SuperSeed Capital Ld - Portfolio Update
RNS Number : 6820E
SuperSeed Capital Limited
14 March 2022
 

Date: 14 March 2022

 

SuperSeed Capital Limited

("SuperSeed Capital" or the "Company")

 

Portfolio Update

 

SuperSeed Capital Limited, a company established as a Venture Capital fund of funds for early-stage technology investing is pleased to provide an update on the Company's investment portfolio and activities since its IPO on the Aquis Stock Exchange.

 

SuperSeed Fund II

 

SuperSeed Fund II ("Fund II"), which is currently SuperSeed Capital's primary investment, successfully completed its first closing on the 12th of January 2022 having raised £31m.

 

Since the start of 2022 Fund II has invested in two companies: Ai Build, an Artificial Intelligence (AI) powered software platform that enables the world's fastest and most reliable large-scale 3D printing and ThingTrax, an AI, cloud computing and Internet of Things (IoT) technology solutions provider for modernising manufacturing factories.

 

Q1 and Future Pipeline

 

Fund II is currently assessing over 30 attractive investment opportunities from its scouting network across the UK & Nordics with two further investments due to complete this quarter into fast-growing Software as a Service (SaaS) companies. Several of the new investments are already on course to complete Series A funding rounds in 2022 which is expected to positively impact fund NAV this calendar year.

 

Beyond Q1, Fund II continues to see a strong pipeline of investment opportunities particularly in the Quantum Computing, Industry 4.0, SaaS and Enterprise Automation and DevOps/CyberSec space.

 

Mads Jensen, Investment Manager, comments

 

"We are pleased to have successfully closed our first two investments in exciting companies in Industry 4.0 space with our investments in Ai Build and ThingTrax. Business automation through AI and software continues to underpin human progress, and our purpose remains focused on backing founders who are truly transforming how we work, make and move things."

 

 

For more information, please visit www.superseed.com or contact:

 

SuperSeed Capital Limited

+44(0)20 3405 3060

Mads Jensen, Investment Manager

 

 

 

VSA Capital - AQSE Corporate Adviser and Broker

+44(0)20 3005 5000

Corporate Finance: Andrew Raca

Corporate Broking: Andrew Monk, Peter Mattsson, David Scriven

 

 

Notes to Editors

 

SuperSeed Capital Limited is listed on the Aquis Stock Exchange in February 2022 and will be investing as a limited partner of SuperSeed Ventures' LLP second fund, SuperSeed Ventures II LP ("Fund II"). The Company may also invest in other investment funds managed or advised by SuperSeed Ventures or any affiliate of SuperSeed Ventures or other investment funds managed or advised by third parties other than SuperSeed Ventures.

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