EquiLibre Raises Series A at $500 Million Valuation

aiai-fundraising 2 posts · 2 accounts

EquiLibre, a Prague-based startup offering artificial intelligence for quantitative hedge funds, raised a Series A funding round at a $500 million valuation. The company was founded by three former researchers from Google DeepMind.

The financing highlights growing investor appetite for specialized machine learning tools within the quant trading sector. According to the founders, the technology was originally developed and benchmarked against human poker players before being adapted for algorithmic stock trading strategies.

From the sources (2 posts)

@johnhashim4

Three ex-DeepMind researchers built an AI that beat humans at poker. Now they're applying the same tech to stock trading. Their startup, EquiLibre, just raised a Series A at a $500M valuation. Turns out poker wasn't the endgame. It was the

@techmeme

Prague-based EquiLibre, which offers AI for quant hedge funds and is founded by three ex-Google DeepMind researchers, raised a Series A at a $500M valuation (@abracarioca / TechCrunch) (Visit Techmeme dot com for the link and full context!

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