Performance Technologies has invested in the Irish company Continuous Software. Specifically, PT participated in the capital increase of CS with the amount of 500,000 euros, acquiring a 5% stake in the share capital of CS.

Headquartered in Dublin, Ireland, with offices in London, Istanbul, Riyadh, and Toronto, CS specialises in Project Portfolio Management (PPM) technology. With its Aangine platform, which is based on artificial intelligence, it offers advanced capabilities for managing complex projects. It aligns teams, budgets, and schedules with the organization's strategic goals while identifying and resolving resource demand conflicts and recommending optimal scheduling that maximizes business value.

PT's decision to participate in the first seed financing round of €2 million, which also included a system integrator and venture capital from Saudi Arabia, was based on the innovation and value of CS's technology, which is already integrated into PT's solution portfolio. This partnership supports PT's mission to provide its customers with tools that improve strategic resource management and efficiency in the execution of complex projects. The aangine platform has already been deployed by enterprise customers in Greece, achieving significant improvements in functionality and strategic decision making.

Alongside its participation in CS's capital increase, PT will have a seat on the company's five-member Board of Directors and the opportunity to further invest in the second phase of funding within 12 months, with the potential to increase its stake up to 12.5%.