LONDON, UK: Lift Global Ventures Plc (AQSE:LFT), a company that invests in financial media, technology and energy businesses, has announced a £50,000 investment in All Active Asset Capital Limited, a private company that invests in global technology, software and AI companies.
The investment gives Lift exposure to one of All Active Asset Capital’s portfolio companies, Sentiance N.V., a Belgian AI software developer that provides solutions to major companies such as Uber, Microsoft and Delivery Hero. Sentiance’s technology uses sensor data from smartphones and other devices to understand human behaviour and context, and to offer personalised services and recommendations.
Lift’s CEO, Zak Mir, said that he was pleased to invest in All Active Asset Capital, which owns 25% of Sentiance. He said that Sentiance could become a leader in the insurance technology sector and that its technology could also be applied to other industries such as automotive, logistics and last mile delivery. He said that he was excited to have a small stake in this AI technology company in a rapidly growing global industry.