Before founding Automata in 2017, Gaël Itier worked for a financial institution where he created and grew the wealth management service.
He discovered that the same type of trading algorithm used for managing investment portfolios for high-net-worth clients could also be applied to everyday individuals.
In 2020, Akt.io was launched in Sophia Antipolis, focusing on artificial intelligence and technology.
The company initially raised €9 million to quickly develop its teams by recruiting top talent across its offices in Europe, followed by €27 million during its ICO to accelerate its growth.
In October 2023, Akt.io became Rayn.
Then, in October 2024, still based in the south of France, Vancelian was born from Rayn's expertise, combining knowledge in traditional finance and blockchain technology.
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