SNGLR Capital announces strategic investment from Ayre Ventures

LONDON, June 5, 2023 — SNGLR XTF Fund, an exponential technology-focused venture capital fund, is pleased to announce a key investment from Ayre Ventures, one of the leading blockchain investors with a particular focus on utility and unlimited scalability in blockchain.

SNGLR XTF mainly invests in early-stage European technology start-ups with exponential growth potential in sectors such as longevity and smart mobility and smart cities, enabled by technologies such as AI, Blockchain, Data (IoT; API), 5G, robotics and others.

Dr. Daniel Diemers, co-founder of SNGLR Group, said “We are delighted to have Ayre Ventures as a key partner and investor in SNGLR XTF. Their experience in investing in blockchain, with a key focus on utility and scalability on BSV Blockchain, will be of high value to us.

Dr. Diemers added “Our team has vast experience as founders, early technology investors, board members, advisors, mentors and coaches. Along with our own deep technological insight, we also have a unique venture building model involving select corporate venture entities and consulting firms with strong market access and technological capabilities As such, we are well positioned to help entrepreneurs through all the ups and downs of their journey.

Ayre Ventures founder Calvin Ayre said “BSV is the only blockchain with the scaling capacity to realize the potential of technologies that require high volumes of low-cost data transactions, including the Internet of Things and longevity, sectors that are in exponential growth. SGNLR XTF focuses on companies with the same capacity for exponential growth and I am delighted to partner with them and explore all that BSV has to offer”.

About SNGLR Capital

SNGLR Capital is the venture capital unit of SNGLR Group and is focused on investments in the longevity and smart mobility/smart cities sectors, and leading exponential technologies such as blockchain and AI. The team advises the SNGLR XTF fund, based in Guernsey, Channel Islands, which invests in early stage technology startups across Europe.

About Ayre Ventures

Ayre Ventures, founded by renowned entrepreneur and philanthropist Calvin Ayre, provides capital to high-growth scalable businesses within the BSV blockchain ecosystem, the only infinitely scalable public enterprise blockchain. The group targets investments in innovative ideas and ambitious projects that are “positively disruptive”, and supports their expansion with the group’s extensive network and industry partners.

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