Numerai, the AI-driven hedge fund, has successfully raised $30 million in a Series C funding round, significantly boosting its valuation to $500 million. The round was led by prominent university endowments, underscoring strong institutional confidence in Numerai's innovative approach to hedge fund management. Following the announcement, Numerai's native token, NMR, surged over 40%, reflecting heightened investor interest and market optimism.
Numerai Secures $30M Series C, Valuation Hits $500M
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