Aisot Technologies, a spin-off from ETH Zurich developing AI-powered portfolio insights for equity and crypto markets, announced that it received CHF 1.8 million in a seed funding round.
The round was led by Swiss investment firm Haute Capital Partners and joined by angel investors, a few of them from the Swiss ICT Investor Club (SICTIC).
Aisot said that the new capital will help to fund key additions to its team, support critical customer demands, product development as well as growth initiatives.
This new round of funding brings aisot’s total funding to CHF 2.3 million. Zurich-based accelerator Tenity (formerly F10) and friends and family provided a CHF 0.5 million pre-seed round in 2021.
Stefan Klauser, CEO and Co-Founder of Aisot Technologies said,
“We are excited to partner with HAUTE because they recognise the huge role AI will play in the future of asset management. HAUTE is an ideal partner for aisot as we deepen our AI products and scale our company.
Overall, it has been amazing to see the positive feedback we’ve received from our customers as we work to develop products allowing wealth & asset managers to leverage data, quant tools and AI.”
Thibault Leroy Bürki, Chairman & CEO at HAUTE said,
“We chose aisot for their innovative approach to wealth management, advanced AI engine, and ability to generate alpha in real-time, making them a leading provider of AI solutions for asset and wealth management.
aisot’s AI engine provides clients with the amazing ability to adjust customised portfolios to market trends in real-time while generating alpha.”
Featured image credit: Aisot Technologies Management Team, from left to right: Roger Peyer, CTO | Stefan Klauser, CEO & Co-Founder | Dr. Nino Antulov-Fantulin, Head of Research & Co-Founder