Sparta, a Geneva, Switzerland-based provider of real-time intelligence for commodity traders, raised $42M in Series B funding.
The round was led by One Peak, with continued backing from Singular and FirstMark.
The company intends to use the funds to accelerate its expansion beyond oil and gas, accelerating its vision to evolve from a data provider into a full-scale AI-powered trading platform.
Led by CEO Felipe Elink Schuurman, Sparta is a provider of real-time market intelligence and analytics for global commodity traders. Its technology delivers actionable insights, price transparency, and data-driven decision-making tools, empowering traders to stay ahead in fast-moving markets.
The company intends to enhance its AI-driven capabilities to identify key market signals, uncover trade patterns, and improve price and volume forecasting.
FinSMEs
24/02/2025