Huo Xing Cai Jing reports, according to EU-Startups, that the wealth management AI platform Nevis has announced the completion of a €62 million (approximately $70 million) Series B round led by EQT Ventures, with Charles Schwab and QuantumLight joining as new strategic investors, and existing investors including Sequoia Capital, ICONIQ, and Ribbit Capital participating in additional funding. Founded in 2024 and headquartered in London and New York, Nevis has now raised a total of €98 million (approximately $110 million) following this round. The company states that the assets under management by its clients exceed €625 billion (approximately $700 billion), and its AI agents have completed over 100,000 operational tasks.
Nevis Completes €62 Million Series B Financing Led by EQT Ventures
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Nevis, an AI-driven wealth management platform, has secured €62 million (approximately $70 million) in Series B funding led by EQT Ventures. New investors include Charles Schwab and QuantumLight, with participation from Sequoia Capital, ICONIQ, and Ribbit Capital. Headquartered in London and New York, Nevis has raised a total of €98 million (approximately $110 million) to date. The firm manages over €62.5 billion (about $70 billion) in client assets, with its AI agent having completed more than 100,000 tasks. The funding arrives amid rising interest in AI and crypto developments, signaling potential new token listings in the sector.
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