Prague-Based AI Trading Lab EquiLibre Secures Series A at €438 Million Valuation
Prague-based EquiLibre Technologies has closed a Series A funding round at a valuation exceeding €438 million, led by Creandum. The capital will be used to purchase computing power and scale operations.
EquiLibre Technologies, a Prague-based frontier AI trading research lab, has announced the closure of its Series A funding round at a valuation of over €438 million (approximately $500 million). The round was led by Creandum, marking their largest investment to date.
The majority of the funds will be allocated to purchasing compute power to scale operations, including building one of the largest compute clusters in the region. Founded in 2022 by researchers from DeepMind and the team behind DeepStack—the first AI to defeat professional poker players—EquiLibre aims to apply self-learning AI broadly. After testing in crypto, the company transitioned to traditional financial markets and went live in early 2025, reportedly becoming the first to deploy reinforcement learning agents on the world's largest and most competitive financial instruments. These agents now trade billions of dollars daily and have never had a negative month, according to the company.
Martin Schmid, co-founder of EquiLibre, stated: “We want to build a global business from Prague. Our ambitions are global, and we aim to build the world’s leading AI trading company.” The team, which includes researchers from DeepMind, Google, Jane Street, G-Research, and Optiver, plans to expand its research and engineering roles in Prague over the coming months. Cameron Sellers, Vice President at Creandum, commented: “This is the largest investment we have ever made, showing our belief in the future scaling of the technology. EquiLibre is doing what the best frontier labs do: picking a domain where the feedback loop is brutal and honest, and letting the technology speak for itself.”
