Sure Ventures Plc (GB:SURE) has released an update.
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Sure Ventures PLC, a venture capital fund focusing on AI, AR, VR, and IoT, reports a Q1 2024 NAV decrease of 14% due to write-offs but anticipates a substantial uplift following the successful acquisition of Landvault. Key portfolio companies like Captur, Everyangle, and Cameramatics are making significant business advancements, whereas Warducks and Ambisense faced liquidation and write-off. Amidst a mixed quarter, the upcoming Landvault transaction is expected to considerably boost NAV in Q2 2024, reflecting the volatile yet promising nature of early-stage tech investments.
For further insights into GB:SURE stock, check out TipRanks’ Stock Analysis page.
