Investee Company Update:Inveniam Capital

Seed Innovations Limited

13 December 2024

 

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 Origin^TM of data

·      Proof of State^TM of data

·      Proof of Process^TM 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: [e-mail]
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: [e-mail]

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.

 

END