Kayrros rallies Series A funds

Kayrros, a provider of predictive analytics for the energy market, has closed 9 million euros in Series A funding. Index Ventures led the round. In addition to the funding, Lord Browne of Madingley, a former CEO of BP plc, has joined the Kayrros advisory board. PRESS RELEASE January 11th, 2017: Paris, New York and Berkeley, California Kayrros, the predictive analytics for energy markets company, today announces the completion of an €9 million equity fundraising in a Series A financing round led by Index Ventures. The fundraising will enable Kayrros to accelerate the development and commercialization of its disruptive information products, and recruit 40 new employees to its growing teams in Paris, New York and the Bay Area. Kayrros develops technologies applying machine learning, advanced mathematics and quantitative finance with petroleum…


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