Sure Ventures PLC results out18 Jul 2025 10:28
For the year to 31 March 2025, the Company delivered a net asset value (NAV) total return per share of 113% (31 March 2024: -31.25%), a remarkable turnaround and a result that exceeds the Company's expectations.
This performance was driven by two key exits from the Fund I portfolio (further described below):
Β· In July 2024 Infinite Reality acquired Landvault in an all-share transaction valued at US$450m. Fund I held a 7.1% of Landvault delivering a c10x return on the original investment in Landvault. The valuation was further supported by Infinite Reality's US$3bn cash funding round from a private investor in January 2025, and its reported valuation exceeded US$12bn by the year end.