First EU regulated Crypto fund acquires sentiment AI start-up Augmento
Postera Capital, Europe’s pioneer in crypto-specific investment products and strategies, acquires sentiment analytics start-up Augmento.
In 2018, Berlin-based Fintech Augmento began developing the sentiment analysis algorithm for crypto assets, quickly becoming a significant player in the alternative data industry.
With the acquisition, Postera Capital strengthens its position as a pioneer in crypto consulting as well as its investment vehicle Postera Fund – Crypto I, the first EU-regulated crypto fund.
Augmento has the most advanced forecasting capabilities in the industry. Through this access, Postera expands its service portfolio and supports the further development of its quantitative investment strategies.
“In the crypto space, investors are in an arms race to fuel their strategies with unique data. We strive to lead not only in terms of accessibility but also in terms of data and will continue to expand our unique data set.”
Martin Schmidt, founding partner of Postera
Augmento’s new AI technology uses algorithms to identify emotions and discussion topics from online news and social media. The resulting insights give investors a profound insight into market movements – enabling them to make better, data-driven decisions.
“We could show that crowd sentiment has an enormous impact on crypto markets, and it became clear that it will continue to do so in the future. Being able to quantify emotions such as fear or euphoria in real-time helps investors build better strategies and reduce risk”
explains Michael Baumgartner, CEO and co-founder of Augmento.
The interest of institutional investors in crypto assets is growing massively. The increasing integration of this young asset class into the portfolios of professional investors leads to an increased demand for insights generated from alternative data.
Augmento’s AI-based analysis of sentiment data from the crypto market perfectly complements Postera Capital’s fundamental knowledge of crypto markets. Augmento’s software will be fully integrated into Postera Capital’s proprietary technology stack.
With the new analysis tool, the investment specialist is improving its first-class advice in the area of crypto assets and is expanding its investment vehicle Postera Fund – Crypto I even further.
Augmento’s founding team, consisting of Michael Baumgartner, Bijan Farsijani and Oliver Spragg, takes on advisory roles at Postera.
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