- Internet revenue for the nine-month interval ending September thirtieth, 2020 was $13,617,124 and earnings per share of $0.18
- Accomplished an oversubscribed $6.1 Million personal placement
- Important development by Victory Sq. firms in key sectors: Digital Well being, eSports, Gaming, Crypto, AR/VR, Cybersecurity, Cloud Computing and Plant-based Sciences
- Victory Sq. spin-off, FansUnite Leisure Inc., reached $150 Million CAD market cap
- Upcoming Catalysts: Victory Sq. to spin-off V2G/GameOn and Immersive Tech for public itemizing; and launch of one-stop-shop digital well being care platform (telemedicine, digital pharmacy, at-home point-of-care diagnostic testing) in 35 U.S. States with over 10,000 Well being Care Professionals
VANCOUVER, British Columbia, Dec. 30, 2020 (GLOBE NEWSWIRE) — Victory Sq. Applied sciences Inc. (“Victory Sq.“) (CSE:VST) (OTC:VSQTF) (FWB:6F6), an organization that offers buyers entry to a various portfolio of firms in key sectors together with: Digital Well being, Gaming, Crypto, AR/VR, Cybersecurity, Cloud Computing and Plant-based Sciences, in the present day offered a company replace on a report yr so far.
Listed here are some current highlights from the Victory Sq. portfolio:
FansUnite (Vertical: Sports activities Betting, eSports, Gaming)
FansUnite (CSE:FANS)(OTCQB: FUNFF) is a world sports activities and leisure firm, specializing in know-how associated to regulated and lawful on-line gaming and different associated merchandise. FansUnite has produced a one in every of a form full iGaming platform, with a sports activities and esports focus geared for the following technology of on-line bettors and on line casino gamers. The platform consists of merchandise for pre-match betting, in-play betting, every day fantasy, content material and a licensed RNG to provide on line casino type likelihood video games. The platform operates a number of B2C manufacturers and B2B software program for the web playing trade. FansUnite additionally appears to accumulate know-how platforms and belongings with excessive development potential in new or creating markets.
December 2020 Highlights:
- Introduced an oversubscribed $11 Million personal placement
- Acquired a Gaming License and Gaming Provide License from the nation of Malta, which allows the Firm to supply B2B and B2C gaming providers all through Europe.
- Partnered up with GameCo to create the first-ever devoted esports sports activities ebook in america with Sky Ute On line casino in Colorado.
Covalent (Vertical: Fintech, Crypto)
Covalent gives a unified API to deliver full transparency and visibility to belongings throughout all blockchain networks. Covalent is constructed by a sensible group of economic analysts, information scientists, blockchain and database engineers obsessed with enhancing and scaling blockchain applied sciences. Covalent is funded by main enterprise buyers, with over a decade of experience constructing and scaling know-how firms.
CoPilot AI (Vertical: Advertising Automation, Synthetic Intelligence)
CoPilot Advisor makes use of cutting-edge synthetic intelligence know-how to assist gross sales groups robotically goal certified prospects on social media, provoke one-to-one conversations and floor well timed gross sales alternatives with out requiring any content material advertising, spam emails or promoting.
- Ranked #140 on Canadian Enterprise Journal’s 2020 checklist of quickest rising firms in Canada and #15 quickest rising firms in Vancouver
- Finalist for the Expertise Influence Awards for Firm of the Yr
- Firm achieved excessive seven-figures in annual recurring revenues together with the announcement of report gross sales revenues for Q3, new enterprise MRR and development enlargement
V2G/GameOn (Vertical: Cell Gaming, eSports)
GameOn is a gaming firm offering shoppers, broadcasters, sportsbooks, venues and model companions with interactive, social experiences round sports activities, tv and dwell occasions. GameOn drove engagement and income by way of its suite of proprietary cellular and TV applied sciences, altering the way in which followers compete, watch and win by way of free and frictionless prediction video games.
- Accomplished the acquisition of Techstars Alumni, GameOn App Inc
- GameOn landed distribution rights into Comcast houses and bars. GameOn’s tv app overlays sports activities video games to allow dwell prediction in venues all through america, driving viewership, engagement and income
- GameOn additionally labored with white-label companions together with NBC Common, Bravo and the “Actual Housewives” franchise
- Firm plans to publicly checklist for buying and selling in Q1 2021
Immersive Tech (Vertical: VR/AR/MR)
Immersive Tech designs, packages, builds and installs immersive and fascinating experiences for a number of the world’s main firms for quite a lot of functions corresponding to model engagement, income technology, and company coaching. By way of a mix of online game improvement, theme park engineering and the newest VR/AR/MR applied sciences, the corporate has amassed a portfolio of worldwide manufacturers.
- Launching new 5D expertise in 2021 – Company are transported to one in every of over a dozen Covid-19 protected VR/AR customized experiences together with: The Station, Haunted Halloween, Santa’s Village, The Temple of Doom, the Sahara Desert and extra
- Firm plans to publicly checklist for buying and selling in Q1/Q2 2021
- Gained the Startup Canada Excessive-Progress Entrepreneurship class
VS Digital Well being Inc. (Vertical: Digital Well being & Diagnostics)
VS Digital Well being is 360-degree well being care providing good, linked units, at-home diagnostic exams, personalised digital steering and monitoring, 24/7/365 entry to well being care professionals, and prescription supply.
- Launching one-stop-shop digital well being care platform (telemedicine, digital pharmacy, at-home point-of-care diagnostic testing) in Q1 of 2021
- Over 10,000 Well being Care Professionals (Medical doctors, Nurses and Well being Practitioners) in 35 U.S. States
- Providing Covid-19 Fast Antibody Checks with FDA Permission below EUA on the market & distribution in america
- Providing Covid-19 Fast Antigen Checks and Covid-19 Fast Antibody Checks with the CE Designation on the market & distribution all through the European Union
Victory Sq. Well being Inc. (Vertical: Digital Well being, Diagnostics)
Victory Sq. Well being Inc. was based in 2016 to speed up the event of personalised drugs and know-how options together with diagnostic exams to assist affected person’s care and enhance well being outcomes. Its first product, the Leishmaniasis Fast Take a look at, was developed in partnership with the UFMG, Federal College of Minas Gerais. Victory Sq. Well being took benefit of its experience within the topic to develop different antibody-based exams and a strong R&D pipelines of diagnostic kits for Hansen’s Illness, Brucellosis, HTLV and Blood samples screening exams.
Taloflow.ai (Vertical: Cloud Infrastructure, Cloud Administration)
Taloflow’s prediction engine reveals the price of each cloud course of in real-time, it’s an AI autopilot for cloud useful resource administration that saves firms as much as 40% on Amazon Internet Companies (“AWS”). Buyers embody: Victory Sq. Applied sciences; Plug and Play Ventures; Scott Belsky, Enterprise Companion at Benchmark; Ian Wong, Co-founder of Opendoor; David Tedman, co-founder of Hootsuite and Invoke; Ross Wightman, founding engineer of Avigilon; and John Seely Brown, Co-Chairman of Deloitte Edge.
Multapplied Networks (Vertical: SD-WAN)
Multapplied Networks Inc. develops and sells a proprietary Software program-Outlined Large Space Community (“SD-WAN”) platform that Cloud and Managed Service Suppliers white-label and run of their infrastructure to enhance visibility and management over end-customer experiences of their hosted, managed purposes and drive buyer acquisition, retention and model.
Form Immersive (Vertical: Augmented Actuality, 3D Ecommerce)
Form Immersive creates the worth layer of spatial computing for the world’s prime retailers and ecommerce manufacturers. Our 3D commerce answer helps our prospects enhance conversion charges, drive extra gross sales and scale back return charges with 3D and augmented actuality know-how. Purchasers embody: Nike, Amazon, Lululemon, Disney, Intel, Purple bull, TED, Uniqlo.
Aspen Applied sciences (Vertical: Cybersecurity)
Aspen is pioneering a cyber safety providing for the brand new Work-From-Dwelling (WFH) Covid-19 enterprise world. Aspen delivers entrepreneurs and enterprise professionals a approach to make sure most productiveness whereas collaborating by way of the cloud with colleagues, companions and prospects.
Develop Tech Labs (Vertical: Plant-based Science)
GTL is a Plant-Based mostly Science firm targeted on the R&D of hashish and psychoactive compounds from each plant-based compounds and fungi in addition to the event of pores and skin merchandise from plant-based derivatives.
Victory Sq. Leisure (Vertical: Movie, TV, Digital Content material)
VSE was established to strengthen the VST presence in movie, TV and different digital associated content material. VSE has three important areas of focus, script improvement, financing and manufacturing. Since inception, VSE has financed and produced three movies which embody Dragged Throughout the Concrete that includes Mel Gibson and Vince Vaughn, What They Had that includes two time academy award winner Hillary Swank and The Opening Act that includes Jimmy O. Yang, Cedric the Entertainer and Ken Jeong.
CloudAdvisors (Vertical: Insurance coverage Tech)
CloudAdvisors is likely one of the prime InsurTech options in North America, powering the next-generation of Worker Profit Advisors. CloudAdvisors join insurance coverage advisors with market information and the most effective instruments in a safe digital platform for an enhanced consumer expertise. By way of digital consumer administration, on-demand insights, automated reporting, governance and compliance, CloudAdvisors create an accessible and clever robo-advice assistant for higher insurance coverage recommendation.
Compression.AI (Vertical: Synthetic Intelligence, Machine Studying)
Accelerating companies’ digital experiences, Compression AI makes use of its proprietary neural networks to tailor compression algorithms to each enter leading to compressed information sizes as little as 10% of the originals. This leads to non-terrestrial, agriculture, vitality and manufacturing gaining the flexibility to quickly assess, audit and act on oceans of information to enhance their enterprise competitiveness.
ShopandShout (Vertical: Advertising Automation, Influencer Advertising)
Based in 2016, ShopandShout is the quickest rising Influencer Advertising Platform
in North America. ShopandShout allows you to select which manufacturers to collaborate with; giving Creators with affect of their area of interest the flexibility to develop their viewers by creating and sharing genuine branded content material that will get promoted throughout social media.
ShopandShout companions with thrilling start-ups, native companies, and world manufacturers to deliver their Creator Neighborhood quite a lot of marketing campaign alternatives. Over 55,000 inspiring Creators, and reached over 500,000,000 potential prospects for manufacturers so far.
Victory Sq. Applied sciences Inc. has entered into an engagement with Edge Investments Ltd. of Vancouver, B.C., Canada, to offer investor relations and capital markets advisory providers to the corporate. Edge will provoke and strengthen relationships with the monetary neighborhood together with shareholders, buyers, and different stakeholders for the aim of accelerating consciousness of the corporate, its a number of extremely potential mining properties, and its exploration actions.
Edge Investments: https://edge.investments/
A key a part of this mandate will give attention to growing visibility and constructing relationships with analysts, funding sellers, monetary advisers, and different funding professionals. Edge can even spearhead the Firm’s investor relations initiatives, together with its participation in funding conferences, planning and group of investor occasions, and help within the dissemination of firm information and data
The settlement with Edge has an preliminary time period of six months, for which Edge might be paid a month-to-month charge of $10,000 + relevant taxes.
Go to VictorySquare.com and join the official publication of Victory Sq. at www.VictorySquare.com/publication.
On behalf of the board,
Shafin Diamond Tejani
Chief Govt Officer
For additional details about the Firm, please contact:
Investor Relations Contact – Alex Tzilios
Media Relations Contact – Howard Clean, Director
ABOUT VICTORY SQUARE TECHNOLOGIES INC.
Victory Sq. (VST) builds, acquires and invests in promising startups, then gives the senior management and sources wanted to fast-track development.
VST’s candy spot is the cutting-edge tech that is shaping the 4th Industrial Revolution. Our portfolio consists of 20 world firms utilizing AI, VR/AR and blockchain to disrupt sectors as numerous as fintech, insurance coverage, well being and gaming.
What we do in a different way for startups
VST is not simply one other investor. With actual pores and skin within the recreation, we’re dedicated to making sure every firm in our portfolio succeeds. Our secret sauce begins with choosing startups which have actual options, not simply concepts. We pair you with senior expertise in product, engineering, buyer acquisition and extra. Then we allow you to do what you do greatest — construct, innovate and disrupt. In 24-36 months, you will scale and be able to monetize.
What we do in a different way for buyers
VST is a publicly-traded firm headquartered in Vancouver, Canada, and listed on the Canadian Securities Change (VST), Frankfurt Change (6F6) and the OTCQX (VSQTF).
For buyers, we provide early-stage entry to the following unicorns earlier than they’re unicorns. Our portfolio represents a uniquely liquid and safe approach for buyers to get entry to the newest cutting-edge applied sciences. As a result of we give attention to market-ready options that scale rapidly, we’re in a position to present sturdy and secure returns whereas additionally tapping into rising world traits with massive upsides. For extra info, please go to www.victorysquare.com.
ABOUT THE CANADIAN SECURITIES EXCHANGE (CSE)
The Canadian Securities Change, or CSE, is operated by CNSX Markets Inc. Acknowledged as a inventory trade in 2004, the CSE started operations in 2003 to offer a contemporary and environment friendly various for firms seeking to entry the Canadian public capital markets.
The Canadian Securities Change has neither accredited nor disapproved the contents of this information launch and accepts no duty for the adequacy or accuracy hereof.
This information launch comprises “forward-looking info” throughout the which means of relevant securities legal guidelines regarding the outlook of the enterprise of Victory Sq., together with, with out limitation, statements regarding future efficiency, execution of enterprise technique, future development, enterprise prospects and alternatives of Victory Sq. and its associated subsidiaries and different components past our management. Such forward-looking statements could, with out limitation, be preceded by, adopted by, or embody phrases corresponding to “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “venture”, “potential”, “attainable”, “ponder”, “search”, “purpose”, or comparable expressions, or could make use of such future or conditional verbs as “could”, “may”, “will”, “may”, “ought to” or “would”, or could in any other case be indicated as forward-looking statements by grammatical building, phrasing or context. All statements aside from statements of historic info contained on this information launch are forward-looking statements. Ahead-looking info relies on sure key expectations and assumptions made by the administration of Victory Sq.. Though Victory Sq. believes that the expectations and assumptions on which such ahead trying info relies are affordable, undue reliance shouldn’t be positioned on them as a result of Victory Sq. can provide no assurance that they may show to be appropriate. Precise outcomes and developments could differ materially from these contemplated by these statements. The statements contained on this information launch are made as of the date of this information launch. Victory Sq. disclaims any intent or obligation to replace publicly any forward-looking info, whether or not because of new info, future occasions or outcomes or in any other case, aside from as required by relevant securities legal guidelines. The Canadian Securities Change has neither accredited nor disapproved the contents of this information launch and accepts no duty for the adequacy or accuracy hereof.