Edge-owned SDF teams up with QuantCube on JV focused on AI-driven economic intelligence

Abu Dhabi’s SDF and France’s QuantCube form AI analytics joint venture: The Strategic Development Fund (SDF), the investment arm of the UAE’s Tawazun Economic Council, has partnered up with Paris-based real-time macroeconomic intelligence firm QuantCube to establish an Abu Dhabi headquartered joint venture, according to a press release.

The details: The JV targets institutional investors, businesses, and government agencies needing predictive economic and financial insights for strategic planning and operational decisions, including geospatial data and supply chain tracking. The project builds on QuantCube’s nowcasting models and will be jointly owned, though the ownership split has not been disclosed.

Background: SDF is a shareholder in QuantCube and led its Series B funding round back in 2022, followed by subsequent investments.