Nvni Group Limited (Nasdaq: NVNI) (“Nuvini”), the leading serial
acquirer of private SaaS B2B companies in Latin America and
Semantix, Inc. (Nasdaq: STIX), a leading Latin American enterprise
AI platform and applications provider, (“Semantix”) proudly
announce a strategic partnership.
With a shared vision of leveraging the potential
of Artificial Intelligence (“AI”), both companies are set to embark
on an exciting journey to enhance and optimize the operations of
Nuvini's portfolio of companies.
Under the leadership of Leonardo dos Santos,
Semantix has assembled a highly experienced team of AI Experts.
"We are thrilled to collaborate with Nuvini in
this transformative venture," expressed Leonardo dos Santos,
Founder and CEO of Semantix. "Nuvini's diverse portfolio offers a
unique opportunity to implement our AI-driven solutions, enhancing
customers’ efficiency, productivity, and decision-making process.
This partnership is not only a chance for us to provide value to
Nuvini, but also an opportunity to learn from new challenges,
develop innovative use cases, and accelerate Semantix’s reach
across various industries while also accelerating AI and GenAI
adoption in a plethora of different businesses."
Nuvini is the leading serial acquirer of
profitable B2B SaaS businesses throughout Latin America, and their
portfolio of companies spans 7 businesses across multiple sectors.
The partnership aims to apply the power of AI harnessed by Semantix
to optimize and drive innovation in these companies. As the
collaboration unfolds, Semantix’s AI Experts will work closely with
Nuvini's leadership to identify AI applications that align with
each company's unique needs and objectives.
Nuvini´s Founder and CEO, Pierre Schurmann,
shared their enthusiasm for the partnership, stating, "We are
excited to collaborate with Semantix in implementing AI solutions
that have the potential to revolutionize the way our businesses
operate. AI technology represents the future, and we are confident
that this partnership will empower our companies to thrive in a
rapidly evolving landscape."
The partnership is set to commence in November
2023, and both parties are committed to ensuring a smooth and
effective integration of AI solutions across Nuvini's business
entities. The goal is to achieve greater operational efficiency,
data-driven decision-making, and a competitive edge in Nuvini's
respective industries, by providing AI Applications and AI
Solutions powered by Semantix.
About Nuvini
Headquartered in São Paulo, Brazil, Nuvini is
the leading private serial software business acquirer in Latin
America. The Nuvini Group acquires software companies within SaaS
markets in Latin America. It focuses on acquiring profitable
“business-to-business” SaaS companies with a consolidated business
model, recurring revenue, positive cash generation and relevant
growth potential. The Nuvini Group enables its acquired companies
to provide mission-critical solutions to customers within its
industry or sector. Its business philosophy is to invest in
established companies and foster an entrepreneurial environment
that would enable companies to become leaders in their respective
industries. The Nuvini Group’s goal is to buy, retain and create
value through long-term partnerships with the existing management
of its acquired companies. To date, Nuvini Group’s portfolio of
SaaS companies consists of Effecti Tecnologia Web Ltda., Leadlovers
Tecnologia Ltda., Ipê Tecnologia Ltda., Dataminer Dados,
Informações e Documentos Ltda., OnClick Sistemas de Informação
Ltda., Simplest Software Ltda. and SmartNX Tecnologia Ltda.
For more information, visit www.nuvini.co
About Semantix
Founded in 2010, Semantix, Inc., provides
end-to-end proprietary Software as a Service (SaaS) AI platform and
AI applications in Latin America and the United States. The company
offers a complete platform for companies to leverage AI in their
business, providing data integration, data operations and analysis,
machine learning operations and a Generative AI platform.
Additionally, Semantix offers AI applications for specific use
cases in industries such as retail, agribusiness, health and
finance. The company also provides artificial intelligence and data
analytics services, including consulting, cloud monitoring, data
integration, data science, and data engineering. For more
information, please visit ir.semantix.ai.
Forward-Looking Statements
Some of the statements contained in this press
release include or may include “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Exchange Act of 1934, as amended,
which are intended to be covered by the safe harbors created by
those laws. These forward-looking statements include, but are not
limited to, statements regarding the expectations, hopes, beliefs,
intentions or strategies regarding the future. The forward-looking
statements contained in this press release are based on current
expectations and beliefs concerning future developments and their
potential effects on Nuvini. There can be no assurance that future
developments affecting Nuvini will be those that we have
anticipated. Where a forward-looking statement expresses or implies
an expectation or belief as to future events or results, such
expectation or belief is expressed in good faith and believed to
have a reasonable basis. All statements other than statements of
historical fact may be forward-looking statements. The words
“anticipate,” “believe,” “estimate,” “expect,” “intend,”
“forecast,” “outlook,” “aim,” “target,” “will,” “could,” “should,”
“may,” “likely,” “plan,” “probably” or similar words may identify
forward-looking statements, but the absence of these words does not
mean that a statement is not forward-looking. Forward-looking
statements contained in this press release include, but are not
limited to, statements about the ability of Nuvini to: realize the
benefits expected from this strategic partnership; achieve
projections and anticipate uncertainties relating to the business,
operations and financial performance of Nuvini, including (i)
expectations with respect to financial and business performance,
including financial projections and business metrics and any
underlying assumptions, (ii) expectations regarding market size,
future acquisitions, partnerships or other relationships with third
parties, (iii) expectations on Nuvini’s proprietary technology and
related intellectual property rights, and (iv) future capital
requirements and sources and uses of cash, including the ability to
obtain additional capital in the future; enhance future operating
and financial results; comply with applicable laws and regulations;
stay abreast of modified or new laws and regulations applying to
its business, including privacy regulation; anticipate rapid
technological changes; and effectively respond to general economic
and business conditions.
While forward-looking statements reflect
Nuvini’s good faith beliefs, they are not guarantees of future
performance. Nuvini disclaims any obligation to publicly update or
revise any forward-looking statement to reflect changes in
underlying assumptions or factors, new information, data or
methods, future events or other changes after the date of this
press release, except as required by applicable law. For a further
discussion of these and other factors that could cause Nuvini's
future results, performance or transactions to differ significantly
from those expressed in any forward-looking statement, please see
the section “Risk Factors” of the Form F-4 most recently filed by
Nuvini with the U.S. Securities and Exchange Commission. You should
not place undue reliance on any forward-looking statements, which
are based only on information currently available to Nuvini.
For further information or media inquiries regarding this
partnership, please contact:
Investor ContactAdriano AlcaldeChief Financial
Officer & IRir@semantix.ai
Press
Contactsemantix@rpmacomunicacao.com.br
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