Impressive Technologies Fund I, a Capable Chance Zone Fund Launches and is Seeking Accredited Buyers for Know-how and Actual Estate Investment decision
The Fund is searching for a $10,000,000 Collection A Spherical.
SAN JOSE, Calif., May well 25, 2021 /PRNewswire-PRWeb/ — Revolutionary Engineering Fund I, a Competent Option Zone Fund launches and is in search of accredited buyers for Technology and Serious Estate financial investment. The Fund is seeking a $10,000,000 Series A round. Co-Basic Partner’s Dr. Mohan Ananda and Madan Menon will commit proceeds of the fund to really encourage and develop up Option Zone Technological innovation businesses and Serious Estate that are located in Possibility Zones that focus on large-tech industries.
Innovative Technological innovation Fund is backed by seasoned startup and engineering executives who have crafted and taken public numerous organizations. We are in search of Technologies corporations supplying exponential returns on investments that are made. The founders of the fund are driving numerous publicly traded businesses and have the expertise to establish and increase investments in the engineering place. The thesis of the fund is to detect, commit and nurture engineering businesses in the purchaser tech, AI, and business know-how industries. The Fund’s mission is to continuously develop the benefit of the fund.
Modern Engineering Fund I Prospect Zone Financial commitment Targets
Frientap Inc.
With ecommerce – the times of walking and browsing with your pals at the mall are far and couple of in-involving.
Frientap is constructing out innovative and patented technologies in the purchaser tech space. In present-day on-line browsing environment, buyers are overcome with the choices that are created accessible, the same products can be ordered from various spots at distinct rates. When you check out and read through assessments, you are not confident if these testimonials have been paid out for or are genuine and lastly, if you come across an awesome hidden gem of a solution, how do you get your pals to invest in it? All these 3 kind the underlying thesis of Frientap.
Frientap permits you to critique, respond and transact on goods that you really like. This offers your mates the means to give you put up invest in validation as properly as make new channels of revenue for your favorite suppliers and products. Frientap is placing “Social” back into commerce.
SecondOpinionExpert Inc.
Healthcare treatment method options, as well as diagnoses them selves, often differ depending on the health practitioner. More, misdiagnoses can final result in needless solutions and even lifestyle-altering results. Scientists have found that diagnostic mistakes account for virtually 29% of all health care insurance plan statements. 2nd Feeling Qualified gives distinctive, 1-on-one particular, on-line, qualified diagnostic evaluations to clients across the United States. Next Opinion Expert’s competent panel is comprised of hundreds of Health practitioner Professionals with exemplary tutorial qualifications as well as significant affected person care encounter in all major diagnostic specialties and subspecialties. No for a longer period do sufferers in search of a trusted 2nd clinical advisory viewpoint have to have to journey, disrupt their lives, or depend on medical professionals whose competence they could query.
Intelligent IOPS
Most SSD vendors transpire to also be Flash suppliers and at the end of the day, they want to market additional NAND. Not like our rivals, Good IOPS wishes to support you clear up a broad variety of storage overall performance problems.
For Higher-Performance Computing and the most demanding datacenter apps, 50 % Height Fifty percent Duration add-in playing cards are the best form component. Directly plugged into the motherboard PCIe slot, Information Motor NVMe SSDs are backwards suitable, provide the highest overall performance per sq. inch and can be deployed in just about any server.
Certified Prospect Zones
The Tax Cuts and Jobs Act of 2017 developed Capable Chance Zones (“QOZs”) to give possibly substantial tax positive aspects to buyers who re-devote cash gains into prolonged-expression investments into communities selected for financial improvement. There are about 8,500 QOZs throughout all US states, Washington DC, and Puerto Rico. They offer buyers the ability to positively effects communities struggling to entice cash to make sustainable economic possibility for their communities.
QOZF Positive aspects to the Taxpayer/Investor
Taxpayers may well defer shelling out tax on cash gains, if this sort of money gains are invested in a QOF, inside 180 times from the achieve. The deferral period ends the earlier of when the taxpayer sells its interest in the QOF or December 20, 2026.Investments held for 5 yrs prior to December 31, 2026 will also qualify for a 10% increase in the tax-payer’s tax foundation of the volume of the deferred gain. Any taxpayer that holds its investment for a minimum of 10 many years, can attain no capital acquire tax on the appreciation of its financial commitment. Qualified Option Zone Resources supply buyers with a one of a kind tax-gain Option Zone investments.
General Associates
Dr. Mohan Ananda – Chief Executive Officer
Dr. Ananda was the founding Chairman, CEO, and President of Stamps.com (NASDAQ: STMP) and serves on its Board. Stamps.com is the leading company of Internet-primarily based mailing and shipping and delivery remedies and makes use of engineering made by Dr. Ananda and protected by a selection of US patents. Dr. Ananda was instrumental in boosting in surplus of $450 million of capital for the corporation by private and general public offerings.
Dr. Ananda was also the founder and director of a European-based Enterprise Capital Organization, JAB Holdings Limited. Its capital was raised via a general public presenting in the Aim of the London Stock Trade in the United Kingdom. Dr. Ananda was also a founder of Envestnet (NYSE: ENV), which is a major provider of methods to economic advisors and establishments. Dr. Ananda has served as a Director on Envestnet’s Board for a selection of yrs. He is also the Chairman and CEO of Ananda Enterprises, Inc. a California Corporation that delivers know-how and management consulting expert services.
Dr. Ananda has been a partner in the law business of Ananda & Krause, due to the fact 1986. Dr. Ananda acquired his B.S. diploma with Honors in Mechanical Engineering from Coimbatore Institute of Engineering, Coimbatore, India. He received his MS diploma in Aeronautics from California Institute of Technological know-how, Pasadena, California. He also obtained a Ph.D. from the College of California at Los Angeles in Astro-dynamics and Handle. He also acquired his law diploma, J.D. from the University of West Los Angeles and has been a member of the California Bar since 1986.
Dr. Ananda has also labored for Jet Propulsion Laboratory, a NASA center, and for the Aerospace Corporation, a consider tank for the US Air Pressure. Dr. Ananda was a major architect for the enhancement of the Worldwide Positioning Program (GPS) for the U.S. Division of Defense. Dr. Ananda is also the Chairman and CEO of Ananda Basis, Inc., a charitable organization.
Education
California Institute of Know-how (Caltech), M.S., Aeronautics, Jan-1967 – Jan-1968
College of California at Los Angeles (UCLA) PhD, Astro-Dynamics and Command Sep-1969 – Jan-1973
Coimbatore Institute of Technological know-how B.S. with Honors, Mechanical Engineering Jun-1962 -Mar-1967
College of West Los Angeles, JD, Law Mar-1981 – Dec-1984
Madan Menon – Director
Now, Madan is top Frientap Inc, a California headquartered Social Marketplace startup. Madan provides above 17 yrs of startup and technology practical experience acquiring labored with enterprises and startups in numerous capacities. He setup, grew and exited an MSP concentrated on the SMB market place, he grew the organization 300% 12 months on 12 months, making certain above 95% repeat organization. All through his leadership, he grew the staff, implemented reducing edge projects that saved customer’s more than 60% of their IT budgets and enhanced operational efficiencies. Right after marketing his startup, Madan joined Flowedge Money Answers as their COO. Flowedge is a fintech agency focused on proprietary investing in the derivatives current market. Right here Madan integrated techniques and processes to guarantee a sustainable growth with a emphasis on traceability and accountability, he developed and carried out a improvement and generation atmosphere that ensured various failovers that maximized the uptime to a around 99.95%. In 2016 Madan set up http://www.testmyblood.in, to carry experienced property assortment of blood tests that are carried out by the lab of the patient’s option. He was liable for data know-how and methods. He intended a modular and scalable infrastructure and cellular application.
Madan has an MBA in promoting & functions from Excellent Lakes Institute of Management, a premier B University in India. He retains a Bachelors in Physics and holds certificates in Marketing & Finance from The Wharton University, University of Pennsylvania & Cybersecurity from NYU’s Tandon University of Engineering.
The Fund: Modern Know-how Fund I, Inc.
Status: Open to Traders
Kind of Fund: Inventory (Course A 1:1)
Asset Classification: Various Property
Fund Emphasis: Impressive & Hi-Tech Corporations
Overall Fund: $15,000,000
Series Round A: $10,000,000
Minimum amount Subscription: $100,000
Active Potential Investments: 3
Fund Administration: OZ Invested
Predicted Returns: 20%
For much more details, be sure to take a look at Revolutionary Technology Fund I
Website: http://www.InnovativeTechZone.com
Electronic mail: [email protected]
Cell phone: (408) 772-1685
Ground breaking Technological know-how Fund, Inc. is a Experienced Opportunity Zone Fund.
Articles or blog posts featured on this push release are for informational functions only. This is not an present to offer nor a solicitation to obtain Modern Know-how Fund. That can only be carried out by our latest Confidential Personal Placement Memorandum (“CPPM”). Securities offered by Revolutionary Know-how Fund, Inc. For accredited Investors only. Minimal liquidity. The shares becoming sold in this supplying have not been authorized or disapproved by the Securities and Exchange Fee or any state’s securities division. Nor has the Securities and Exchange Commission or any state securities department handed upon the precision or adequacy of the CPPM or the disclosures supplied therein. Any representation to the opposite is a prison offense. The information contained in this internet site is for typical information and facts functions only. The info is delivered by Progressive Technological know-how Fund, Inc and when we endeavor to preserve the information and facts up to date and correct, we make no representations or warranties of any variety, express or implied, about the completeness, precision, reliability, suitability, or availability with regard to the web page or the info, products and solutions, companies, or related graphics contained on the site for any intent. Any reliance you put on these info is for that reason strictly at your possess chance.
Media Get in touch with
Mark Politi, Eazy Do It, Inc., 3102996690, [email protected]
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