VCI Global Expands AI Portfolio with Strategic Investment in Innovative AI Agents Startup - Marvis
31 December 2024 - 12:48AM
VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”),
today announced that its investment holding arm for artificial
intelligence (AI) portfolios, VC AI Limited (“VC.AI”) has invested
in Marvis Inc., a Delaware corporation (“Marvis”), an innovative AI
startup company, pioneering advanced digital clone AI technology.
This investment was made through a Simple Agreement for Future
Equity (SAFE), which provided VC.AI to receive Marvis’ equity in
the next financing round. The current seed funding round is capped
at a valuation of US$30 million. This investment reinforces VCI
Global’s commitment to expanding its AI portfolio and fostering
innovation in emerging technologies.
Marvis specializes in harnessing proprietary AI
models to create advanced AI digital clone agents (“AI agents”)
that automate and replicate routine tasks. By offloading repetitive
work to these AI agents, users can concentrate on higher-value,
strategic initiatives, thereby boosting productivity and driving
innovation. Founded and led by Masaaki Hatano, a serial
entrepreneur with a proven track record—including the recent sale
of DFA Robotics KK for over JPY 3.5 billion, delivering a
remarkable 126x return for early investors.
Prominent advisors such as Google LLC, Intel
Corporation, and International Business Machines (IBM) Corporation,
alongside Techstars, have expressed strong interest in supporting
Marvis’ vision. Operating in November 2024, Marvis plans to list on
NASDAQ in 2028, with a market capitalization of US$20 billion.
Marvis is currently raising up to US$5 million in its seed funding
round, presenting a compelling opportunity for investors.
According to Markets and Markets, the global AI
agents market size was valued to reach over US$55 billion in 2030
and is expected to grow at a CAGR of around 45% from 2024 to 2030.
This rapid growth is being driven by increasing demand for
automation, advancements in Natural Language Processing (NLP), and
a rising need for personalized customer experiences. Marvis is
strategically positioned to capitalize on this trend, offering an
affordable and accessible alternative to traditional Robotic
Process Automation (RPA) solutions. Furthermore, strategic
partnerships with leading companies such as Toshiba Tec Malaysia,
Hitachi Global, and NTT Data Group further bolster Marvis’
potential for widespread adoption and large-scale
implementation.
“This is just the beginning for Marvis, the AI
agents set to transform the world. By 2028, Marvis will empower
humanity to break free from both digital and physical tasks,
offering unprecedented relief and freedom,” said Masaaki Hatano,
Co-CEO of Marvis.
“We see 2025 as the year of AI agents and are
fully committed to capitalizing on this dynamic industry. We look
forward to investing in innovative AI startups, positioning VCI
Global at the forefront of this transformative technology,” said
Dato’ Victor Hoo, Group Executive Chairman and Chief Executive
Officer of VCI Global.
About VCI Global Limited
VCI Global is a diversified holding company
headquartered in Kuala Lumpur, Malaysia. The Company operates
through five core businesses: Capital Market Consultancy, Fintech,
Real Estate, AI & Robotics, Renewable Energy and Cybersecurity.
In Capital Market Consultancy, we provide IPO solutions, investor
relations (IR) and public relations (PR) consultancy, and M&A
consultancy. Our Fintech arm offers a proprietary financing
platform. In Real Estate, we offer specialized real estate
consultancy services. The AI business delivers GPU servers, GPU
cloud computing services, AI and large language model (LLM)
solutions, while the Robotics segment focuses on post-harvest
robotics systems. Our Cybersecurity segment provides comprehensive
cybersecurity consultancy services and solutions. Committed to
fostering innovation and delivering exceptional value, VCI Global
has established a strong presence across the Asia-Pacific region,
the United States, Europe, and the Middle East, driving growth and
transformation on a global scale.
For more information on the Company, please log on to
https://v-capital.co/.
Cautionary Note Regarding Forward-Looking
Statements
This press release contains forward-looking
statements that are subject to various risks and uncertainties.
Such statements include statements regarding the Company’s ability
to grow its business and other statements that are not historical
facts, including statements which may be accompanied by the words
“intends,” “may,” “will,” “plans,” “expects,” “anticipates,”
“projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,”
“potential” or similar words. These forward-looking statements are
based only on our current beliefs, expectations, and other future
conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks, and
changes in circumstances that are difficult to predict and many of
which are outside of our control. Therefore, you should not rely on
any of these forward-looking statements. Actual results could
differ materially from those described in these forward-looking
statements due to certain factors, including without limitation,
the Company’s ability to achieve profitable operations, customer
acceptance of new products, the effects of the spread of
coronavirus (COVID-19) and future measures taken by authorities in
the countries wherein the Company has supply chain partners, the
demand for the Company’s products and the Company’s customers’
economic condition, the impact of competitive products and pricing,
successfully managing and, general economic conditions and other
risk factors detailed in the Company’s filings with the United
States Securities and Exchange Commission (“SEC”). The
forward-looking statements contained in this press release are made
as of the date of this press release, and the Company does not
undertake any responsibility to update the forward-looking
statements in this release, except in accordance with applicable
law.
CONTACT INFORMATION:
For media queries, please contact:
Landon Capitalinfo@landoncapital.net
VCI Global (NASDAQ:VCIG)
Historical Stock Chart
From Dec 2024 to Jan 2025
VCI Global (NASDAQ:VCIG)
Historical Stock Chart
From Jan 2024 to Jan 2025