Ascend hosts investor and customer tour to Finland

Helsinki, Finland – In early May 2019 Ascend brought a delegation of Chinese and Indian business people and investors to Finland, the UK and Germany to see Ascend’s current investment portfolio and other interesting opportunities.

Ascend first brought senior executives from SAIC Motor (Shanghai Automotive) and the head of design, Eden Liang, from KD Tech, a prominent automotive supplier from China, as well as Jyotsna Sanghi, Sanghi Brothers Indore, to visit Ascend’s automotive-related investments, Canatu and TactoTek in Finland. The delegation got to meet the CEOs of both companies, discussing potential business and investment opportunities.

The delegation then went to visit Aiforia and Grundium, Ascend’s healthcare portfolio companies, to get a further understanding of Ascend’s involvement in healthcare technology. The delegation was extremely impressed, particularly with the companies’ potential applications in fast growing economies such as China and India, and were excited about the companies’ enormous potential both healthcare and even other sectors.

In Germany and Finland Ascend’s delegation also visited several autonomous driving, LiDAR and medical diagnostics companies earmarked by Ascend as promising potential investment opportunities.

The tour also led to London where the delegation also participated in The next frontier: The age of Artificial Intelligence and data revolution conference hosted in conjunction with the Norwegian government, hearing Monita Mo, Founder of Ascend Capital Partners, make key contributions on stage as part of a panel discussion.

The delegation found the tour extremely insightful, especially because it was the first time many of the participants were able to come into direct contact with truly cutting-edge technology by visiting production facilities and sample products first-hand.

Just as importantly, the delegation was able to appreciate Ascend’s rigorous approach to investing and ability to invest in the most promising technologies in the global marketplace.