MassVentures
Minutes
Expedited Investment Committee Meeting
Date and Time
Wednesday February 21, 2024 at 8:30 AM
Location
Join Zoom Meeting
https://us02web.zoom.us/j/86938538539?pwd=eEdhbmZUb21ZcTNJVEF6UHV5dVJhZz09&from=addon
Meeting ID: 869 3853 8539
Passcode: 792522
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+19292056099,,86938538539#,,,,*792522# US (New York)
Directors Present
J. Griffin, M. Valanzola, R. Jarquin, Y. Hao
Directors Absent
None
Guests Present
C. Hipwood, J. Madison, P. Yadav, S. Swider
I. Opening Items
A.
Record Attendance
B.
Call the Meeting to Order
Y. Hao called a meeting of the board of directors of MassVentures to order on Wednesday Feb 21, 2024 at 8:31 AM.
C.
Public Comments
II. Executive Session
A.
Vote to Enter Executive Session
Y. Hao made a motion to Enter into executive session to discuss confidential financial related to applicants of MassVentures funds.
R. Jarquin seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| J. Griffin |
Aye
|
| Y. Hao |
Aye
|
| M. Valanzola |
Aye
|
| R. Jarquin |
Aye
|
III. Expedited Investment - Anchoring AI and Cyvl
A.
Discuss potential investment in Anchoring AI
B.
Vote on investment for Anchoring AI
Y. Hao made a motion to Approve an investment in Anchoring AI per the terms of the pre-investment action sheet.
R. Jarquin seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| M. Valanzola |
Aye
|
| Y. Hao |
Aye
|
| J. Griffin |
Aye
|
| R. Jarquin |
Aye
|
C.
Vote - Cyvl Amendment to Pre-Investment Action Sheet
Y. Hao made a motion to Approve amendment to the Cyvl.
R. Jarquin seconded the motion.
The board VOTED to approve the motion.
| Roll Call | |
|---|---|
| R. Jarquin |
Aye
|
| J. Griffin |
Aye
|
| Y. Hao |
Aye
|
| M. Valanzola |
Aye
|
IV. Closing Items
A.
Adjourn Meeting
There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 8:39 AM.
Respectfully Submitted,
C. Hipwood
Ms. Swider provided an update on Anchoring AI.