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)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Australian Dollar holds above 0.7050 as hot CPI boosts RBA hike bets
Commodity cost headwinds increase to 2.5 billions USD, Ford Motor (F.US) sees core profit edge up 4% against the trend in Q3 and raises its annual guidance lower limit
Ford's Q3 adjusted EPS exceeded expectations by 20%, and the company raised the lower end of its full-year profit guidance to $10.5 billion; however, revenue slightly missed expectations, causing shares to fall nearly 2% after hours.
