TechBloomberg1h ago

Palmer Luckey's Erebor Bank is in talks

Sources: Palmer Luckey's Erebor Bank is in talks to raise money at an $8B+ valuation, up from $4.35B in 2025; its deposits are up from $1.1B in March to $4.05B

Erebor Bank is in talks to raise money at a valuation of at least $8 billion, as deposits grow rapidly at the politically connected startup …

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Source: Bloomberg · Opens in new tab