SNGLR Capital announces strategic Investment from Ayre Ventures

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09.06.2023
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Ayre Ventures, one of the leading blockchain investors with a particular focus on utility and scaling in blockchain, invests in the SNGLR XTF Fund. The fund is focussed on European early-stage technology start-ups with exponential growth potential in sectors such as longevity and smart mobility & smart cities, enabled by technologies such as AI, Blockchain, Data (IoT; API), 5G, robotics and others.

Basel-based SNGLR Capital is the venture capital entity within SNGLR Group and is focused on investments in the sectors longevity and smart mobility/ smart cities, and leading exponential technologies such as blockchain and AI. Daniel Diemers, Co-Founder of SNGLR Group, said "We're delighted to have Ayre Ventures as a key partner and investor in SNGLR XTF. Their experience investing in blockchain, with a key focus on utility and scalability on the BSV Blockchain, will be of high value to us".

Daniel Diemers added "Our team has tremendous experience as founders, early-stage tech investors, board members, advisors, mentors and coaches. Along with our own deep technological insights, we also have a unique venture building model involving selected corporate venture units and consulting firms with strong market access and technological capabilities. As such, we're positioned very well to help entrepreneurs through all ups and downs of their journey".

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