Thu, Mar 28, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

Moody's, Caisse des Dépôts, Kingdom Holding of Saudi Arabia invest in French AI-based predictive analytics firm

Friday, June 01, 2018

Matthias Knab, Opalesque for New Managers:

QuantCube Technology, an AI start-up and provider of macroeconomic and financial predictive analytics based on alternative data, announced today that it has completed a Series A funding round of $5 million from Moody's Corporation and Five Capital, the investment fund sponsored by CDC International Capital (Caisse des Dépôts Group) and Kingdom Holding Company. The financing will help QuantCube Technology expand its global reach and platform development.

Through Big Data analytics and its talented team of multilingual data scientists, QuantCube Technology can make highly accurate predictions of numerous future events, including the outcome of political elections, economic growth figures, price variation of commodities and fluctuation of stock markets. CEO Thanh-Long Huynh participated at the 2018 Opalesque FRANCE Roundtable which will be published in June.

Since its creation in 2013, the French start-up has been processing billions of massive, heterogeneous and unstructured data elements in real time from all over the world, from social networks, blogs, e-commerce websites, weather forecasts, satellite imagery and more to enhance its advanced analytics capabilities.

Through the development of predictive macroeconomic and financial indicators, QuantCube Technology provides strategic economic information in the short term for investment strateg......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1