Major Backing for AI-Powered Hedge Fund
In a major milestone for crypto-native finance, Numerai’s $500M valuation was announced after the AI hedge fund secured $30 million in a Series C round. The funding was led by some of the world’s top university endowments, though specific names have not yet been disclosed.
Numerai, founded in 2015, blends AI, crypto, and finance through a decentralized data science tournament, where contributors submit models to improve the fund’s trading strategies. The unique structure has attracted attention for its innovative model and now, serious capital to match.
What the $30M Raise Means
The fresh capital will likely be used to scale Numerai’s data science network, enhance its AI research infrastructure, and fuel growth for its flagship hedge fund. The backing of elite university endowments adds further legitimacy to the project, showcasing how traditional institutions are beginning to see value in blockchain-integrated financial systems.
Numerai’s approach has long positioned it as a pioneer in crypto-quant finance, and this raise signals strong belief in its long-term vision.
UPDATE: Numerai raised $30M in a Series C led by top university endowments, valuing the AI hedge fund at $500M and sending NMR up over 40%. pic.twitter.com/nSOwsrk68M
— Cointelegraph (@Cointelegraph) November 21, 2025
NMR Token Soars on the News
Investors were quick to respond to the funding announcement. Numerai’s native token, NMR, surged over 40% within hours of the news. The price rally reflects renewed optimism around the protocol’s fundamentals and the market’s recognition of its institutional validation.
As the AI narrative continues to dominate tech and finance conversations, Numerai stands uniquely at the intersection—leveraging crowdsourced machine learning models and crypto incentives to outperform traditional hedge funds.