Shares in Catenai rose 5% in early trading on Monday after the company highlighted fresh progress by portfolio company Alludium, which has secured places on major tech startup programmes run by Amazon and Atlassian.
Alludium, an AI-focused platform business, has joined AWS Activate, Amazon Web Services' support programme for startups, and the Atlassian for Startups scheme, aimed at improving team collaboration and productivity.
Both partnerships are designed to support Alludium’s efforts to scale its infrastructure and integrate AI more deeply into enterprise software environments.
The update follows Alludium’s recent acceptance into Nvidia’s Inception programme for early-stage AI companies. Catenai said these developments confirm Alludium’s ability to operate at a higher level than standard developer programmes.