AI Quant Platform AlphaNet Completes $10 Million Seed Round Funding, Led by Joffre Capital

According to Odaily, the institutional-grade quantitative AI trading platform AlphaNet announced the completion of a $10 million seed round funding. The round was led by private equity firm Joffre Capital, with participation from Huashan Capital and an Asian quantitative trading consortium. The funds raised will support its transition from an invitation-only whitelist model to a public platform launch. It is reported that AlphaNet was incubated by the Asian proprietary trading firm Tensor Investment and is positioned as an institutional-grade "systematic alpha" trading platform, aiming to provide retail users with trading capabilities that were previously only accessible to institutions. (Decrypt)