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Today: November 22, 2024
January 26, 2024
1 min read

Italian Fintech Axyon AI Secures Major Funding led by Montage Ventures

Axyon AI, an Italian fintech company specializing in AI-driven predictive solutions for asset management, has closed its latest funding round led by US-based venture capital firm Montage Ventures. The €3.9 million capital injection will support Axyon AI’s commercial expansion and technological development initiatives. Axyon AI integrates AI-powered insights and active indices to help asset managers navigate complex market dynamics. The funding will provide €2.3 million in new cash, with the remaining €1.6 million secured through convertible notes issued in 2022. Axyon AI was founded in 2016 and aims to revolutionize the asset management industry with cutting-edge AI technology.

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