Jun 25, 2020

Investments 19 June 2020 AssetTelescope , a Stockholm, Sweden-based SAAS provider for the financial services industry, completed a capital raise of SEK 6M ($640k). The funding was provided by investors from Sweden, including Cloud Capital . AssetTelescope was founded in 2018 by Rodrigo Graviz and Fredrique Pirenne as part of a joint venture together with Secoria. They developed an AI-driven platform that reads very large amounts of high-frequency data in real-time to provide an accurate forecast of developments in the capital- and fund markets. By analyzing very large amounts of data rapidly, an analysis is created that provides insights on investors' behavior and risk appetite in real time. These insights are used to forecast changes in asset and fund allocations before they occur. In 2019, the tool generated sales of approximately SEK 7 million ($750k). Nordic 9