EquiLibre Raises Series A at $500M Valuation

Prague-based EquiLibre Technologies raised a Series A round led by Creandum, valuing the firm over $500 million. Founded by former DeepMind researchers Martin Schmid and Rudolf Kadlec alongside Matej Moravčík, the company develops AI trading agents using reinforcement learning derived from their poker-beating algorithm DeepStack. EquiLibre executes billions of dollars daily across S&P 500 and Nasdaq markets in partnership with Tower Research Capital without recording a single losing month since launch.