InsiderMedia
3 jul 2024
IntelliAM, a South Yorkshire software company specialising in AI and machine learning in the manufacturing industry, has floated on the Aquis Stock Exchange Growth Market raising more than £5m.
Dealings in the company's shares began at 8am today (3 July 2024).
IntelliAM has raised more than £5m in the placing. On admission and completion of the acquisition of manufacturing asset management consultancy 53 North, the company had a market capitalisation of about £17.9m.
Tom Clayton, chief executive at IntelliAM, said: "We're building a world leader in AI and manufacturing productivity leveraging our rich engineering heritage in South Yorkshire.
"Our goal is to revolutionise global manufacturing, boosting output and returning prosperity to our industrial heartlands.
Read more: https://www.insidermedia.com/news/yorkshire/ai-platform-raises-more-than-5m-with-aquis-float