# Nyctale

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nyctale

- Industry: Software
- Headquarters: Paris, France
- Website: www.nyctale.io
- Total disclosed funding: $0.3M
- Latest round: Seed (Feb 14, 2020)
- Investors on record: 1

## About

Nyctale SAS is an innovative company specializing in AI-driven crypto trading bots that optimize trading strategies for both novice and experienced investors in the ever-changing cryptocurrency market.Founded in 2018, Nyctale SAS operates from Paris, France, providing automated trading solutions in the cryptocurrency space. The company has not undergone significant pivots or changes in business operations. Nyctale's latest funding round occurred on February 14, 2020, when it raised EUR 0.23 million through a Seed round led by Outlier Ventures. The total amount raised by the company is EUR 0.23 million, with a current valuation of EUR 2.092 million.Nyctale SAS specializes in AI-powered crypto trading bots that enhance the trading experience for a wide range of users, including individual traders and institutional investors. The bots leverage advanced algorithms to monitor market conditions, analyze data, and execute trades automatically, solving common market challenges such as rapid fluctuations and constant monitoring. The company's products are marketed globally, particularly in North America, Europe, and parts of Asia, all of which are significant cryptocurrency trading regions.Nyctale SAS operates on a subscription-based revenue model, offering clients access to its AI trading platform through various pricing plans. Clients pay a recurring fee for the use of trading bots and benefit from ongoing updates and customer support. The company's main offerings are tailored AI trading solutions aimed at different levels of traders, ensuring a comprehensive approach to crypto trading while facilitating secure online financial transactions for a seamless client experience.Following the Seed round funding raised in February 2020, Nyctale SAS plans to enhance its product offerings by developing new features for its AI trading bots and expanding its market presence. The company aims to enter new geographic regions, specifically targeting the growing cryptocurrency markets in Asia by the end of 2023. The recent funding will be utilized to support the design and launch of these upcoming products, ensuring that they meet the evolving needs of their diverse clientele.

## Funding rounds

- Seed, Feb 14, 2020, $0.3M — Outlier Ventures

## Investors

- Outlier Ventures — Seed