Quix raises £2.3m in seed financing led by Project A Ventures to launch its streaming analytics platform.
Project A Ventures led the seed round alongside Passion Capital and angel investors to support the platform's public release.
Quix develops a real-time streaming analytics platform that connects Python developers to live data streams. The company helps organisations process and act on data insights swiftly and efficiently.
Quix has secured £2.3m in seed financing led by Project A Ventures, with participation from Passion Capital and a group of angel investors. The capital will support the public launch of the Quix Portal, a platform designed to remove barriers for developers building streaming applications using Python.
Founded by former McLaren F1 engineers, the company provides out-of-the-box infrastructure and APIs that allow teams to run machine learning models on live data streams. Early adopters of the technology include organisations involved in COVID-19 response efforts and the automotive sector.
From the founder
"At Quix, we believe that it will soon be essential for every organisation to automatically action data within milliseconds of it being created. Whether it’s personalising digital experiences, developing electric vehicles, automating industrial machinery, deploying smart wearables in healthcare, or detecting financial fraud faster, the ability to run machine learning models on live data streams and immediately respond to rapidly changing environments is critical to delivering better experiences and outcomes to people,"
Michael Rosam
Co-founder and CEO at Quix
Investor perspective
"Data streaming is the next paradigm in data architecture, given end users accelerating demand for live, on-demand and personalised applications. The Quix team are leading the way in this market, by democratising access to data streaming infrastructure, which until now has been the reserve of the largest companies."
Sam Cash
Partner, Project A Ventures
