Axyon AI, an Italian startup that provides predictive AI-powered solutions for the investment management sector, has raised €4.3M in funding led by CDP Venture Capital, with participation from other investors including Green Sands Equity and Montage Ventures.
CDP Venture Capital manages over €3B in resources and focuses on supporting innovative enterprises, with a particular interest in the use of artificial intelligence in the business world.
The funding will be used to expand Axyon AI's AI coverage of financial markets and develop solutions for AI explainability in investment management.
Axyon AI integrates a wide range of data and proprietary technology to provide asset managers, hedge funds, and financial infrastructure providers with strategic insights for enhanced investment strategies.