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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......................

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