25th Nov 2021 17:57
Pires Investments PLC - London-based technology-focused investment company - Notes progress across Sure Valley Ventures's portfolio in the third quarter. Pires has around 20% interest in Sure Valley Ventures. Pires Director Nicholas Lee notes that the period does not include the impact on the portfolio from Admix's recent successful Series B funding round. "A number of well-respected VCs and gaming industry figures participated in the fundraise at a valuation of Admix which represents a 1,500% uplift on the valuation at which SVV initially invested, clearly demonstrating yet again the quality of the SVV portfolio," says Lee.
Current stock price: 6.55 pence, up 4.8% on Thursday
Year-to-date change: up 4.8%
By Lucy Heming;Â [email protected]
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