Native American Venture Fund

Formidium Announces the Release of Tax Allocations and Returns Module for Its Fund Accounting Software "Seamless™"

Retrieved on: 
Monday, August 28, 2023
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DOWNERS GROVE, Ill., Aug. 28, 2023 /PRNewswire/ -- Formidium, a global leader in providing fund technology and back-office solutions, has today announced the release of Tax Allocations Module for its fund accounting software "Seamless™".

Key Points: 
  • DOWNERS GROVE, Ill., Aug. 28, 2023 /PRNewswire/ -- Formidium, a global leader in providing fund technology and back-office solutions, has today announced the release of Tax Allocations Module for its fund accounting software "Seamless™".
  • We are thrilled to announce the Automation of US tax allocations module for investment funds and partnerships.
  • Tax allocations within an accounting system for a pooled investment fund ensure that all investor-level tax allocations are calculated efficiently and books vs tax adjustments are tracked and reconciled.
  • It ensures efficient, faster and accurate processing of tax returns, K-1s,1099s, and other tax schedules required for US tax returns for investment funds.

Wells Fargo Names Dawson Her Many Horses as Managing Director

Retrieved on: 
Monday, July 10, 2023
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Wells Fargo announced today that Dawson Her Many Horses, head of Native American Banking, has been named Managing Director.

Key Points: 
  • Wells Fargo announced today that Dawson Her Many Horses, head of Native American Banking, has been named Managing Director.
  • View the full release here: https://www.businesswire.com/news/home/20230710736661/en/
    Dawson Her Many Horses, Wells Fargo Managing Director and Head of Native American Banking.
  • He is a member of the Commercial Banking Diverse Segments team and co-chairs the Wells Fargo National Unbanked Advisory Task Force.
  • Wells Fargo Native American Banking is the leading provider of capital and financial services to the Native American and Alaska Native markets.

Burst Diagnostics closes seed round with Innosphere Ventures Fund and new strategic partner, Zymo Research, to launch a first-in-class diagnostic platform

Retrieved on: 
Thursday, March 9, 2023
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Burst Diagnostics will use the funds to expedite the translation of its first-in-class platform from a working prototype to a commercial system capable of disrupting the >$45B point-of-care diagnostics industry.

Key Points: 
  • Burst Diagnostics will use the funds to expedite the translation of its first-in-class platform from a working prototype to a commercial system capable of disrupting the >$45B point-of-care diagnostics industry.
  • Through a collaboration with Zymo Research, Burst Diagnostics has pushed its core technology even further, achieving sensitivity and multiplexing capabilities not yet reported for any antigen-based point-of-care tests on the market.
  • “Our mission at Burst Diagnostics is to bridge this sensitivity gap and bring more confidence to rapid, point-of-care and at-home tests,” said CEO, Dr. Henry.
  • Burst Diagnostic’s CEO, Dr. Henry is a leading subject matter expert in low-cost diagnostics and has been published over 220 times.

TEDCO's Venture Funds Invests Nearly $1M in Warrior Centric Health

Retrieved on: 
Monday, December 19, 2022
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COLUMBIA, Md., Dec. 19, 2022 /PRNewswire/ -- TEDCO, Maryland's economic engine for technology companies, is pleased to announce its Venture Funds invested nearly $1M in Warrior Centric Health (WCH), an organization that enables healthcare facilities and providers to deliver optimal care to 75 million veterans, active service members, and their families. TEDCO's evergreen Venture Funds are dedicated to funding and growing the next generation of early-stage businesses in Maryland.

Key Points: 
  • TEDCO, Maryland's economic engine for tech and life science startups, invested nearly $1M in Warrior Centric Health.
  • "TEDCO is proud to support Warrior Centric Health in their mission to enable health equity for those who have served," said Troy LeMaile-Stovall , TEDCO CEO.
  • "Warrior Centric Health's Solution Suite is creating an answer to a real problem, one where the Warrior Community faces a unique set of chronic health issues that too often go untreated," said Katherine Hill Richie , senior director of Venture Funds, TEDCO.
  • Warrior Centric Health (WCH)® provides hospitals and health systems with a groundbreaking digital platform that enables them to deliver comprehensive, best-practice population health management to the vast Warrior Community.

Walden Local Meat Co. Names Nancy Pak as New Chief Executive Officer

Retrieved on: 
Tuesday, October 18, 2022
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TEWKSBURY, Mass., Oct. 18, 2022 /PRNewswire/ -- Walden Local Meat Co., a community-based, direct-to-consumer share program that hand-delivers high quality meat to members' doorsteps across the Northeast, announced today that Nancy Pak has been named as its new Chief Executive Officer, effective October 17, 2022. The announcement culminates an extensive search to find someone that demonstrated leadership experience scaling mission-driven brands without sacrificing their core purpose.

Key Points: 
  • Veteran Food and Naturals Industry Executive to Lead Walden Local Meat Co.
    TEWKSBURY, Mass., Oct. 18, 2022 /PRNewswire/ -- Walden Local Meat Co. , a community-based, direct-to-consumer share program that hand-delivers high quality meat to members' doorsteps across the Northeast, announced today that Nancy Pak has been named as its new Chief Executive Officer, effective October 17, 2022.
  • Walden Local Meat Co. currently serves more than 30,000 member families and partners with nearly 100 local farms.
  • ABOUT WALDEN LOCAL MEAT CO.
    Walden Local Meat Co. is a community-based, direct-to-consumer share program that hand-delivers high quality meat to members' doorsteps from farms across the Northeast.
  • To learn more about Walden Local Meat Co., visit waldenlocalmeat.com .

MamaMancini’s Appoints Respected Food Industry Executive Adam L. Michaels as Chief Executive Officer

Retrieved on: 
Thursday, June 23, 2022
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EAST RUTHERFORD, NJ, June 23, 2022 (GLOBE NEWSWIRE) -- MamaMancini's Holdings, Inc. (NASDAQ: MMMB), a marketer and distributor of specialty pre-prepared all-natural foods, today announced that respected food industry executive Adam L. Michaels has been appointed as Chief Executive Officer and as member of the Board of Directors of MamaMancini's, effective September 6, 2022. At that time, Carl Wolf will retire from his position as CEO and will continue to serve as Chairman of the Board of Directors.

Key Points: 
  • Adam Michaels is an experienced food industry executive and former management consultant with broad experience transforming consumer-focused companies.
  • Previously, Adam served with Mondelez International, a multinational food and beverage company with operations in over 150 countries.
  • Before joining Mondelez, Adam was a Principal at Booz & Company, a management consulting firm, for seven years where he specialized in the Food & Beverage sector.
  • Adam Michaels added: I was drawn to MamaMancinis origin story, its high-quality, great-tasting products, and its strong retail customer relationships.

Nationally Recognized Ophthalmologist Ehsan Sadri, M.D. FACS and Industry Veteran Tom Mitro Appointed to Visiox's Board of Directors

Retrieved on: 
Tuesday, June 7, 2022
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TARRYTOWN, N.Y., June 7, 2022 /PRNewswire/ -- Visiox Pharma, LLC., a privately funded biopharmaceutical company focused on the development and commercialization of ophthalmic therapeutic candidates to address highly prevalent diseases in need of new treatment options, today announced that it has appointed two new executives, Ehsan Sadri, M.D. FACS and Tom Mitro to its Board of Directors.

Key Points: 
  • FACS and Tom Mitro to its Board of Directors.
  • "We are very pleased to have Dr. Sadri and Mr. Mitro join our Board of Directors," said Michael Derby, Visiox's Founding Investor and Executive Chairman.
  • Tom Mitro brings over 3 decades of experience with his most recent position as President and COO of Aerie Pharmaceuticals, an ophthalmology focused pharmaceutical company.
  • "On behalf of the entire board of directors and executive team, we welcome Dr. Sadri and Mr. Mitro," said Ryan S. Bleeks, CEO.

BlueOne Card Inc. Announces Receipt of a Two Million Dollar Purchase Order from Agency Tribal Nations Federal Land Management of Mendocino Indian Reservation

Retrieved on: 
Monday, March 7, 2022
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LOS ANGELES, March 07, 2022 (GLOBE NEWSWIRE) -- BlueOne Card, Inc. (BlueOne Card, Company) (OTC Pink: BCRD), announces receipt of a new purchase order from Agency Tribal Nations Federal Land Management of Mendocino Indian Reservation for 100,000 BlueOne Prepaid MasterCards.

Key Points: 
  • LOS ANGELES, March 07, 2022 (GLOBE NEWSWIRE) -- BlueOne Card, Inc. (BlueOne Card, Company) (OTC Pink: BCRD), announces receipt of a new purchase order from Agency Tribal Nations Federal Land Management of Mendocino Indian Reservation for 100,000 BlueOne Prepaid MasterCards.
  • Agency Tribal Nations has indicated an intent to purchase an additional 200,000 prepaid MasterCards raising their total to 300,000 BlueOne Prepaid MasterCards.
  • The BlueOne Card is a Prepaid MasterCard issued by Axiom Bank, N.A., Member FDIC, pursuant to a license from MasterCard.
  • The BlueOne Card is accepted by over 30 million merchants and at over 1 million ATM machines worldwide, or wherever MasterCard is accepted.

Riverstone Holdings Forms Strategic Partnership with Blackhorn Ventures to Accelerate and Enhance Decarbonization Opportunities

Retrieved on: 
Wednesday, February 16, 2022
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The partnership includes an investment by Riverstone in Blackhorn.

Key Points: 
  • The partnership includes an investment by Riverstone in Blackhorn.
  • The Riverstone-Blackhorn partnership will enhance access to deal flow and facilitate the sharing of complementary strengths to more efficiently deploy capital into high-growth opportunities across the full investment lifecycle.
  • Pierre Lapeyre Jr, Co-Founder of Riverstone, said, "Riverstone and Blackhorn share the view that decarbonization in all its forms, combined with industrial innovation, will continue to develop at the heart of corporate decision making in the next decade.
  • According to Cambridge Associates' North American Venture Capital 2021 data, Blackhorn is included amongst top performing fund managers in the top quartile.

TEDCO Announces Katherine Hill Ritchie as the Senior Director of Venture Funds

Retrieved on: 
Monday, February 7, 2022
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COLUMBIA, Md., Feb. 7, 2022 /PRNewswire/ -- TEDCO , Maryland's economic engine for technology companies, announced todaythe selection of Katherine Hill Ritchie as the senior director of Venture Funds .

Key Points: 
  • COLUMBIA, Md., Feb. 7, 2022 /PRNewswire/ -- TEDCO , Maryland's economic engine for technology companies, announced todaythe selection of Katherine Hill Ritchie as the senior director of Venture Funds .
  • Working alongside the TEDCO executive leadership team, Hill Ritchie will focus on helping Maryland entrepreneurs achieve success by building valuable companies that endure.
  • As senior director of TEDCO's Venture Funds, she will identify and partner with exceptional Maryland entrepreneurs for early-stage capital investments ranging from $500,000 to $2,000,000 per applicant.
  • TEDCO currently manages more than $110 million in Venture Fund assets, and as of 2021, the Funds have generated over 1,600 jobs and over $400 million in revenues.