Sceal Ventures Fund I wrote down its investment in PCH International to zero at the end of December 2023 after putting $5.7 million of its funds into the global supply chain company.  The fund said it believed that PCH was “high potential”, but told investors last month that it had marked down its investment in PCH at the end of 2023 due to “restructuring and value to be unlocked in 2024”.  Sceal Ventures has invested $12.7 million across 21 privately owned technology firms, but more than 40 per cent of its funds are in PCH or its associated entities. Sceal…

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