Before founding Automata in 2017, Gael Itier was working for a German financial institution where he established and grew the company’s wealth management department. Here he discovered that the same type of algorithmic trading used to manage investment portfolios for high-net worth individuals could be adapted to the retail market. In 2020, Automata re-branded for the retail market as akt.io and opened an office in Sophia-Antipolis, France for AI & Tech Development. The company has raised over 27 million EUR to date and the team is growing rapidly with lots of top tier talents being recruited for offices across Europe.
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