The British AI firm said Wednesday it clinched a US$2.6 billion valuation in its latest funding round. Teachers’ Venture Growth, which is part of the Ontario Teachers’ Pension Plan, led the round. Other participants included existing investors like British Patient Capital. (The Logic)
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The British AI firm said Wednesday it clinched a US$2.6 billion valuation in its latest funding round. Teachers’ Venture Growth, which is part of the Ontario Teachers’ Pension Plan, led the round. Other participants included existing investors like British Patient Capital. (The Logic)
Talking point: Quantexa uses AI alongside data management tools to help businesses make decisions. The new investments will enable Quantexa to pursue new M&A opportunities and increase its growth into North America. OTPP chief executive Jo Taylor said it was eyeing opportunities in Europe back in January at the World Economic Forum. Taylor said he’s a “great believer in going to hunt where the others don’t want to tread,” and that at the time, a lot of Americans were only looking to invest domestically.
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