Company and investment portfolio update

Mindflair plc, the company investing in next-generation technology focused on AI, is pleased to provide a summary of recent developments.

On 10 March 2025, the Company announced that it had realised £2.6 million from its direct and indirect investment interests in Visibility Blockchain Limited ("Getvisibility"), as a result of the sale of this company to Forcepoint. These funds were subsequently received and have partially been used to repay the remaining outstanding principal and accrued interest on the series of loan notes which the Company had originally issued in December 2022.

In terms of investment portfolio developments, Sure Valley Ventures ("SVV"), has recently made two further investments in exciting AI focused companies:

• Momntum AI: SVV's third fund, SVV3, has participated in a €1 million seed round for Momntum AI, a pioneering Customer Relationship Platform powered by its proprietary Relationship Language Model ("RLM"). Co-led by SVV and ACT Venture Capital, this investment will support the further development of Momntum's AI infrastructure and the expansion of its omnichannel capabilities. Early indicators show strong traction with an AI success rate exceeding 85% and impressive ROI figures from early clients such as Sisu Clinic and ACTION24.
• Literal Labs: SVV's second fund, SVV2, has participated in the £4.6 million pre-seed funding round for Literal Labs-a Newcastle-based AI company led by former ARM VP Noel Hurley. Literal Labs is developing a new generation of logic-based AI models that are aiming to be significantly faster, more energy efficient and more explainable than conventional neural networks. The new funding will be used to expand its engineering team and accelerate the commercial launch of its first product, targeting applications where performance, energy efficiency, and explainability are critical, such as Edge AI and battery-powered devices.

Nicholas Lee, Director of Mindflair said:

"Mindflair is in a good financial position and has demonstrated its ability to generate significant returns from its investments. It is well placed to continue to implement its investment strategy which includes investing in exciting AI focused companies with attractive growth potential as illustrated by the two latest investments made."