The shareholders of Flat Capital AB (publ), 556941-0110, (the “Company” or “Flat”) are invited to an Extraordinary General Meeting on Friday, April 4, 2025, at 15:00 at the premises of KANTER Advokatbyrå at Engelbrektsgatan 3, 114 32 Stockholm. Registration begins at 14:30
Flat Capital AB (publ) (“Flat”) proposes that an extraordinary general meeting is held on 4 April 2025 to resolve on an increased issue authorization that will enable the Board to act quickly and flexibly on both new investment opportunities as well as add-on investments in Flat’s existing portfolio...
Flat Capital AB (publ) (“Flat”) invests approx. 15 MSEK in the AI voice technology company ElevenLabs (the “Company”) through the purchase of existing shares in connection with the company's latest capital round. ElevenLabs develops advanced AI-based voice and audio technologies, which are used to make voice and audio central to digital interactions. Prominent investors in ElevenLabs include Sequoia Capital, Andreessen Horowitz and ICONIQ Growth
Flat Capital AB (publ) (“Flat”) has today divested all its 525,000 shares in Truecaller to a value of approx. 41.5 MSEK, implying a return of approx. 3.8x, corresponding to an annual return (IRR) of 51%, for those who have been shareholders since Flat's IPO
Flat Capital AB (publ) (“Flat”) publishes its year-end report for 2024 where net asset value per share increased by +36% compared to the previous quarter to 10.92 SEK per share. The strong performance is mainly due to a number of positive value adjustments in portfolio holdings that have completed new capital rounds at updated valuations. The momentum we have seen in many of our portfolio companies during the quarter remains and we note a high interest in our portfolio companies, which are consistently highlighted as category leaders, especially within AI. During the quarter, three new investments were made, totaling 69 MSEK; approx. 49 MSEK in an 'AI portfolio' consisting of Chai Discovery, Speak, Anysphere (behind the product Cursor) and an undisclosed AI company, which accounts for approx. 70% of the invested amount. Furthermore, we have invested 11.7 MSEK in the existing holding Physical Intelligence and 8.5 MSEK in the AI company Magic. We continue to build Flat for the long term with strong confidence in our portfolio holdings and unique network