TLDR:
- Italian company Axyon AI has secured €3.9m ($4.4m) in an investment round led by venture capital firm Montage Ventures and participated in by Techshop SGR and other angel investors.
- The funding will be used to expand Axyon’s AI innovations for asset managers, as the company seeks to revolutionise the asset management industry with its cutting-edge technology.
Italian company Axyon AI has raised €3.9m ($4.4m) in investment to expand its AI innovations for the asset management industry. The funding round was led by Montage Ventures and included participation from Techshop SGR, as well as other angel investors. Axyon AI has been at the forefront of delivering advanced AI-driven predictive solutions since its inception in 2016. The company plans to use the capital to support commercial expansion and further technological development, enabling it to provide accurate and reliable AI solutions for investment management.