AI driven investment bank Euklid has completed its first seed funding.
Two unnamed financial industry vetarans made the approx. €375/400k investment in exchange of a 3/4% stake in the company. Following the closing of this seed, which valued the company at €10M, Euklid is to move its Headquarters to London* in order to implement their international strategies. The funds will allow the company to establish a NewCo in the UK and a RAIF fund in Luxembourg. (more…)