1st Jul 2025 07:00
1 July 2025
GenIP Plc
("GenIP" or the "Company")
GenIP Secures First UK Academic Clients
GenIP Plc, a technology business providing Generative Artificial Intelligence (GenAI) services to help research organisations and corporations commercialise their innovations, is pleased to announce that it has broken into the UK academic technology transfer market by securing its first contracts with leading UK-based research institutions.
Following a productive month attending key UK industry events, the Company has been engaged by a prominent university known for its applied research and industry collaboration and a second public research university recognised for its innovation pipeline across engineering, health sciences, and digital technologies.
Building upon recent expansion into Chile and Brazil, GenIP's entry into the UK academic technology transfer market marks a significant milestone for its global growth strategy and demonstrates the Company's growing role as a trusted partner to leading research institutions.
Melissa Cruz, CEO of GenIP, commented:
"Securing our first UK academic clients is a significant milestone for GenIP and a clear signal of growing demand for our AI-powered technology analytics platform. We're proud to support leading research institutions that are actively investing in commercialising their innovation pipeline.
"These engagements come at a time of strong commercial momentum for GenIP. Following our participation in key industry events across the UK and Europe, we've experienced a material increase in inbound interest from both academic and corporate organisations. These new contracts and several other active commercial discussions underscore our traction in markets that value fast, scalable, and high-quality evaluation tools.
"GenIP is scaling rapidly, increasing adoption across universities, corporate R&D teams, and government innovation programmes. Our platform combines generative AI with expert analysis to help clients make faster, more informed decisions about which innovations to pursue.
"With a growing order book and a stable balance sheet heading into H2, we are focused on disciplined execution, expanding recurring revenues, and continuing to deliver long-term value to shareholders."
For further information regarding GenIP, please visit www.genip.ai, or contact:
GenIP Plc Melissa Cruz, CEO | Via Redchurch Communications | |
Redchurch Communications (Financial PR) John Casey
|
|
About Reach announcements
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
Notes to Editors
About GenIP
GenIP provides generative artificial intelligence (GenAI) analytic services to help companies, research institutions and venture funds assess and commercialise new discoveries. GenIP combines expert human technical review with GenAI algorithms to provide insightful and verified services.
GenIP provides two complementary platform-based services:
1. Invention Evaluator: Provides bespoke research reports that assess the market potential of new technological innovations and discoveries using AI-driven proprietary software; and
2. Vortechs: which is an executive recruitment platform that through advanced machine learning algorithms and natural language processing technologies assists in matching technology organisations with experienced executives skilled in technology commercialisation.
The Company believes that its integrated GenAI service offerings will help organisations to evaluate and commercialise their technological innovations.
Company Strategy
GenIP's goal is to be a leading Generative AI analytic services company. To achieve this, the Company has established three strategic pillars:
● Organically grow Invention Evaluator and Vortechs' revenue through institutional and corporate connections as well as increase client pipeline through marketing, advertising and social media spend.
● Expand the Generative AI service offerings within Invention Evaluator and Vortechs' to reach new customers and improve margins.
● Bolt-on acquisitions of additional Generative AI services that are helpful to our clients and have demonstrated initial market traction.
Forward looking statements
Certain statements contained in this announcement constitute forward-looking statements. When used in this announcement, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "seek", "propose", "estimate", "expect", and similar expressions, as they relate to the Company, are intended to identify forward-looking statements. These statements include, but are not limited to, statements regarding intentions, beliefs or current expectations concerning, among other things, the Company's results of operations, financial position, liquidity, prospects, growth, strategies and expectations of the industry in which the Company operates.
Such statements reflect the Company's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to materially differ from those described in this announcement Should one or more of these risks or uncertainties materialise, or should assumptions underlying forward-looking statements prove incorrect, actual results may differ materially from those described in this announcement as "intended", "planned", "anticipated", "believed", "proposed", "estimated" or "expected".
For the avoidance of doubt, the contents of the Company's website and any hyperlinks accessible from the Company's website are not incorporated by reference into, and do not form part of, this announcement and investors should not rely on them.
-ENDS-
Related Shares:
Genip Plc