TAMPA FL / ACCESSWIRE/ June 26, 2024 Stony Lonesome Group, a venture capital firm based in Tampa, Florida, announced a strategic alliance with Freedom First Corp., a subsidiary company of RTB Ventures. Freedom First, as part of this partnership, has committed capital to Stony Lonesome Capital Special Reserve II, SLG’s 5th fund. SLCSR II LP will build on SLG’s 13-year track-record of making Mission Focused Investments and supporting military Veteran founders.

Stony Lonesome Group’s Managing Partner and Founder Sean Drake said, “With our 13-year track records, this strategic partnership is the catalyst SLG was looking for in a partner. It will allow us to grow and scale up our Mission Focused Investment thesis and be able make critical follow-on investments in our portfolio 65+ iconic military technology companies. This partnership was made possible by the shared vision, alignment of values, and mission. ”

Samantha Young, Chief Financial Strategist and Chief Investment Officer of RTB Ventures, and Chief Investment Officer for Freedom First, stated: “I am delighted to announce our partnership as a GP in Stony Lonesome Group’s fifth fund. RTB has built a solid foundation in the energy industry, especially in oil and natural gas. Recognizing the changing landscape and the need to find sustainable solutions, RTB is strategically re-directing its capital into high-growth industries such as agriculture and tech. Our commitment to ‘profits for a purpose’ also drives us to invest where we can address global challenges and offer significant opportunities for innovation. Our expertise and focus on emerging technologies allows us to create positive change and generate value in these dynamic industries. SLG’s visionary leadership in the Veteranpreneur Sector aligns perfectly with SLG’s mission to support these entrepreneurs as they build iconic companies. Together, we embrace both’mentor’ and’venture’ capital, delivering a triple-bottom line value proposition that goes beyond ROI to make an impact. ”

Ryan Manicom is a Partner at RTB and President and CEO of Freedom First. He said, “I am very fortunate to have been able to meet the SLG team, and learn more about their investment strategy that is mission-driven. It’s rare to find a group or company that can offer a solid return on investment while also making a difference for national security and veteran care. We are excited to be a part of the SLG Team and everyone at Freedom First looks forward to a successful partnership. ”

Other partners at Stony Lonesome Group are Lt Gen Brooks Bash (USAF Ret), Maj Gen Earl Matthews, who served as Chief Information Security Officer for the USAF, and the Honorable Patrick J Murphy. He is a US Army Veteran and former Acting Secretary.

Stony Lonesome Group was an early investor in veteran-led firms ID.me and StreetShares as well as SDVOSB Academy Securities. Stony Lonesome Group’s General Partner Lt. Gen. Brooks Bash said, “The synergies between Stony Lonesome Group & Freedom First will enable our portfolio companies to expand their impact into a global reach and influence in the interest of global growth and safety.”

About Stony Lonesome Group

StonyLonesomeGroupis an investment firm that focuses on growth equity and venture capital investing through StonyLonesome Advisorsand the StonyLonesomeCapitalfunds. Stony Lonesome Group was founded in 2011 and is a pioneer in the Vetrepreneurship eco-system. They are committed to investing in Veteran-founded companies and Service Disabled Veteran led companies. SLG’s investing thesis focuses on dual-use mission-focused investing. Stony Lonesome Capital II LP focused on Military Medicine, Healthcare and Veteran Care and Stony Lonesome Capital III LP on Cybersecurity and Smart Data, AI Autonomy and Robotics. StonyLonesomeCapitalSpecialReserve IILP provides growth capital to the most promising dual-use opportunities and the best vintage companies of previous SLG Funds. For more information, visit www.StonyLonesomeGroupLLC.com.

About Freedom First Corporation

Freedom First aims to create a future in which the private sector works seamlessly across sectors such as energy, food and technology, all driven by a passion to make a positive impact. We aim to re-energize the role of corporations in bringing about positive change by overcoming bureaucratic barriers and making a real difference. For more information, visit www.FreedomFirstCorp.com.

Contact Information

Sean Drake

Stony Lonesome Group Founder and Managing partner

sdrake@stonylonesomegroupllc.com

(203) 247-2479

Genevieve LaVO

Freedom First, Director Investor Relations

gl@freedomfirstcorp.com

(215) 500-8131

SOURCE Stony Lonesome Group

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