvious Ventures, NEA and Tusk Ventures. LYRIC is a hospitality platform for business travelers to select a hotel or an Airbnb. With this funding, the company hopes to expand its operations and go from its current 500 units to 1000 units, by the end of the year.
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