Pires Investments PLC VR Education Holdings plc raises additional funds
21 Maggio 2020 - 08:00AM
RNS Non-Regulatory
TIDMPIRI
Pires Investments PLC
21 May 2020
Pires Investments plc
("Pires" or the "Company")
VR Education Holdings plc raises additional funds of EUR3
million and enters into a partnership with HTC Corporation
Pires is pleased to provide an update on its investment in Sure
Valley Ventures ("SVV") in relation to VR Education Holdings plc
("VR Education"), a company within the SVV portfolio. VR Education
is listed on AIM and Euronext Growth with ticker VRE and 6VR
respectively.
VR Education, a leading virtual reality technology company
focused on the education and enterprise training space, announced
that HTC Corporation ("HTC") has agreed to invest EUR3.0 million in
the company and enter into a strategic partnership for the
distribution and license of the company's ENGAGE platform globally
through HTC enterprise sales channels.
HTC's investment follows the success of the 2020 HTC VIVE
Ecosystem Conference which was hosted on the company's ENGAGE
platform in March 2020.
Further details about VR Education can be found at www.vreducationholdings.com .
A video interview with the founder and CEO of VR Education,
David Whelan and Nicholas Lee, director of Pires, can also be found
on the Pires website at www.piresinvestments.com.
Pires has a circa 13% interest in SVV. SVV is a venture capital
fund focused on investing in the software technology sector with a
specific focus on artificial intelligence, the internet of things
and augmented and virtual reality.
Enquiries:
Pires Investments plc
Peter Redmond, Chairman Tel: +44 (0) 20 3368 8961
Nicholas Lee, Director
Broker
Peterhouse Capital Limited Tel: +44 (0) 20 7469 0935
Duncan Vasey/Lucy Williams Tel: +44 (0) 20 7469 0936
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END
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