Nof1
Summary active Updated May 31, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
About
Nof1 is an AI research lab training frontier models focused on financial markets 123. Its flagship experiment, Alpha Arena, pits frontier AI models from OpenAI, Anthropic, Google, and xAI against each other in autonomous trading competitions using real capital 13. The leadership team brings together entrepreneurs and researchers with backgrounds at DeepMind and Renaissance Technologies, among others 1. The $15M funding round announced May 15, 2026 was co-led by SUI Group Holdings (NASDAQ: SUIG, $3M check) and London-based Karatage Opportunities, a proprietary hedge fund focused on digital assets and emerging technology 123.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-05-15 | Seed | $15M | SUI Group, Karatage Opportunities | — 123 |
What Investors Say
No independently sourced investor quotes found at this time.
What Founders Say
No independently sourced founder quotes found at this time.
Sources
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BusinessWire, “SUI Group Co-Leads $15 Million Funding Round for AI Trading Lab Nof1, Makes Strategic Investment in Recursive Superintelligence,” May 15, 2026. Accessed May 2026. https://www.businesswire.com/news/home/20260515505589/en/SUI-Group-Co-Leads-$15-Million-Funding-Round-for-AI-Trading-Lab-Nof1-Makes-Strategic-Investment-in-Recursive-Superintelligence↩↩↩↩↩
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PANews, “AI trading lab Nof1 raises $15 million in funding, co-led by SUI Group and Karatage,” May 15, 2026. Accessed May 2026. https://www.panewslab.com/en/articles/019e2b8f-f636-75d8-a87e-2da2a2a6424a↩↩↩
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CoinDesk, “Why SUI Group and Karatage are making an early bet on AI traders,” May 15, 2026. Accessed May 2026. https://www.coindesk.com/tech/2026/05/15/wall-street-is-starting-to-notice-one-of-crypto-s-smartest-ai-bets↩↩↩↩