AI quant platform AlphaNet completes $10 million seed round led by Joffre Capital

Odaily reports that the institutional-grade quantitative AI trading platform AlphaNet has announced the completion of a $10 million seed funding round, led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. This round of funding will support AlphaNet’s transition from an invite-only whitelist model to a public platform launch. AlphaNet was incubated by the Asian proprietary trading firm Tensor Investment and positions itself as an institutional-grade “systematic alpha” trading platform, aiming to provide retail users with trading capabilities previously accessible only to institutions. (Decrypt)