Tiger Alpha PLC has agreed to acquire Potentially, the Collective AI Company co-founded by former Social Chain MD and Flight Story co-founder Oliver Yonchev, alongside Sukhveer Sanghera, in an eight-figure transaction that brings one of the most ambitious domestic AI businesses into the public markets.
On completion, the company will be renamed Potentially AI and will trade on AIM under the ticker AGI.
The transaction places a frontier AI infrastructure company – one building the layer above OpenAI, Anthropic, and Google – at the centre of a London market often criticised for its tech aversion, and backs it with a board that includes one of the UK’s most senior former government figures on trade and investment – Lord Johnson of Lainston CBE, former UK Minister of State for Investment under two Prime Ministers, is proposed to join as a non-executive director.
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“I joined Potentially because I believe the infrastructure for the AI economy will be one of the defining opportunities of this decade. Oliver and Sukhveer have built something technically serious and commercially compelling. This transaction is the right platform for the company, and I am pleased to support it from the board,” Lord Johnson said.
Potentially was founded by Yonchev alongside Sanghera, an aerospace engineer whose career spans NASA, LedgerX, and co-founding Polymath, where he built protocols that reached a market capitalisation of over $1 billion.
Its thesis is straightforward. Five layers of AI infrastructure are being built and funded – energy, chips, cloud, models, and applications. Hundreds of billions of dollars have been invested across them. The sixth layer hasn’t: the peer-to-peer infrastructure that allows people to create with AI, protect the intellectual property they generate, and earn from it directly. Potentially says it is building that layer.
“The models exist. The applications exist. What has never been built is the layer in between – where people create, protect and earn from their work. This transaction gives us the platform to bring it to the world,” said Yonchev.
Grant Thornton UK LLP has been appointed as nominated adviser and trading in Tiger Alpha’s shares on AIM has been suspended pending publication of a re-admission document, targeting completion by 30 June, 2026.
Alongside Lord Johnson, Jonathan ‘JC’ Oliver is proposed to join the board as a non-executive director. Oliver served as global head of innovation at Microsoft and brings over 25 years of experience across enterprise technology, media, and digital innovation.
