PANews reported on June 6 that the German investment company Heidelberger Beteiligungsholding AG announced an adjustment of its strategic focus, which will now concentrate on investing in the artificial intelligence field. As the first step of its strategic transformation, the company plans to invest 10 million euros in SQD, the native token of a rapidly growing decentralized AI data infrastructure protocol.
SQD.AI is one of the fastest-growing decentralized data platform providers globally, founded by Dr. Dmitry Zhelezov and Marcel Fohrmann in 2021. Over the past 12 months, the company's revenue has grown by over 100%, reaching millions of euros, and is considered one of the most promising innovative enterprises in the AI agent and Web3 application data indexing field.
The Apeiron group, owned by Christian Angermayer, will become a significant shareholder of Heidelberger Beteiligungsholding AG and participate in the investment in SQD. The Apeiron group has long been known for investing in innovative technology companies with breakthrough potential.
As part of this strategic adjustment, the company will hold a special shareholders' meeting to propose changing its name from Heidelberger Beteiligungsholding AG to SQD.AI Strategies AG and modify its articles of association to formally establish the new investment strategy direction. Additionally, Clemens Jakopitsch, who has already made substantial investments in SQD through the Piëch Family Office, is expected to become the chairman of the supervisory board. Jakopitsch has extensive experience in private equity investment and AI, and will play a crucial role in guiding the company's future development.
The company also plans to raise up to 50 million dollars this year to purchase more SQD tokens and strengthen its strategic layout.
It is worth noting that other SQD token holders include Peter Thiel (through Elevat3 Capital, a strategic investment platform under FoundersFund), as well as globally renowned investment institutions such as Zee Prime Capital, Hypersphere, Digital Finance Group, Anthos, Banter Capital, and Blockchange Ventures, which further highlights the project's recognition and attractiveness among top global tech investors.
