Italian startup Axyon AI bags 4.3M to accelerate AI-powered financial market forecasting - Silicon Canals
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Axyon AI, based in Modena, Italy, specializes in Predictive AI solutions for the investment management sector and has secured €4.3M funding led by CDP Venture Capital. This funding will enable Axyon AI to expand its AI coverage of financial markets and develop solutions for AI explainability, which is important for asset managers. With €11.9M raised since its inception, Axyon AI integrates diverse data with proprietary technology, providing insights for hedge funds and financial institutions to navigate complex market dynamics.
Axyon AI, a Modena-based company, has secured €4.3M from CDP Venture Capital to scale its AI-powered solutions for investment management.
CDP Venture Capital emphasizes AI in business, supporting innovative startups like Axyon AI as part of its strategy for Italy's industrial development.
Since its founding, Axyon AI has raised €11.9M to enhance its predictive AI services, specializing in financial market forecasts for asset managers.
The latest funding will accelerate Axyon AI's development of solutions for AI explainability, vital for investment management in today's complex financial landscape.
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