Investor Type | Firm |
Type of Fund | Venture Capital Fund |
Industries | Other • Web Security (& Privacy) • Gaming (& eSports) • Insurance (& InsurTech) • Logistics (& Distribution) |
Investing | United States |
Sure Ventures plc is a venture capital fund that aims to provide investors with a diversified exposure to early-stage technology companies, with an emphasis on software-centric businesses within specific high-growth markets. Their primary focus areas include augmented reality/virtual reality (AR/VR), the Internet of Things (IoT), and Financial Technologies (FinTech). Situated on the 23rd Floor at 20 Fenchurch Street in London, Sure Ventures plc leverages a strategic partnership with Suir Valley Ventures and Shard Capital to combine expertise and access to a broad innovation network, including Silicon Valley, alongside a strong entrepreneurial broking and asset management house. They offer direct access to a diverse set of start-ups as well as a portal to global financial markets through Shard Capital. Sure Ventures plc provides practical support to seed-stage companies to help accelerate their growth and continue to support through the companies' development, including additional financing, initial public offerings, corporate broking, and investor relations. With a belief in the significant growth potential of their focus areas, particularly AR/VR forecasted to become a $108 billion market by 2020, the fund targets investments likely to yield high returns over the next five years. Sure Ventures plc is listed on the Specialist Fund Segment (SFS) of the London Stock Exchange, providing exposure to Suir Valley Funds ICAV, which co-invests with Enterprise Ireland, one of Europe's largest venture capital firms. The fund intends to invest the first £5 million of net proceeds from its first issue into the Suir Valley Ventures Fund, with additional funds dedicated to target companies or to increase positions in companies where the ICAV is already invested. These investments may be made directly in individual companies or through commitments to fund structures with similar investment policies or through high potential start-up accelerators in the same market areas. The fund suits institutional investors, professionally-advised and financially sophisticated private investors who understand the risks and have the capacity to absorb potential losses.