Sure Valley Ventures’ first exit delivered a 5x return in 14 months - what happened next

Sure Valley Ventures’ first realised gain came in December 2019, when the sale of artificial intelligence company Artomatix delivered approximately five times the fund’s initial investment in 14 months. Since then, the venture capital fund has recorded further successful investments, including exits involving Getvisibility and Landvault.

More recent results, however, show a mixed picture. While some investments generated substantial returns, losses elsewhere in the portfolio weighed on Sure Ventures’ financial performance in 2026.

How Artomatix Delivered a 5x Return in 14 Months

Sure Valley Ventures invested in Artomatix in October 2018, the company developed an artificial intelligence platform that could automate the creation of 3D content.


Then in December 2019, it reached an agreement to sell the investment for a cash multiple of approximately five times the initial amount invested. Sure Ventures, which held a 25.93% interest in Sure Valley Ventures at the time, expected around €1.6 million to accrue to it from the transaction.

Gareth Burchell, a director of Sure Ventures, described Artomatix as the fund’s first realised gain and highlighted the fivefold cash-on-cash return over 14 months. Burchell said, "Artomatix is our first realised gain; to achieve a 5x cash on cash return over 14 months is very pleasing. Given our market capitalisation of circa £5 million, this is a significant return and we would like to thank the Artomatix team for their effort, ambition and commitment. Our portfolio is reaching an exciting stage in its life cycle and we look forward to 2020 on what it may bring."

Getvisibility Sale Brought Another Strong Return

Sure Valley Ventures Fund I then recorded another significant exit when cybersecurity company Getvisibility was acquired by Forcepoint in a cash transaction announced in March 2025.

The sale generated return of approximately 4.5 times the fund’s total investment, it produced £1.54 million in net proceeds for Sure Ventures when the transaction completed in April 2025, according to Sure Ventures’ 2025 annual report.

The deal added to the fund’s record of generating cash returns from its technology investments.

Landvault Deal Valued the Investment at 10 Times Its Cost

Another major portfolio development came in July 2024, when Infinite Reality agreed to acquire Landvault in an all-share transaction valued at $450 million.

Sure Valley Ventures Fund I held approximately 7.1% of Landvault. Sure Ventures’ 2025 annual report said the investment represented a return of about 10 times the original investment.

However, the transaction involved shares rather than a cash payment. The reported return was based on the value attributed to the investment, and Sure Ventures was still exploring options to create liquidity from its Infinite Reality holding when the 2025 annual report was published.

CameraMatics Deal Brought in Cash in 2026

In June 2026, CameraMatics completed a funding round of up to €49 million. The transaction generated cash proceeds for Sure Ventures while allowing it to retain indirect exposure to the business through Sure Valley Ventures Fund I.

Sure Ventures’ latest annual report recorded approximately €877,000 in net proceeds. This included €557,000 from a partial return on its CameraMatics investment and €320,000 connected to a working-capital facility repayment and coupon payment.

CameraMatics develops technology for commercial fleets, including video analytics and driver safety systems.

Napster and Nova Leah Losses Hit Latest Results

Sure Ventures’ annual report for the year ended March 31, 2026, recorded a negative 32.3% net asset value total return per share, compared with a positive 102% in the previous year.

The company attributed much of the decline to a write-down of its investment in Napster, formerly Infinite Reality, after a planned $3 billion funding round failed to materialise. It also recorded a loss associated with Nova Leah after the company entered administration, as per 2026 annual financial report.