Sparta funding news – Geneva-based Sparta Raises €40 Million in Series B Round Funding

The funding round was led by One Peak, with continued support from Singular and FirstMark.

Felipe Elink Schuurman, CEO and Co-founder of Sparta said, “Today’s team-based incentives demand tools that turn isolated insights into collective alpha, To maximise profits, traders need live, granular, customisable data. They also need an AI-powered operating system to analyse, visualise, collaborate, and ultimately help them build conviction.”

It is changing how traders, analysts, and risk managers use data. The company is focusing on using AI to provide predictive insights, improve price and volume forecasts, and make decision-making easier for traders around the world. Sparta serves a wide range of clients, from individual traders to large corporations.

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Schuurman said, “This funding is not just about growth—it’s about redefining the way the industry operates, We are building more than a platform; we are creating the intelligent infrastructure that will power the next generation of commodity trading.”

With this new funding, it plans to expand into new commodities beyond oil and gas, using its technology to reach a larger market. The company wants to move from being just a data provider to a full trading platform that helps traders, analysts, and risk managers work together, analyze data, and make real-time decisions.

Schuurman added, “In One Peak, we’ve found the perfect partner to execute this vision. Throughout the funding process, we were thoroughly impressed by their deep expertise, strategic insight, and commitment to our vision. Their understanding of our industry and growth potential made them the clear choice to lead our Series B raise. We’re excited to partner with One Peak as we take Sparta to the next level,”.

David Klein, Co-founder and Managing Partner at One Peak, commented, “We are thrilled to support Sparta in revolutionising commodities trading with AI-powered intelligence and insights for physical and paper trades. The world-class team at Sparta, led by Felipe and Miles, has built a truly innovative platform that doesn’t only solve today’s challenges but also positions Sparta at the forefront of the next AI-powered wave of trading technology.”

Klein concluded “We’re excited to help accelerate Sparta’s dynamic growth and scale the platform across new markets. This investment aligns perfectly with our mission to back exceptional entrepreneurs in market-leading software businesses, and we have no doubt that Sparta will continue to redefine the commodities trading ecosystem,”.

About Sparta

Sparta was founded in 2020 by former traders Felipe Elink Schuurman and Miles Moseley, who were frustrated with the inefficiencies in commodity trading. It helps traders spot opportunities clearly and with confidence. Built by traders, for traders, it understands that the key advantage is being able to identify and seize opportunities quickly.