Axyon AI soars high, propelling asset management with €3.9m boost.

January 24, 2024
1 min read

Axyon AI, an Italian AI company specializing in asset management, has raised €3.9m in a funding round led by US-based venture capital firm Montage Ventures. The funding will be used to accelerate the company’s commercial and technological growth, allowing for further advancements in its AI-powered solutions for asset managers. Axyon AI uses AI-powered insights and active indices to help asset managers make more informed decisions and navigate complex market dynamics. The company’s CEO expressed enthusiasm about the funding round, noting that it will support the company’s vision of providing accurate and reliable AI solutions for investment management. The managing director of Montage Ventures highlighted the transformative potential of AI in asset allocation and commended Axyon AI’s role in this transition.

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