Merging AI & Traditional Business Unlock Limitless Potential
: AIV teams up with Phoenix Capital to launch funding programme for boosting traditional business models with AI
Kuala Lumpur, Malaysia, 19 Jan 2024 – A monumental collaboration between AIV50, a prominent Singapore-based venture studio, and Phoenix Capital, headquartered in Malaysia, promises to reshape the integration of AI in traditional businesses. This strategic partnership introduces a series of events, including AI Ventures Series webinars and the exclusive AI Fund Dialogue VIP Series, culminating in the launch of the highly anticipated AI Venture Fund.
The core of this collaboration centers on M&A and Listing strategies, propelling traditional businesses into comprehensive transformations through the infusion of AI assets, innovative business models, and strategic market positioning. Fundraising initiatives will not only support organic expansion but also facilitate takeovers of Public Limited Companies (PLCs), with potential listings on NASDAQ, ensuring early investors a clear exit strategy.
Post-listing, collaborative efforts will extend to acquiring stakes in additional traditional businesses, fostering rapid expansion and digital transformation. The R&D innovation focus spans vertical and horizontal dimensions, promising new market expansions through strategic partnerships. The AI Venture Fund portfolio companies’ fundamentals are carefully managed to achieve : higher-than-expected earnings announcements, new contracts, and onboarded projects each quarter – marking the post-listing era with a wave of success.
Prof M Nazri, Chairman of AIV50, expressed confidence, stating, “This partnership is a bold leap into a future where AI and traditional businesses harmonize for unprecedented growth. Our collaboration with Phoenix Capital sets the stage for a transformative journey.”
John Lim, CEO of Phoenix Capital, added, “This partnership aligns with our vision of reshaping industries. We are excited to leverage AIV50’s expertise to fuel our ventures and bring about substantial changes in the business landscape.”
By joining forces, AIV50 and Phoenix Capital aim to revolutionize the landscape for AI ventures. This synergistic partnership is poised to become a catalyst for groundbreaking innovation, propelling the development of next-generation solutions that tackle crucial challenges across diverse industries.
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About Phoenix Capital Advisory
Founded by John Lim, Phoenix Capital Advisory Sdn Bhd to provide capital consulting services and connect entrepreneurs with venture capital, private equity, and private funders. John is a visionary entrepreneur with extensive experience in sales, marketing, business consulting, and capital operations across various industries. He is dedicated to exploring possibilities in the financial sector and laying a solid foundation for the future of the business world.
About AIV50
AIV50 is part of a joint venture project betweeen MyFinB Group and VSC Portfolio Holdings, a Singapore-based venture building and AI accelerator company that specializes in developing and commercializing AI technologies across 10 verticals. Our proprietary Generative AI technology stems from our expertise in Natural Language Generation and Understanding, that is able to generate predictive and prescriptive narratives to aid in decision making processes.
www.aiv50.com
