Risk warning: The value of investments and derived income can fall. Investors may get back less than they invested.

Month: September 2021

AGM Results – 20th September 2021

Posted on by shardadmin

RNS Number : 2823M | Sure Ventures PLC | 20 September 2021

Sure Ventures PLC

AGM Results

 

Sure Ventures  is a London listed venture capital fund which invests in early stage software companies in the rapidly growing technology areas of Augmented reality (‘AR’), Virtual reality (‘VR’), Internet of Things (‘IoT’) and Artificial Intelligence (AI). The results of the AGM held on the 15th of September 2021 are as follows:

 

  • All resolutions contained in the notice of the AGM were duly passed on a show of hands
  • The total number of shares in issue as at 4:30pm on the 14th of September 2021 stood at 6,013,225 shares. Votes were received in respect of 1,146,138 shares and represented a 19.06% turn out.

 

Copies of all special resolutions numbered 10 to 11 will be made available for inspection from the National Storage Mechanism, situated at:  https://data.fca.org.uk/#/nsm/nationalstoragemechanism .

The results of the AGM will be available shortly on the Company’s website at    www.sureventuresplc.com/documents

For further information about this announcement please contact:

Apex Fund Services (Ireland) Ltd

+353 156 79210

Company Secretary

 

Shard Capital AIFM LLP

+44 (0) 207 186 9914

AIFM

Shard Capital Partners LLP

+44 (0) 207 186 9914

Placing Agent

Computershare Investor Services PLC

+44 (0) 370 707 4023

Registrar

Ambisense Funding round

Posted on by shardadmin

RNS Number : 0122K | Sure Ventures PLC | 27 August 2021

 

Sure Ventures plc (‘Sure Ventures’ or ‘the Company’)

Ambisense Funding round

 

Sure Ventures is a London listed venture capital fund which invests in early stage software companies in the rapidly growing technology areas of Augmented reality (‘AR’), Virtual reality (‘VR’), Internet of Things (‘IoT’) and Artificial Intelligence (AI). We are pleased to announce an update and funding round completion of Ambisense, one of our portfolio companies via our investment into Sure Valley Ventures (ICABV).

SURE VALLEY VENTURES FUND

Sure Ventures made a €7million commitment to Sure Valley Ventures Fund (‘Sure Valley’) representing an interest , in Sure Valley of approximately 25.9%. This commitment was made at a price of €1.00 per share.

Ambisense

Ambisense has successfully raised €3 million in a funding round led by BGF, one of Ireland’s leading growth capital investors, and supported by existing investors, including SVV, Atlantic Bridge and Enterprise Ireland. As part of the funding, Mark Sykes of BGF has been appointed to Ambisense’s Board and Graham Love has joined as Non-Executive Chairman.

The company, founded in Dublin City University in 2014 and led by founder Stephen McNulty, has operations in Dublin, the UK and the Netherlands. Ambisense combines Artificial Intelligence with reliable, field-deployable instruments that generate and analyse a continuous flow of data, enabling the prediction of environmental hazards before they occur. Its technology has already been successfully used on some of the world’s largest infrastructure projects, and its newest product, AmbiAir, which monitors indoor air quality, can be used to minimise Covid-19 risk by allowing for the safe re-opening and operation of commercial offices, retail, education and healthcare facilities.

The funds raised will accelerate Ambisense’s ambition to create healthier, safer environments by preventing environmental hazards before they occur. Ambisense will continue R&D across its products and focus on building its client base to meet rising demand.

Gareth Burchell

“We would like to congratulate Stephen and the board of Ambisence on securing the investment required to take the company to its next stage of development. The sector was growing at a significant pace prior to COVID 19, but has gathered in pace during the pandemic. The ability to monitor air quality, to use the data to prevent problems before they occur and the advancements in IOT connectivity have created a market place full of opportunity for Ambisense”.

For further information, please visit www.sureventuresplc.com or contact:

Gareth Burchell

Sure Ventures plc

+44 (0) 20 7186 9918