MDB Capital Teams with TCA Venture Group to Bring New Insights and Public Venture Opportunities to Angel Investors
Rhea-AI Summary
MDB Capital Holdings, (NASDAQ: MDBH) has announced its sponsorship of TCA Venture Group, one of the largest angel investor networks in Southern California. The partnership, which began in August 2024, aims to provide TCA's angel investors with insights into public venture investing and potential future collaboration opportunities.
As part of this initiative, MDB will share deep tech insights and co-host events with TCA. The first joint event is scheduled for October 21, 2024, featuring Lou Basenese, MDB Capital President & Chief Market Strategist, and Dave Berkus, TCA Chairman Emeritus, discussing 'Traditional Venture vs Public Venture'. This virtual event is open to all individual and angel investors.
The sponsorship is expected to support TCA through events across its network and assist portfolio companies with their exit plans. Both organizations express excitement about the collaboration and its potential benefits for entrepreneurs and investors in the innovation industry.
Positive
- Partnership with TCA Venture Group, a major angel investor network
- Potential for future collaboration on public venture opportunities
- Increased exposure to angel investors and early-stage companies
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MDBH declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Addison, TX, Oct. 16, 2024 (GLOBE NEWSWIRE) -- MDB Capital Holdings, LLC (NASDAQ: MDBH) (“MDB”), a public venture platform focused on launching category-leading deep technology companies, announced its sponsorship of TCA Venture Group, (“TCA”) one of the largest and most active angel investor networks in the nation, and a leading source of funding for seed-stage and early-stage companies across all innovation industries in Southern California.
The sponsorship which began in August 2024, aims to enable TCA’s angel investors to benefit from MDB’s expertise in public venture investing with the possibility of partnering on future public venture opportunities. MDB will also share deep tech insights and co-host select events with TCA.
MDB’s first shared event with TCA takes place on Monday, October 21 at 12:00pm ET, as Lou Basenese, MDB Capital President & Chief Market Strategist, welcomes Dave Berkus, TCA Chairman Emeritus and Managing Director of TCA ACE Funds, to discuss, Traditional Venture vs Public Venture.
MDB Vested Interests – MDB’s Lou Basenese welcomes TCA’s Dave Berkus
This virtual event is open to all individual and angel investors compliments of MDB and TCA. You can register to attend the live virtual event HERE
"We're excited to team up with TCA Venture Group to broaden awareness of public venture investing as an alternative to traditional venture and share our expertise, insights and possible future opportunities with TCA angels,” said George Brandon, MDB President & Head of Community Development.
“This is the first Platinum sponsor for all of TCA. It will support us through events across the entire network and can support our portfolio companies as they move through their exit plans. We are very excited to have MDB Capital join our other sponsors who are all critical to making TCA the best place for entrepreneurs to get capital and support for their ventures,” said Pat Hwang, President, TCA Orange County, who negotiated the agreement on behalf of the TCA Venture Group.
About MDB Capital Holdings, LLC
Founded in 1997, MDB Capital focuses on launching "Big Ideas" into valuable public companies with a better approach to public venture capital. This approach involves community-driven financings of pre-revenue, early-stage deep technology companies through early public offerings, primarily listed on NASDAQ, as well as post-IPO offerings for already public companies that fit MDB's overall criteria for investment. MDB Capital is the brand under which MDB Capital Holdings, LLC (NASDAQ: MDBH) and its subsidiaries operate and provide services, which includes a self-clearing broker-dealer and trading platform and an integrated, intellectual property (IP) strategy consulting and law firm. MDB Capital is a registered broker-dealer, Member FINRA/SIPC.
Learn more at mdb.com.
About TCA Venture Group
TCA Venture Group is one of the largest and most active angel investor networks in the nation, and a leading source of funding for seed-stage and early-stage companies across all innovation industries in Southern California. TCA members are accredited investors who individually invest in startup companies. Companies go through well-structured, transparent, and time efficient screening and due diligence. As founders and executive-level business leaders, TCA members provide companies with more than just capital; they also contribute counsel, mentoring and access to an extensive network of investors, customers, strategic partners and management. TCA is a catalyst in the growth of the thriving Southern California entrepreneurial ecosystem of innovation. Since its founding in 1997, TCA has invested over
Learn more at tcaventuregroup.com.
Investor Relations Contact:
IR@mdb.com
Media Contact:
press@mdb.com
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FAQ
What is the purpose of MDB Capital Holdings' sponsorship of TCA Venture Group?
When did MDB Capital Holdings (MDBH) begin its sponsorship of TCA Venture Group?
What event is MDB Capital Holdings (MDBH) co-hosting with TCA Venture Group on October 21, 2024?
How can investors attend the MDB Capital Holdings (MDBH) and TCA Venture Group virtual event on October 21, 2024?
