Nof1 Raises $15M in Funding
Nof1 raises $15 million in a funding round co-led by SUI Group and Karatage Opportunities to develop its AI-driven financial trading models and platform.
Nof1 Raises $15M in Funding
Nof1, a Wayzata, Minnesota-based AI research lab focused on financial markets, has secured $15 million in funding to advance its frontier models and develop infrastructure for autonomous trading.
Investors
This round was co-led by SUI Group Holdings Limited and Karatage Opportunities.
Nof1 Use of Funds
Nof1 plans to use the capital to launch Season 2 of its Alpha Arena project, develop its own proprietary models, and eventually launch a consumer platform featuring coding agents designed for financial markets.
About Nof1
Founded by a team of researchers and entrepreneurs with backgrounds at institutions including DeepMind and Renaissance Technologies, Nof1 is an AI research lab building specialized intelligence and infrastructure to power AI-driven trading. Its flagship product, Alpha Arena, serves as a live benchmark for evaluating the effectiveness of frontier AI models in financial trading.
Funding Details
Company Website: https://nof1.ai
Company: Nof1
Raised: $15M
Round: Other
Funding Date: May 15, 2026
Lead Investor: SUI Group Holdings Limited, Karatage Opportunities
Software Category: Artificial Intelligence
Source: https://www.businesswire.com/news/home/20260515505589/en/SUI-Group-Co-Leads-%2415-Million-Funding-Round-for-AI-Trading-Lab-Nof1-Makes-Strategic-Investment-in-Recursive-Superintelligence
