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Fractal announces fundraise and spin-out of Theremin.ai, its second AI driven business this year; Earlier this year, Fractal announced Series B fundraise for its AI health-tech startup, Qure.ai

Oct 05, 2020 - PR Newswire
Partnership Announcement

PR Newswire

Fractal, (fractal.ai), a global leader in artificial intelligence and analytics, powering decisions in Fortune 500 companies, today announced that one of its subsidiaries, Theremin.ai, has raised funds from OLMO Capital. The funds will be used for building its algorithmic investment product and for expanding its talent.     

Founded in early 2019, Theremin.ai uses deep reinforcement learning to drive quantitative investment strategies for the Indian and Asian capital ...