Member Info for Sangijuelas1

You have to be a special type of idiot to be expecting a company that is pre-profit to be doing well in the current market turmoil.

Probably the sort that would vote for the Tory Doomsday Cult

https://tech.eu/2022/09/23/molten-ventures-backs-uk-startup-hadean-with-30-million-to-power-the-metaverse

They would need a PRIIP Key Info Document. They prepared one in July 21.

It is suggested these are done on an annual basis but I don't think that is compulsory.

On the HL app they are saying that GROW haven't provided a Key Investor Information Document but they wouldn't be required to as they are not a UCIT (open investment fund).

AJ Bell seems fine

Seems like an important development at Aiven in their bid to deploy open source tools to challenge the market dominance of $60 bn mcap data warehousing company Snowflake.

https://aiven.io/press/Aiven%20Enters%20Data%20Warehousing%20Market%20with%20Aiven%20for%20ClickHouse%C2%AE%20Beta

Aiven's advantage lies in giving companies an open source alternative to companies and developers not wanting to tie themselves down to expensive contracts with the extremely sticky Snowflake solutions.

Open source anaytics and other software are incompatible with Snowflake proprietary systems so the Aiven option will allow for more flexibility and the benefits of innovation.

Snowflake was referenced in an FT article today about the prospects for growth companies as an example of being in a cloud data sector where regardless of macro and geopolitical issues demand remains very high.

This article references Aiven's bid to challenge Snowflake
https://siliconangle.com/2022/07/15/aivens-managed-database-aims-provide-friction-free-development-environments-awssummitny/

https://www.moltenventures.com/news/molten-ventures-co-leads-23-million-series-c-in-focalpoint

New partnership with Iceye strategic investor BAE Systems to facilitate BAE's Azalea satellite cluster.

https://spacenews.com/bae-systems-developing-multi-sensor-satellite-cluster-for-military-intelligence/

https://www.iceye.com/press/press-releases/iceye-to-provide-radar-imaging-satellite-for-bae-systems-new-multi-sensor-satellite-constellation

In addition to the news last month that Iceye has provided a satellite to Ukraine. One source said this was $17m but not verified by the company. These added to the 2 satellites already sold to the Brazilian government and launched earlier this year.

https://www.iceye.com/press/press-releases/iceye-signs-contract-to-provide-government-of-ukraine-with-access-to-its-sar-satellite-constellation

As well as the defence contracts Iceye continues to work at developing its business deploying satellite coverage for the insurance industry especially for flood monitoring.

https://ffnews.com/newsarticle/exclusive-iceye-launches-geospatial-analysis-platform-iceye-flood-insights/

Decent write up
https://www.thetimes.co.uk/article/c98efd96-222a-11ed-bb7e-0eb11fc7ccd4?shareToken=363ca213cd6d88394567488db7f1b703

Looks like a decent commercial opportunity

https://www.graphcore.ai/posts/pienso-and-graphcore-empower-business-with-deeper-faster-ai-insights?utm_content=217359782&utm_medium=social&utm_source=twitter&hss_channel=tw-764088549230702592

https://www.endomag.com/story/bringing-it-home-how-sentimag-transformed-axillary-surgery-for-patients-on-the-small-island-of-guernsey/

The hedge fund Man Group ($142bn AUM) have been trialling Graphcore IPUs in their quant trading strategies.

Quant funds tend to use CPUs rather than faster GPUs due to their flexibility when dealing with multiple vectors. However, the Graphcore IPU was 22 times faster than Man's existing tech.

https://www.graphcore.ai/posts/man-group-unlocks-massively-parallel-option-pricing-with-graphcore-ipu

Article in yesterday's FT about Man Group fund performance. Apparently their AI quant funds have been the best performers since the start of the year with AHL Diversified Fund up 17%.

If successful here, this is a space where other quant fund managers would not want to be left behind, if Man adopt the tech.

Looking to raise $100m at a higher valuation than the last, which was $1.5bn.
https://www.bloomberg.com/news/articles/2022-07-30/crypto-wallet-maker-ledger-seeks-new-funding-at-higher-valuation

GROW is just a regular plc. The VCT is a separate offering and is down as MVCT

https://www.moltenventures.com/news/molten-ventures-leads-15m-seed-round-in-altruistiq

Changes at the top

https://www.standard.co.uk/business/fashion-platform-lyst-promotes-mcferran-to-ceo-b1012022.html

Plan coming together. Another launch site in place.

https://www.isaraerospace.com/press/isar-aerospace-selected-to-be-first-privately-funded-launch-services-company-flying-satellites-from-guiana-space-centre

Making use of funding from earlier in the year

https://www.360dx.com/point-care-testing/paragraf-embark-study-graphene-based-test-guide-antibiotic-treatment-selection#.YtfRMezTVkx

Lots of 1 star as no one can get the app to connect to their wi fi

Still only 10k downloads

The last TR1 was at the beginning of March. Strange with all the SP volatility since then.