SourceBloomberg Technology•Stalecollected in 4h
MillTech Raises $60M for AI Tools
$60M funding for AI FX tools: opportunity for devs building finance apps.
30-Second TL;DR
What Changed
MillTech raised $60 million in funding.
Why It Matters
Accelerates AI integration in FX trading, improving efficiency for financial firms. Highlights growing VC appetite for AI applications in high-volume markets like FX.
What To Do Next
Sign up for MillTech beta to test upcoming AI-powered FX hedging features.
Who should care:Developers & AI Engineers
Key Points
- •MillTech raised $60 million in funding.
- •Investor: Apax Digital Funds.
- •Purpose: Develop AI tools for FX hedging and cash management.
- •Targets $9.5 trillion daily FX markets.
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