Eunice,
a London-based company building due diligence infrastructure for regulated
markets, has raised $8 million in a combined seed and pre-seed funding round
led by Moonfire Ventures and Speedinvest, with participation from Openspace Ventures and several industry founders.
The
company develops institutional-grade infrastructure designed to standardise how
complex investment decisions are assessed, documented and defended, as
alternative assets grow in scale and regulatory scrutiny increases.
Eunice
initially focused on digital assets, where the need for structured, audit-ready
due diligence emerged early. The company deployed AI agents to deliver
asset-level assessments and contributed to disclosure template development
through the UK Financial Conduct Authority’s Regulatory Sandbox.
The same
infrastructure is now being applied more broadly across alternative assets,
where institutional investors such as pension funds, endowments and funds of
funds face increasing expectations around governance, transparency and
documentation. In these markets, due diligence processes often remain
fragmented and manual, with teams required to evaluate complex opportunities
while clearly demonstrating how decisions are made.
When
decision-making in alternative assets is opaque, risk doesn’t disappear – it
becomes invisible until it surfaces. We’re building infrastructure that enables
institutions to show not only what decisions were made, but how they were
reached, in a structured and transparent way,
explained
Yi Luo, founder and CEO of Eunice.
Eunice’s
platform replaces these workflows with standardised, auditable frameworks that
incorporate human oversight, aiming to make decision-making more transparent
and defensible without removing professional judgement. As digital assets
mature and private markets continue to expand, both sectors are seeing growing
demand for consistent and accountable decision processes.
The funding will be used to
further develop Eunice’s AI capabilities, expand its coverage across private
markets, and scale its commercial operations.