Substrate Artificial Inteligence, S.A.

SAI

ES0105650008

IT Services & Consulting

Market Closed - BME Other stock markets 11:35:22 2024-04-29 am EDT			5-day change	1st Jan Change
0.162 ^EUR	-3.69%		-4.48%	-28.63%

Apr. 11	Substrate Artificial plans three AI-focused IPOs; eyes swing to profit	AN
Mar. 21	Substrate reports investment round for Subgen AI unit	AN

Substrate reports investment round for Subgen AI unit

March 21, 2024 at 04:12 pm EDT

Substrate Artificial Inteligence SA - Madrid-based firm which creates, buys and scales firms providing artificial intelligence services in fintech, agritech, energy, human resources, and health sectors - Enters into deal with Californian investment bank GT Securities to "identify potential investors or partners" for Substrate unit Subgen AI Ltd and raise EUR10 million. The agreement value the generative artificial intelligence unit at EUR200 million. "The investment round will be raised among investors and international funds introduced by GT Securities," Substrate says.

Substrate's 'B' shares were admitted to trading on the AQSE Growth Market back in October, followed by its 'A' class shares in December.

Current 'B' stock price: 23.50 pence

change since October 10: up 4.4%

By Eric Cunha, Alliance News news editor

Comments and questions to newsroom@alliancenews.com

Latest news about Substrate Artificial Inteligence, S.A.

Substrate Artificial plans three AI-focused IPOs; eyes swing to profit	Apr. 11	AN
Substrate reports investment round for Subgen AI unit	Mar. 21	AN
Substrate Artificial Inteligence, S.A. announced that it expects to receive ?200 million in funding	Mar. 20	CI
Substrate issue bonds under Global Corporate Finance pact	Mar. 20	AN
Substrate AI snaps up further interest in Binit Group parents	Mar. 12	AN
Substrate Artificial Inteligence, S.A. additional 21% stake in Binit SRL/Deltanova SA for ?2.1 million.	Mar. 11	CI
Avacta plans fundraise to fund clinical development	Feb. 28	AN
Apax opts against lifting offer; DCI enters loan deal	Feb. 09	AN
Substrate AI to Launch EUR15 Million Share Repurchase Program	Jan. 26	MT
Substrate Artificial Inteligence forecasts wider 2023 loss	Dec. 28	AN
AQSE snares another AI listing with vision-based Kondor AI	Dec. 21	AN
Substrate AI receives EUR2.0 million equity investment	Dec. 19	AN
Substrate AI gets EUR2 million investment from Impulse	Dec. 19	AN
Substrate Artificial Inteligence, S.A. announced that it has received ?2 million in funding from IMPULSE Tech Transfer	Dec. 18	CI
Substrate Artificial Inteligence, S.A. Reports Earnings Results for the Half Year Ended June 30, 2023	Nov. 06	CI
Substrate AI Inks EUR6 Million Deal to Acquire Majority Stakes in Binit, Deltanova	Nov. 03	MT
Substrate Artificial Inteligence, S.A. completed the acquisition of 70% stake in BINIT SRL and DELTANOVA SA.	Nov. 02	CI
Substrate Artificial Inteligence, S.A. agreed to acquire 70% stake in BINIT SRL and DELTANOVA SA for ?6 million.	Nov. 02	CI
Spain's Substrate AI Commences Trading on AQSE Growth Market	23-10-10	MT
Substrate AI S.A. acquired Ps Vet Dairyquality SL for ?1.2 million.	23-08-03	CI
Substrate AI S.A. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-09	CI
Substrate AI S.A. Reports Earnings Results for the Half Year Ended June 30, 2022	22-11-23	CI
Substrate AI S.A. acquired 70% stake in Fourth Dimension Medical Company -Egypt for €1.4 million.	22-05-18	CI
Substrate AI S.A. acquired Cuarta Dimension Medica Sociedad Limitada €1.4 million.	22-05-18	CI
Substrate AI S.A. has completed an IPO in the amount of €94.6 million.	22-05-17	CI

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Company Profile

Substrate Artificial Inteligence SA is a Spain-based digital solutions provider. The Company's activities include Computer programming, The design of structures and the content and the writing of the computer code necessary to create and implement: Programs for systems, Computer applications, Databases, Web pages (including patches and updates). The Company works towards client's customized software requirements. Furthermore The Company provides preparation of investment reports and financial analyses or other forms of general, non-customized recommendations relating to transactions in financial instruments, and financial mediation services, including the channeling of such transactions, taking all the necessary steps with the authorities, entities, financial intermediaries and notaries that must intervene, including the control and follow-up of the actions.

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IT Services & Consulting

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2024-04-29 - Q4 2023 Earnings Release

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Sector Computer Programming

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Computer Programming

Substrate Artificial Inteligence, S.A.

Equities

SAI

ES0105650008

IT Services & Consulting

Substrate reports investment round for Subgen AI unit

Latest news about Substrate Artificial Inteligence, S.A.

Chart Substrate Artificial Inteligence, S.A.

Company Profile

Income Statement Evolution

Ratings for Substrate Artificial Inteligence, S.A.

EPS Revisions

Annual profits - Rate of surprise

Sector Computer Programming