Tech Invest Group to invest in UK' Shuttout

Listed on NewConnect equity fund Tech Invest Group will acquire 15.03 percent stake in British Shuttout.com platform. It's a social media portal for amateur photographers which organizes photo competitions. “Shuttout.com is a unique project that is in the stage of dynamic development. The platform allows photographers not only to share the passion, but to monetize it, through organizing and participating in competitions,” said Tech Invest Group CEO Jacek Strzelecki. After acquiring the stake, Tech Invest plans to sell part of it and keep 10,84 percent shares in Shuttout.com. Tech Invest Group conducts investment activities through recapitalization, mainly non-public, entities operating in various business segments, combined with operational support for their development. TIG's investment policy is based on the search for new technology.