Alpaca Closes $1.75m Round to Build Trade Idea Discovery App

[kreslik.news]

Alpaca, a fintech startup which builds AI and database technology for financial trading, has announced the closing of a $1.75 million venture round.

Round participants include D4V, a joint-venture fund by IDEO and Genuine Startups, Monex Ventures of Monex Group, the Japanese brokerage which was recently in the news after reporting its December trading volumes, MUCAP of Mitsubishi UFJ Financial Group, Eric Di Benedetto, a leading AI and fintech angel investor, and a number of other existing and angel investors.

The funds will be used to accelerate the development of AlpacaScan, a platform that helps casual traders discover trade ... (read more)