Vela Technologies Plc (LON:VELA)


Vela Technologies Plc is a UK-based investment business that focuses on acquiring and consolidating holdings in small and medium-sized enterprises (SMEs) within the technology field, that have recognised areas of business or sector which can be disrupted by either the use of existing technologies or development of new.  With the fall of stock market, the company is now focusing its investment across companies that are quoted on a recognized stock exchange. The company’s shares are listed on the Alternative Investment Market (AIM) Segment of the London Stock Exchange as LON: VELA.

The company initially focuses on seeking for businesses that are based in the UK or Europe with number of opportunities to acquire interest in undervalued or pre-commercialisation technologies, which would be more economical and will enhance the revenue for customers. The company acquire an equity interest in any proposed investment, which may range from minority position to full ownership and the investment may be made in either listed or unlisted companies and structured as a joint venture, direct acquisition or as a direct interest in a project.

It may also invest on opportunities which can be developed by investment of capital or where part of or all of the consideration may be satisfied by the issue of new Ordinary Shares or other securities, the investment should have some or all characteristics such as a trading history which shows past profitability or potential for capital growth and a majority of their revenue or expected revenues generated from hi-tech engineering, technology or scientific advances and helps in sector growth.

The company’s investment portfolio includes George Street Capital Limited, Mode Global Holdings Plc, Cornerstone FS PLC, Aeristech Limited, MTI Wireless, Kanado Group Plc, Revolve Technologies, WeShop and Disruptive Tech.

Contact Information

company address 15 Victoria Mews, Mill Field Road, Cottingley Business Park, Bingley, BD16 1PY, United Kingdom

company phone+44.20.76539850

company website

Similar Companies