Sure Ventures Share Discussion Threads

[boxerdogz] 03/3/2022 12:55

Specific mention of Smarttech247 , gonna be huge

[boxerdogz] 03/2/2022 13:59

Added 10g to my position today

[david gruen] 27/10/2021 07:35

26 October 2021

Sure Ventures plc ('Sure Ventures' or 'the Company')

Admix raises US$25 million in Series B round

Sure Ventures plc, 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), is pleased to announce a Series B funding round for portfolio company Admix. Sure Ventures PLC owns exposure to Admix via a 25.9% stake in Sure Valley Ventures (ICAV)

Admix has announced that it has successfully raised US$25 million in a Series B round to scale up its In-Play solution worldwide and establish it as the content monetisation layer for gaming worlds and the formative metaverse.

This new funding has been raised at a valuation that represents around 1,500% of the company's valuation at which SVV initially invested in the business in 2018. This clearly reflects the very significant progress that Admix has made to date.

The Series B round is the largest secured by any non-intrusive games monetisation company and brings Admix's total funding to date to US$37 million. SVV participated in the Series B round alongside renowned VCs Elefund, Force Over Mass, DIP Capital, Notion Capital, Speedinvest, Rocket Capital, Colopl Next and Sidedoor Ventures, as well as growth investor Kuvi Capital and angels from the gaming industry.

Founded in 2018, Admix provides a solution that bridges the gap between brands, creators and advertisers using non-intrusive product placements integrated inside video games. Over 300 global games and thousands of advertisers currently use Admix's end-to-end platform. The company has recently made key hires in the Americas and APAC where its presence will now be expanded further.

The first phase of Admix's development has proven its commercial model, which is on track to deliver 1,000% year-on-year revenue growth. This new capital is set to fund Admix's evolution as a set of monetisation tools for the new creator economy, and its second critical phase of product development that will set standards in the formative metaverse. In building the technology and tools to empower creators to make money from their content, Admix will iterate on its state-of-the-art proprietary rendering technology which can digitally inject complex 2D or 3D constructs into any 3D environment, with zero impact on virtual world engine performance.

Gareth Burchell, Director of Sure Ventures PLC Commented:

"This is a significant development for Admix and we would like to congratulate the founders and management team for the progress they have made over the last 2/3 years. Digital content consumption and creation has reached an unprecedented level of activity since the global pandemic began and this has accelerated the adoption of the market place the team have built. This funding round, with its impressive participants and size will enable the business to scale even further. The board of Sure Ventures believes it is this type of news that should highlight the quality, the potential and the opportunity that our investors are exposed too"

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


Gareth Burchell Sure Ventures plc [phone]


Notes to Editors

Sure Ventures plc listed on the London Stock Exchange in January 2018 giving retail investors access to an asset class that is usually dominated by private venture capital funds. Sure Ventures is focusing on companies in the UK, Republic of Ireland and other European countries, making seed and series A investments in companies with first rate management teams, products which benefit from market validation with target revenue run rates of at least GBP400,000 over the next 12 months. Website: hxxps://www.sureventuresplc.com/

[hodhasharon] 30/6/2021 20:16

How this is staying under the Radar I’ll never know. A multi-bagger if ever I saw one.

[crescenter] 18/2/2021 10:45

If HL do it then Barclays should.

[hodhasharon] 18/2/2021 10:44

I heard Barclays wouldn't allow trading of Cannabis stocks. Might be worth upgrading your broker.

[hodhasharon] 18/2/2021 10:44

Note SURE why. Have You searched via Sure Ventures?

I used IG and HL.

[crescenter] 18/2/2021 10:42

Hod what is this as Barclays don't seem to recognise it when I enter the epic or name?

[hodhasharon] 16/2/2021 17:57

!FOLLOWFEED

We offer investors a listed vehicle that aims to achieve a diversified exposure to early stage technology companies, with a focus on software centric businesses in AR/VR, IoT and FinTech. We believe we’re uniquely placed to optimise opportunities in these high growth markets.

TEAM
Through partnerships with Suir Valley Ventures and Shard Capital, Sure Ventures uniquely combines its expertise with a powerhouse of innovation and an entrepreneurial broking and asset management house.

NETWORK
We not only provide direct access to a diverse start-up community, but also to Silicon Valley and a broad search and innovation network. Shard Capital also provides a portal to the global financial markets.

SUPPORT
We are able to provide immediate help to accelerate seed company growth, but can also support companies throughout their growth journeys, from additional financing, to IPO and beyond with corporate broking and investor relations functions.

ATTRACTIVE INVESTMENT
We focus on areas of significant growth potential over the next 5 years. AR/VR in particular is expected to be a $108 billion market by 2020.

[tim000] 12/2/2021 16:00

SURE is massively undervalued in relation to PIRI, when they hold almost identical assets....which of course is why PIRI were happy to acquire SURE shares at a large premium to the current share price. RGO is a large shareholder in PIRI and is also way undervalued, if one places any credence in the current PIRI market valuation.

[dennisbergkamp] 17/9/2020 15:25

I’ll check it out Tim, thanks

D

[tim000] 17/9/2020 14:40

Slightly more diversified, yes, but its primary asset is a much smaller holding than SURE has in SVV, and yet PIRI has a slightly higher mkt cap. IMHO the SVV fund already has plenty of diversification.

[dennisbergkamp] 17/9/2020 11:56

Piri seems a more diversified approach.

D

[tim000] 17/9/2020 07:40

PIRI gets all the attention because of Chris Akers, who surely would have acquired shares in SURE if stock had been available. SURE is the much better longer-term investment, and I've been quietly accumulating shares here. Hopefully today will be a good day for the share price, or I'll be buying more.

[corrientes] 20/6/2020 09:49

If crackpot, flash in the pan companies like Braveheart can have their day, why not this one in an area that at least has long term potential ?

[leeroy jenkins] 08/5/2019 10:28

View Sure Ventures talk at The Global Group UK Investor Show: