27th Aug 2021 17:45
Sure Ventures PLC - venture capital fund which invests in early stage software companies - Notes that Ambisense has raised EUR3 million in funding round led by BGF and supported by existing investors, including Sure Valley Ventures, Atlantic Bridge and Enterprise Ireland. Sure Ventures holds just under 26% stake in Sure Valley Ventures.
Pires Investments PLC, which holds interest of around 20% in Sure Valley Ventures, also notes Ambisense news.
"We would like to congratulate Stephen and the board of Ambisence on securing the investment required to take the company to its next stage of development. The sector was growing at a significant pace prior to Covid-19, but has gathered in pace during the pandemic," Sure Ventures Director Gareth Burchell says.
Sure Ventures current stock price: 110.00 pence
Year-to-date change: up 19%
Pires current stock price: 7.8p
Year-to-date change: up 25%
By Lucy Heming;Â [email protected]
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