QuantCube Technology: Raises Series B Funding

QuantCube Technology Raises Series B Funding

• QuantCube Technology, a Paris, France-based real-time economic intelligence provider, raised a Series B funding round of undisclosed amount
• The round was led by Strategic Development Fund (SDF), with participation from Moody’s and Five Capital
• QuantCubeTechnology uses artificial intelligence and big data analytics to deliver macro-economic insights
• The company operates an alternative data lakes in the world, processing more than 14 billion data end points
• Sources encompass news, social media, satellite data, professional networks and consumer reviews, as well as international trade, shipping, real-estate, hospitality and telecoms data
• The company intends to use the funds to expand operations and its business reach