SUI Group Co-Leads $15 Million Investment in Nof1 with Karatage
SUI Group Holdings co-led with Karatage Opportunities a $15 million funding round for Nof1, a world-class AI research lab training frontier models focused on financial markets, SUI Group has also made a strategic investment in Recursive Superintelligence's recent $650 million funding round, an AI research company building self-improving AI systems, valued at more than $4 billion. Sui Group invested $3 million in each of Nof1 and Recursive Superintelligence. Both investments were made alongside Karatage, the London-based proprietary hedge fund specializing in digital assets and emerging technology. SUI Group and Karatage made their strategic investments directly into Nof1 and, separately, into Recursive Superintelligence via a structured deal with Twin Path ventures. Karatage owns 5.63% of the common stock of SUI Group and acts as strategic advisor to the Company. Marius Barnett and Stephen Mackintosh, who are co-founders of Karatage Opportunities, serve as SUI Group's Chairman of the Board of Directors and Chief Investment Officer, respectively. The independent and disinterested members of the board of directors of SUI Group reviewed and unanimously approved SUI Group's investments in Recursive and Nof1.
