QuantCube Technology, a real-time economic intelligence provider, has secured Series B funding from Strategic Development Fund.
Also taking part in the investment was previous backers Moody’s and Five Capital, and other private investors.
Using AI to analyse billions of alternative data points in real time, QuantCube is the global leader in macroeconomic intelligence nowcasting and in pinpointing macro regime change. The new funding will help the firm deliver on its vision to become the standard point of reference for real-time macroeconomic, corporate and environmental intelligence.
QuantCube’s Macroeconomic Intelligence Platform delivers macro nowcasting indices on variables including economic growth, inflation, employment and international trade for the G20 and emerging economies—providing critical insight on market turning points across asset classes from equities to fixed income, commodities and foreign exchange.
Headquartered in Paris, QuantCube will build on its existing presence by establishing new offices in Abu Dhabi focused on research and development, as well as offices in Tokyo and New York dedicated to sales and operations.
QuantCube Technology COO and co-founder Ghizlaine Amrani said, “Increased focus on geopolitical and macroeconomic issues means the ability to derive insights from real-time data across markets and at scale has never been more essential. With our newly secured funding, we look forward to expanding our offerings into new regions and delivering market-leading economic intelligence to new customers.
“We would like to thank our existing stakeholders for their continued support as well as our new partners for this truly transformational investment.”
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