RCS - Seed Innovations Ltd - Investee Company Update:Inveniam Capital

Seed InnovationsAnnouncement

13/12/2024 12:30

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RNS Number : 0739Q  Seed Innovations Limited  13 December 2024

13 December 2024

SEED Innovations Limited

("SEED" or the "Company")

 

Investee Company Update: Inveniam Capital Partners, Inc.

 

Inveniam Partners with G42

 

SEED Innovations Ltd, the AIM-quoted investment company offering exposure to
disruptive, high-growth, life sciences and technology ventures typically
inaccessible to everyday investors, is pleased to note an announcement
published by its portfolio company, Inveniam Capital Partners, Inc.
('Inveniam'), regarding its strategic partnership with UAE based AI Company,
G42. The partnership aims to transform scale and functionality of global
private markets.

 

The Company owns 86,810 preferred shares in Inveniam representing <0.2% of
Inveniam's issued share capital.

 

Commenting on the announcement, Alfredo Pascual, Director of Investment
Research at SEED, said:

 

 "We are encouraged by the progress Inveniam is making in its efforts to
bring greater efficiency, transparency, and confidence to private markets. The
partnership with G42 aims to drive significant innovation, enabling a platform
that prioritizes data security, supports daily asset valuations, and
facilitates the development of new financial products. We look forward to
seeing its continued advancement."

 

The following announcement, which was released on the 12 December 2024, is set
out without any material changes.

 

The announcement in full can be accessed from the following link:
https://www.inveniam.io/g42 (https://www.inveniam.io/g42)

 

 

Data Sovereignty Meets AI: G42 and Inveniam Partner to Transform Scale and
Functionality of Global Private Markets

 

Today marks a pivotal moment in Inveniam's journey as we announce a landmark
partnership and investment from G42, one of the world's leading artificial
intelligence companies. This strategic alliance represents a fundamental shift
in how the world's largest asset class will be valued, managed, and traded.

 

Inveniam was born in Ann Arbor, Michigan and has developed in the Midwest over
the last eight years, raising over $120 million to date, with our last round
led by Cushman & Wakefield (NYSE: CWK). As Inveniam grew with offices in
NY and India, we needed to partner with a global leader in AI to deliver the
world's leading solutions for Private Markets.

 

Private markets - the realm of real estate, private equity, private credit and
infrastructure investments - represent the world's largest asset class, worth
hundreds of trillions of dollars. Yet despite their massive size, these
markets operate much like they did decades ago, with scattered data, manual
processes, and long transaction times. At Inveniam, we've spent years building
technology to solve this problem, creating the infrastructure that allows
these assets to be managed, shared and traded with the efficiency of public
markets, while keeping sensitive data secure and in the clients' systems using
agents.

 

The tech landscape has been saying that 2025 is the year of agentic solutions
for financial markets. Inveniam is how these agents now have context,
attribution, and trust in source data and the output of the automation
solutions, whether AI, ML, RPA, or Smart Contracts.

 

As we built our solution, we realized that it would not be a single new
technology that transforms this market. It is the convergence of AI, DLT, and
DeFi. There were a number of significant technical barriers, but these have
been overcome in the past several years. Now, Inveniam is utilizing these
technologies together at scale. Inveniam's platform delivers trust in the
source data with visibility, transparency, and auditability around the
automation which we refer to as Smart Provenance™. This context,
attribution, and trust opens the door for enterprise use against private
market assets.

A first principle of major financial institutions is control of their data.
Organizations must understand ongoing data operations and automation using AI
and DLT, including their most sensitive data about their assets. Inveniam and
G42 will offer solutions that deliver trust in the value of underlying assets
for investors exchanging billions of dollars daily on private market funds,
indices, derivatives, and eventually the underlying assets.

 

This administration of private markets data, and trading of assets is where
our partnership with G42 is transformative. G42 has built some of the most
advanced AI systems in the world and partners with leading organizations
across industries and geographies. They understand something we also learned
along the way: AI is only as good as the data it can access. In global private
markets, that data is scattered across thousands of organizations who are
understandably protective of their information.

Inveniam delivers:

·      Proof of Origin(TM) of data

·      Proof of State(TM) of data

·      Proof of Process(TM) of data.

 

Enterprises need a tool to get their data ready for AI and maintain readiness
for automation tools, such as AI. This is where Inveniam's sophisticated
permissions and workflow solutions allow for management of data operations in
a decentralized data environment with a focus on the unstructured data
associated with private markets. The recent announcement of the G42
partnership with Microsoft (Nasdaq: MSFT) will add enormous capability to this
product as it is delivered using MSFT infrastructure.

 

Together, we're building something that hasn't existed before: a system that
allows private market assets to be shared, analyzed, priced and traded while
ensuring that sensitive source business data remains protected and controlled
by its owners. Source data and calculations can be fully audited by trusted
third parties so that in an adversarial or trustless trading environment,
there is confidence in the marks on the assets, derivatives, funds, and
securities. This is confidence in the process of price discovery.

 

In conjunction with our partners we are starting with Real Estate, Private
Equity, Private Credit, and Infrastructure, all data rich, low frequency
trading assets. However, our vision applies to all private markets:

 

·      Advanced AI systems that deliver reliable, daily asset valuations
while keeping sensitive data secure on the client's site

·      This is done as the administration of private market assets, and
funds are automated using AI

·      New financial products that make private markets more accessible,
including the first-ever derivatives and indices for real estate and other
private assets

·      Privacy-first technology that allows institutions to share and
verify data without exposing sensitive information

·      A comprehensive technology platform that combines G42's AI
capabilities with Inveniam's data architecture

·      The world's first private markets derivatives exchange, beginning
with real estate, that enables these assets to be traded dramatically more
efficiently, with a target of reaching the efficiency of the public markets.

 

From this foundation of permissioned-access to trusted data, our partnership
with G42 provides the resources for the next several years of operations as
well as technological capabilities to expand to all private markets - from
infrastructure projects to private equity investments.

We're building the infrastructure that will allow the world's largest asset
class to operate with the efficiency of public markets while maintaining
privacy and control that private market participants require. This
leapfrogging of public market centralized data solutions will transform
Private Markets. With G42 and our ecosystem of partners, we are starting to
deliver this reality.

The future of private markets is coming into focus. We couldn't be more
excited about what Inveniam and G42 will build together.

 

 

- Ends -

 

For further information on the Company please visit: www.seedinnovations.co
(http://www.seedinnovations.co) or contact:

 

  Ed McDermott       SEED Innovations Ltd             E: info@seedinnovations.co 

 Lance de Jersey                                       
 James Biddle        Beaumont Cornish Limited,        T: (0)20 7628 3396

 Roland Cornish      Nomad                             
 Isabella Pierre     Shard Capital Partners LLP       T: (0)20 7186 9927

 Damon Heath         Broker
 Ana Ribeiro         St Brides Partners Ltd,          E: seed@stbridespartners.co.uk

 Isabel de Salis     Financial PR

 

Notes

 

Seed Innovations Ltd

SEED Innovations is an AIM quoted investment company focused primarily on
disruptive high growth life sciences and technology businesses particularly
within the medical cannabis arena. The Company's strategy is to identify
early-stage opportunities that have an upcoming investment catalyst and grow
its portfolio in terms of value whilst limiting the number of investee
companies to a level where relevant time can be devoted to each.

 

Inveniam Capital Partners - www.inveniam.io

Inveniam is a private fintech company that built Inveniam.io, a technology
platform using big data, AI and blockchain technology to provide surety of
data and high-functioning use of that data in a distributed data ecosystem.

 

Nominated Adviser

Beaumont Cornish Limited ("Beaumont Cornish") is the Company's Nominated
Adviser and is authorised and regulated by the FCA. Beaumont Cornish's
responsibilities as the Company's Nominated Adviser, including a
responsibility to advise and guide the Company on its responsibilities under
the AIM Rules for Companies and AIM Rules for Nominated Advisers, are owed
solely to the London Stock Exchange. Beaumont Cornish is not acting for and
will not be responsible to any other persons for providing protections
afforded to customers of Beaumont Cornish nor for advising them in relation to
the proposed arrangements described in this announcement or any matter
referred to in it.

 

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