Company Name: Axyon AI
Location: Modena, Italy
Sector: AI Fintech
Funding Details: Raised €3.9M, with €2.3M in new cash led by Montage Ventures and participation from Techshop SGR and angel investors. The remaining €1.6M secured through the conversion of convertible notes issued in 2022 by the “Rilancio Startup fund” (CDP Venture Capital, ING Ventures, UniCredit, and others).
Purpose of Investment: To fuel commercial expansion and technological development initiatives.
Leadership: CEO Daniele Grassi
Product: Axyon AI specializes in leveraging AI to uncover alpha opportunities in equities, ETFs, and asset rankings. The company integrates AI insights with active indices, providing asset managers with tools to navigate market dynamics effectively.
About Company: Axyon AI is committed to enhancing investment management through AI-driven solutions. The company focuses on optimizing asset management processes and investment strategies using advanced AI technologies.
CEO’s Vision: Daniele Grassi emphasizes the significance of the funding round and the partnerships with Montage Ventures and Techshop as pivotal for Axyon AI’s growth. He is committed to advancing the company's vision of offering accurate and reliable AI solutions in investment management.