Sealand Capital shares rise as partners with Vacuumlabs on Sea-Voo AI
Sealand Capital Galaxy Ltd on Wednesday said Vacuumlabs has been selected as the strategic development partner for its Sea-Voo AI Asia initiative with investee Evoo AI PLC.
Sealand Capital Galaxy is an Asia-focused digital investor that offers financial and strategic support to entrepreneurs.
Evoo AI is a London-headquartered provider of an artificial intelligence-driven luxury e-commerce platform, and Vacuumlabs is a provider of engineering, design, product development and data science services for the fintech industry.
Shares in Sealand Capital were up 20% at 1.62 pence in London on Wednesday afternoon. The stock has risen from 0.11 pence over the past twelve months, but has fallen 79% in the last month alone.
Sealand and Evoo AI’s Sea-Voo AI Asia initiative aims to deliver a ‘best-in-class luxury commerce experience’ for the Asia-Pacific region, providing consumers with a ‘curated and data-driven shopping experience powered by Evoo AI’s technology’.
Sealand Chief Executive Officer Thomas Sawyer said: ‘Selecting the right development partner is a critical step towards ensuring Sea-Voo AI Asia’s success. Vacuumlabs stood out not only for their world-class engineering capabilities but also for their experience in building scalable, high-performance platforms that blend fintech solutions with digital commerce.
‘Their ability to drive consumer engagement through seamless technology integrations made them the ideal partner for this ambitious project, and we and the Evoo team are looking forward to working with them to deliver an exceptional technology platform that drives revenue across our group of companies.’
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