Amsterdam, July 20, 2021
In a seed round led by Boosting Alpha, DemaTrading.ai has raised an amount of 150,000 euros for further growth and development. DemaTrading.ai is a community-driven platform, where anyone can create, test and offer crypto trading formulas.
For DemaTrading.ai, this funding round is an opportunity to make trading with algorithms more widely accessible. Demian Voorhagen, co-founder of DemaTrading.ai: “Many people miss a good and reliable partner that makes creating a trading strategy easier. We want to fill that gap and make life easier for both creators and investors.”
The investment is part of a broader vision to attract investors who offer strategic benefits in addition to financial support. Boosting Alpha develops trading algorithms and because of their strategic partnership, both parties will be able to realize faster technical development. This means a strengthening of both positions: “As Boosting Alpha we believe in the added value of building a community platform, where the knowledge of successful human traders is translated into trading algorithms. That’s why we are investing in the growth of DemaTrading.ai, together with a number of private investors,” said Roy Lenders, co-founder of Boosting Alpha, based in Venlo.
About DemaTrading.ai
DemaTrading.ai aims to create a platform where anyone can easily create algorithms, also known as trade bots. The algorithms are checked and optimized with, among other things, machine learning techniques. Investments can then be made in these so-called bots, which trade on your own account. Moreover, these bots are fully run on and by their fast-growing platform.
The vision of DemaTrading.ai is that traders only need to be busy developing a strategy. The platform where others can invest in these strategies will be the next step for the fast-growing Amsterdam-based start-up, says Demian Voorhagen.
About Boosting Alpha
Boosting Alpha is a Venlo-based fintech company that develops automated trading algorithms for various financial markets and offers them through trading platforms to hedge funds. Boosting Alpha is based at the Brightlands Campus in Venlo.
Make sure to subscribe to our newsletter and stay tuned for more!
