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On October 19, Entropy Simple Technology revealed that it had successfully concluded its Series C funding round. This round was primarily led by Ant Group, with additional investments pouring in from Orient National Information Technology and Qiaobei Capital. Post-funding, Ant Group is set to embark on a deep-seated collaborative journey with Entropy Simple Technology, focusing on areas like the development of AI-driven financial agents and the training of AI models tailored for the financial sector.
Entropy Simple Technology, established in 2017, has carved a niche for itself by offering AI-powered investment research solutions specifically designed for the financial asset management sphere. Its flagship product, AlphaEngine, boasts a clientele of over 93,000 professional investors, spanning nearly 9,000 asset management institutions.
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