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
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
OriginTM of data
· Proof of
StateTM of data
· Proof of
ProcessTM 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
or contact:
Ed
McDermott
Lance de Jersey
|
SEED Innovations
Ltd
|
E: info@seedinnovations.co
|
James Biddle
Roland Cornish
|
Beaumont Cornish Limited,
Nomad
|
T: (0)20 7628 3396
|
Isabella Pierre
Damon Heath
|
Shard Capital Partners
LLP
Broker
|
T: (0)20 7186 9927
|
Ana Ribeiro
Isabel de Salis
|
St Brides Partners
Ltd,
Financial PR
|
E: seed@stbridespartners.co.uk
|
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.