GIC led the Series E round, which values the decision intelligence provider at $1.8bn.
"After closing our Series D investment round, Quantexa has been on a transformational journey, accelerating the growth of our global software business and firmly establishing our leadership position in the emerging Decision Intelligence category. In a challenging market we have doubled our ARR, our user base, and continue to penetrate new markets and industries. This infusion of capital will fuel further innovation, diversification, and expansion, and opens exciting options for our future."
The British startup secured the funding through a crowdfunding campaign to scale up international operations.
"We are delighted to have hit our crowdfunding target of £500,000 in under six weeks. This is a significant milestone for us. Unbroken connectivity should no longer be a luxury, but a necessity – yet for millions it remains a global postcode lottery."
SFC Capital backed the Manchester-based artificial intelligence startup in its latest pre-seed round.
"I am thrilled to announce our pre-seed investment from SFC Capital. This milestone marks a crucial step in our journey towards revolutionising social media content creation using AI. We are incredibly excited by the trust and confidence that SFC Capital has placed in our vision and our team. Their expertise and track record in supporting early-stage technology startups will undoubtedly accelerate our growth and development, helping us bring our cutting-edge AI solutions to market more efficiently. This investment will enable us to expand our research and development efforts, as well as scale our operations globally to better serve our customers. Our dedicated team of developers, engineers, and marketers, is now more committed than ever to pushing the boundaries of artificial intelligence, delivering transformative social media solutions to empower individuals and ambitious businesses."
The London based mobile advertising platform has picked up further backing from Mercia to support its international growth.
"At a time when privacy regulation is increasingly limiting the use of personal data, our sophisticated and unique combination of creative, media and AI is leading brand performance on mobile. With this additional investment from Mercia, the next stage of our AI-led platform, offering fully automated capabilities, will provide brands and agencies the chance to translate user attention into profit."
Mangrove Capital Partners led the pre-seed round with backing from Ada Ventures and sector leaders to expand green skills training.
"The problem is two-fold. Firstly, there is an awareness issue – these are highly accessible, meaningful and well-paid jobs but people are unaware that they pay well or that they even exist. Secondly, the current training systems in place cannot deliver at the speed and scale required,"
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