QuantCube Technology raises funding from SDF, Moody’s and Five Capital

By Gloria Methri

QuantCube Technology, the real-time economic intelligence provider has secured funding from Strategic Development Fund (SDF), the investment arm of UAE’s Tawazun Council. Other financial backers include Moody’s and Five Capital.

QuantCube uses AI to analyse billions of alternative data points in real-time for macroeconomic intelligence nowcasting and pinpointing macro regime change. The new funding will help the firm deliver on its vision to become the standard point of reference for real-time macroeconomic, corporate, and environmental intelligence.

Headquartered in Paris, QuantCube will build on its existing presence by establishing new offices in Abu Dhabi focused on research and development, as well as offices in Tokyo and New York dedicated to sales and operations.

Ghizlaine Amrani, COO and Co-Founder, QuantCube Technology, said, “Increased focus on geopolitical and macroeconomic issues means the ability to derive insights from real-time data across markets and at scale has never been more essential. With our newly secured funding, we look forward to expanding our offerings into new regions and delivering market-leading economic intelligence to new customers. We would like to thank our existing stakeholders for their continued support as well as our new partners for this truly transformational investment.”

Abdulla Naser Al Jaabari, Managing Director and CEO of SDF said, “When it comes to macroeconomic nowcasting, QuantCube Technology’s capabilities are unmatched and users of QuantCube data benefit from highly accurate real-time insights. As one of QuantCube’s latest strategic investors, SDF will be working closely to support the ongoing growth of QuantCube with additional applications building on QuantCube’s capability and platform in new industries and use cases throughout the UAE and globally.”

QuantCube’s Macroeconomic Intelligence Platform delivers macro nowcasting indices on variables including economic growth, inflation, employment, and international trade for the G20 and emerging economies. It provides critical insight into market turning points across asset classes from equities to fixed income, commodities, and foreign exchange.