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Pires Investments ( (GB:MFAI) ) has provided an update.
Mindflair plc announced it has realized £2.6 million from its investment in Visibility Blockchain Limited, which was sold to Forcepoint. The funds were used to repay outstanding loan notes. Additionally, Sure Valley Ventures, a venture capital firm associated with Mindflair, has made new investments in AI companies Momntum AI and Literal Labs, supporting their development and expansion. These moves highlight Mindflair’s strategic focus on AI-driven companies with high growth potential, reinforcing its strong financial position and commitment to its investment strategy.
More about Pires Investments
Mindflair plc is an investment company that provides investors with access to a portfolio of next-generation technology businesses focused on Artificial Intelligence (AI) with significant growth potential. The company is building an investment portfolio in areas such as the Internet of Things, Cyber Security, Machine Learning, Immersive Technologies, and Big Data, which are believed to have the potential for exponential growth due to increasing global demand.
Average Trading Volume: 6,619,217
Technical Sentiment Signal: Sell
Current Market Cap: £4.21M
Learn more about MFAI stock on TipRanks’ Stock Analysis page.