Lift Global Ventures - Investment in All Active Asset Capital Limited
17/07/2023 07:30
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RNS Number : 1449G Lift Global Ventures PLC 17 July 2023
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 £50,000 into All Active Asset Capital Limited
which is a private company investing in the global technology, software and AI
space ("AAA").
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 +44 (0)203 745 1865
Optiva Securities Ltd (AQSE Corporate Adviser and Broker)
Christian Dennis +44 (0)203 411 1881
Daniel Ingram
For more information please visit: www.liftgv.com (http://www.liftgv.com/)
END
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