QuantCube Technology, a Paris, France-based real-time economic intelligence provider, announced that it secured Series B funding.
The round was led by the Strategic Development Fund (SDF), the investment arm of the UAE’s Tawazun Council, together with previous backers Moody’s and Five Capital and other private investors.
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.
Company: QuantCube Technology
Raised: Undisclosed
Round: Series B
Funding Month: December 2022
Lead Investors: Strategic Development Fund
Additional Investors: Tawazun Council, Moody’s, and Five Capital
Company Website: https://www.quant-cube.com/
Software Category: Macroeconomic Intelligence Platform
About the Company: QuantCube analyzes billions of alternative data points in real-time, using artificial intelligence and big data analytics to deliver insights ahead of the market and give users an edge in their investment strategies. Its vision is to become the standard point of reference for macroeconomic, sectoral, corporate, and environmental intelligence. By delivering timely, comprehensive, and actionable economic insights, the company empower users within financial institutions, corporations, and public bodies to reach their financial performance and sustainability goals.
Source: https://financialit.net/news/fundraising-news/quantcube-technology-raises-series-b-funding-support-growth-economic