Axyon AI Closes a 3.9 Million Investment Round

Axyon AI, a fintech company that deals with predictive artificial intelligence and deep learning solutions for corporate asset managers has closed a 3.9 million euro investment round.

Of these, 2.3 million euros are in liquidity, while the remaining 1.6 million euros will be guaranteed by the conversion of the convertible notes issued in 2022 and subscribed, among others, by the Startup Rilancio Fund of CDP Venture Capital, ING Ventures and UniCredit.

The fundraising led by the US venture capital company Montage Ventures also saw the participation of The Techshop SGR, as well as other angel investors. The investment will serve to consolidate the startup’s commercial expansion and technological development initiatives.

Read more about Axyon AI and its latest financing round, and find the most important business news of the day with our companion app Born2Invest.

Axyon and AI

In 2016, Axyon AI was created to develop innovative AI-based predictive solutions dedicated to helping corporate asset managers generate winning investment strategies. By integrating advanced predictions based on AI models and active indices, Axyon enables asset managers to operate in complex market dynamics with greater precision.

“This fundraising, thanks to the partnership with Montage Ventures and The Techshop, represents a significant step forward for us – comments Daniele Grassi, CEO and co-founder of Axyon AI – For us an era of innovation and commercial expansion opens up, towards the realization of our mission and increasingly accurate and reliable AI solutions for investment management.”

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(Featured image by geralt via Pixabay)

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