Ethos

Fintech Startup Setscale Launches to Help Small Businesses Fund Purchase Orders with a $9.5M Seed Round, Secures up to $70M in Debt Financing

Retrieved on: 
Thursday, May 4, 2023
Ethos, Daniel's, CPG, Silicon Valley Bank, Software as a service, Silicon, Climate, Partnership, Health, Fintech, Luigi, General counsel, Security (finance), Bank, Mantis, B2B

NEW YORK, May 4, 2023 /PRNewswire/ -- Setscale, a fintech startup revolutionizing purchase order financing for SMBs, today announced it has raised a $9.5M seed funding round, as well as secured up to $70M in debt.

Key Points: 
  • SMBs use Setscale independently or in partnership with existing capital to fund their inventory and purchase orders.
  • With this new endeavor, the Setscale team aims to mitigate this issue for SMBs by providing alternative financing options that enable them to scale.
  • Rather than relying on traditional and legacy institutions, SMBs can use Setscale independently or in partnership with existing capital to fund their inventory and purchase orders.
  • "Setscale's innovative approach to purchase order financing is exactly the type of B2B fintech Fin Capital is excited about, bringing scalability to businesses."

The Rohatyn Group Announces Investment in Kensta Group, East Africa’s Leading Paper Merchandiser and Supplier of Print and Digital Solutions

Retrieved on: 
Thursday, April 27, 2023
Other Manufacturing, Finance, Office Products, Packaging, Professional Services, Manufacturing, Forest Products, Asset Management, Retail, Natural Resources, Ethos, Printing, African, Literacy, Acquisition, Partner, TRG, Horn, Paper, Growth

The Rohatyn Group (“TRG”) a specialized global asset management firm focused on investment solutions in emerging markets and real assets, today announced an investment in Kensta Group (“Kensta”), an East African group operating in the region’s paper and print sectors.

Key Points: 
  • The Rohatyn Group (“TRG”) a specialized global asset management firm focused on investment solutions in emerging markets and real assets, today announced an investment in Kensta Group (“Kensta”), an East African group operating in the region’s paper and print sectors.
  • This investment took place prior to TRG’s acquisition of the business of Ethos Private Equity (“Ethos”), which closed on April 1, 2023.
  • The Kensta Group is a multi-generational family-owned business founded in the early 1960s and led by Priyesh Shah.
  • Kensta Group has a well-established track record of providing consistent and innovative products and solutions to the printing and packaging industry in East Africa.

Ethos Reserve Pledges Up To $4.4 Million To Accelerate Layer-2 DeFi Adoption On Optimism

Retrieved on: 
Thursday, April 27, 2023
Professional Services, Blockchain, Technology, Cryptocurrency, Software, Finance, Internet, Ethos, CDP, OP, Growth, OATH, L2, ERN, Decentralized finance, Optimism

Ethos Reserve is an OP-native, permissionless collateralized debt position (CDP)-backed stablecoin platform.

Key Points: 
  • Ethos Reserve is an OP-native, permissionless collateralized debt position (CDP)-backed stablecoin platform.
  • Users are able to use the platform to take out interest free loans denominated in $ERN (Ethos Reserve Notes), with each $ERN token representing $1 in collateral value.
  • “We’re excited to give Ethos Reserve a chance to bring new incentives to users in the Optimism ecosystem,” said Ben Jones, director at the Optimism Foundation.
  • Follow Ethos Reserve on Twitter for more updates as the incentives program rolls out.

Ethos Asset Management Inc., USA, Announces Deal with TruGolf, Inc., USA, the Leading Creator of Indoor Golf Software for Over 40 Years

Retrieved on: 
Wednesday, April 26, 2023
CONNECT, Ethos, Partnership, Access Software, Golf, Apex, Microsoft, SAN, E6, Physics, Growth, TGI, Video game, Apsis

SAN DIEGO, April 26, 2023 /PRNewswire/ -- ETHOS ASSET MANAGEMENT INC., USA, announced a new long-term financing partnership with TruGolf and has committed to providing significant capital infusion that will continue for several years.

Key Points: 
  • Access Software was co-founded in November 1982 by Chris Jones, the current chief executive officer of TruGolf.
  • In April 1999, Access Software was purchased by Microsoft Corp., for its expertise in golf software development.
  • SAN DIEGO, April 26, 2023 /PRNewswire/ -- ETHOS ASSET MANAGEMENT INC., USA , announced a new long-term financing partnership with TruGolf and has committed to providing significant capital infusion that will continue for several years.
  • The US is our largest market, and we are excited about this partnership in the sports software gaming sector.

The Legacy Lab Releases the Inaugural Legacy Makers 100

Retrieved on: 
Tuesday, April 25, 2023
Ethos, COVID-19, Legacy, LMI, Team One, McGraw Hill Education

The Legacy Lab team has developed a new metric–better tailored to usher in the new age of conscientious brand stewardship for both older, more established brands and those newer to their legacy making journey.”

Key Points: 
  • The Legacy Lab team has developed a new metric–better tailored to usher in the new age of conscientious brand stewardship for both older, more established brands and those newer to their legacy making journey.”
    In total, the LMI ranked hundreds of companies representing more than 50 distinct categories.
  • Nominations were made by the top business and communication schools in U.S. and evaluated by a sample of 10,000 adults in the United States.
  • The framework can be applied to evaluate any brand with an output that can be used to shape a brand’s future strategy.
  • “More than an old-fashioned map, we envision the new Legacy Makers Index becoming an invaluable instrument to help Modern Legacy Makers chart new courses to better futures.”
    For more information about The Legacy Makers 100, see here :

Hidden Compass Pathfinder Prize Offers $15,000 to Fund Grand Expedition

Retrieved on: 
Tuesday, April 25, 2023
Environment, Women, Publishing, Communications, Media, Consumer, Destinations, Science, Other Science, Travel, Ethos, Ethics, Journalism, System, Magazine, History, Exploration, Compass, Entertainment

Hidden Compass , a women-founded media company and modern exploration society, today announced the second annual Hidden Compass Pathfinder Prize, which offers $15,000 in funding for a team of creative modern explorers to embark on a journey of discovery and share their findings with the world.

Key Points: 
  • Hidden Compass , a women-founded media company and modern exploration society, today announced the second annual Hidden Compass Pathfinder Prize, which offers $15,000 in funding for a team of creative modern explorers to embark on a journey of discovery and share their findings with the world.
  • The Pathfinder Prize honors the tradition of exploration societies that funded grand expeditions in the past.
  • The winners of the 2023 Pathfinder Prize are currently on an expedition to Greenland.
  • Hidden Compass co-founders, Sivani Babu and Sabine K. Bergmann, will serve on the advisory panel, emphasizing their commitment to fostering creative exploration.

Ethos Asset Management Inc., USA, Announces Deal with CTR Foundation, USA, whose Initiative Supports Indigenous Peoples and Traditional Communities Under The NEW HOPE PROJECT of the Yawanawa Indigenous People, from the Amazon Brazil

Retrieved on: 
Thursday, April 20, 2023
Ethos, Knowledge, Partnership, Culture, HOPE, Quality of life, CTR, Amazon, Yaminawá, The Younger Generation, SAN, Learning, PFF, Mining

SAN DIEGO, April 20, 2023 /PRNewswire/ -- ETHOS ASSET MANAGEMENT INC USA, announced a new long-term financing partnership with CTR Foundation, to deliver The NEW HOPE PROJECT of the Yawanawa indigenous people, from the Amazon Brazil. Ethos has committed to providing significant capital infusion that will continue for several years.

Key Points: 
  • SAN DIEGO, April 20, 2023 /PRNewswire/ -- ETHOS ASSET MANAGEMENT INC USA , announced a new long-term financing partnership with CTR Foundation, to deliver The NEW HOPE PROJECT of the Yawanawa indigenous people, from the Amazon Brazil.
  • Ethos has committed to providing significant capital infusion that will continue for several years.
  • Carlos Santos, CEO of Ethos Asset Management Inc, stated,
    "We are delighted to be able to support CTR Foundation through our Philanthropic Financing Facility (PFF).
  • We are absolutely honoured to be supporting CTR and the NEW HOPE PROJECT of the Yawanawa indigenous people, from the Amazon Brazil.

Merchants Fleet Releases its 2022 Environmental, Social and Governance (ESG) Report

Retrieved on: 
Thursday, April 20, 2023
Ethos, Well, Acceleration, EV, Tree, Electricity, Social Security Government Pension Offset, EVS, Inflation, Merchant, People's Recreation Community, Community, ESG, Environment, Inflation Reduction Act of 2022, Social, Transport, Online shopping, Renewable energy

HOOKSETT, N.H., April 20, 2023 /PRNewswire/ -- Merchants Fleet, the nation's fastest-growing fleet management company, today announced the publication of its annual Environmental, Social and Governance (ESG) report outlining its 2022 ESG journey, performance, and initiatives.  

Key Points: 
  • Continuing its ESG Ethos, Doing Well by Doing Good, Merchants Has Positively Impacted the Planet, its People and Communities
    HOOKSETT, N.H., April 20, 2023 /PRNewswire/ -- Merchants Fleet , the nation's fastest-growing fleet management company, today announced the publication of its annual Environmental, Social and Governance (ESG) report outlining its 2022 ESG journey, performance, and initiatives.
  • "As a leading fleet management company, we have a responsibility to prioritize ESG initiatives that are paramount to our stakeholders and industry," said Merchants Chairman, CEO and President, Brendan P. Keegan.
  • As Merchants delivers on those commitments, 2023 is positioned to further accelerate innovation, catalyze the EV revolution and drive commercial fleet forward.
  • Supplier Diversity: Merchants spent more than $32 million with diverse suppliers in 2022, with nearly $100 million spent since 2019.

The Valiant Foundation Selects Team Rubicon and Warriors Ethos as Charitable Partners and Announces Second Annual Golf Tournament

Retrieved on: 
Thursday, April 13, 2023
Ethos, Volunteering, Organic, The Warrior Ethos, Veteran, Valiant, Organization, El Paso Golf Classic, Disaster, Spouse, Caregiver, Team Rubicon, Management

HERNDON, Va., April 13, 2023 (GLOBE NEWSWIRE) -- Valiant and The Valiant Foundation announced today the selection of Team Rubicon and Warriors Ethos as the Foundation’s core charitable partners.

Key Points: 
  • HERNDON, Va., April 13, 2023 (GLOBE NEWSWIRE) -- Valiant and The Valiant Foundation announced today the selection of Team Rubicon and Warriors Ethos as the Foundation’s core charitable partners.
  • Valiant is also excited to announce the second annual Valiant Charity Golf Classic , which will be held on Sept. 7, 2023, at Lansdowne Golf Resort in Leesburg, Va., and benefit these and other charitable organizations.
  • Team Rubicon is a veteran-led humanitarian organization that serves global communities before, during, and after disasters and crises.
  • The ultimate goal of Warriors Ethos is to ensure that every service member participating in the program achieves a successful job placement.

White Gold Corp. Further Outlines Two Large Copper-Molybdenum Porphyry Targets in Close Proximity to the Casino Copper-Gold Porphyry Deposit

Retrieved on: 
Wednesday, April 5, 2023
Ethos, YT, Zinc, Lead, Dawson Range, Soil, Moz, Silver standard, ICP-MS, Bureau Veritas, Bismuth, GPS, White Gold, BV, ISO 9001:2008, Kinross Gold, Attention, Geology, Anomaly, Fracture, ICP, White, Metal, Late Cretaceous, Molybdenum, FRA, Gold, ASD, Arsenic, Agnico Eagle, Code, AAS, RAB, Silver, Late Triassic, QA/QC, Mining, OTCQX, Yukon River, Copper, Rare-earth element, Snowcap, Bridget

Terry Brace, VP Exploration stated, “Our primary exploration focus is discovering new orogenic gold deposits in the White Gold District and growing our existing gold resources.

Key Points: 
  • Terry Brace, VP Exploration stated, “Our primary exploration focus is discovering new orogenic gold deposits in the White Gold District and growing our existing gold resources.
  • However, the Yukon is rich in various other metals which is also the case in our large land package.
  • The Hayes is a recently identified porphyry target and has seen only soil sampling and limited mapping and prospecting.
  • The recent investment in the Yukon, and in particular the White Gold District by numerous major mining companies further enhances our belief in the robust mineral potential.