Lift Global Ventures - Investment in All Active Asset Capital Limited
Announcement provided by
Lift Global Ventures Plc · LFT17/07/2023 07:30
17 July 2023
Lift Global Ventures Plc
("Lift" or the "Company")
Investment
Lift Global Ventures Plc (AQSE:LFT), an investment company focused on financial media, technology and the energy sector, is pleased to announce that is has made an investment of
In particular, AAA owns 25% of the issued share capital of Sentiance N.V. ('Sentiance'), the Belgian artificial intelligence ('AI') software development business. Details of Sentiance's technology and products are at www.sentiance.com, which explains that Sentiance provides AI solutions to blue chip companies such as Uber, Absa, Verisure, DBS Bank, Microsoft and Delivery Hero, among others.
Sentiance could become a leading player in the insuretech sector and its technology could be subsequently deployed in the automotive, logistics, and last mile delivery industries and beyond. The Lift board sees real value in Sentiance being a technology disruptor in the Insurance-Banking and Gig -Mobility sectors.
Zak Mir, CEO of Lift commented: "We are pleased to be given the opportunity to invest in AAA who has a significant share holding in Sentiance. Sentiance has been developing AI solutions for many years and has a blue chip client base. We are excited to have small shareholding in this AI technology company in what is very a much expanding global industry."
The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.
The Directors of the Company accept responsibility for the contents of this announcement.
Enquiries:
Lift Global Ventures Plc |
|
Zak Mir, CEO
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+44 (0)203 745 1865 |
Optiva Securities Ltd (AQSE Corporate Adviser and Broker) |
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Christian Dennis Daniel Ingram |
+44 (0)203 411 1881
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For more information please visit: www.liftgv.com
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