Interview with Frank Furnari, CEO at ARuVR

Symvan's Nina Carr interviews ARuVR's CEO & founder, Frank Furnari.

ARuVR is a portfolio company of the Symvan Technology SEIS Fund 3 and the Symvan Technology EIS Fund.

They highlight how ARuVR's patented platform allows their enterprise customers to deploy immersive training across the organisation and how Extended Reality (XR) is becoming commonplace for customers in a variety of industries.

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Risk Summary

An investment in any of the Symvan Technology SEIS Fund 3 or the Symvan Technology EIS Fund (the "Funds") is subject to a number of risks.

The investment described in the Memorandum will not be suitable for all investors. All potential Investors are accordingly advised to consult an investment adviser authorised under FSMA, and an appropriately qualified taxation adviser, prior to making an investment.

Before making any investment decision, prospective Investors should consider carefully the risks attaching to an investment in the Funds together with all other information contained in the Memorandum, including in particular, and not limited to, the risk factors described therein. Additional risks and uncertainties not presently known to the Manager or those that the Manager currently considers to be immaterial, may also have an adverse effect on the business or affairs of the Portfolio Companies. Investors should consider carefully whether an investment in the Fund is suitable for them in the light of the information in the Memorandum and their personal circumstances.

All prospective Investors should be aware that as the Funds will invest in unquoted companies, the value of Shares in each company can fluctuate. In addition, there is no guarantee that the valuation of Shares in a company will fully reflect their underlying net asset value, or that Investors will be able to buy and sell at that valuation or at all. The value of an Investment may go down as well as up and an Investor may not get back the full amount invested.

Any investment in the Funds should be regarded as being medium to long term in nature. The companies in which the Funds invest will not be quoted on any regulated market and, accordingly, there will not be an established or ready market for any such shares. It may be difficult to obtain information regarding how much an investment is worth or how risky it is at any given time and the Manager may experience difficulty in realising the investments (for value or at all).

The tax treatment referred to depends on the individual circumstances of each Investor and may be subject to change in future. In addition, the availability of any tax reliefs depends on the companies in which the Funds invest maintaining their qualifying status. Past performance is not a guide to future performance and may not be repeated.