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ManticAI raises over $20M in Series A led by Balderton and Radical Ventures, with backing from Microsoft's M12 arm. The London-based AI predictions startup uses machine learning to forecast global events.

PRIVATESep 17, 2026about 3 hours ago

Amount Raised

$20 Million

Round Type

Series A

Greater LondonEventsArtificial IntelligenceMachine Learning

Investors

Episode1 VenturesM12 (Microsoft Ventures)Radical VenturesBalderton Capital Partners

Description

ManticAI, a London-based artificial intelligence startup specializing in predicting global events, has raised over $20 million in a Series A funding round. The round was jointly led by Balderton Capital Partners and Radical Ventures, with participation from Microsoft's venture arm M12 and a major news organization. The company emerged from stealth over a year ago and has gained attention by outperforming human forecasters in prediction competitions. Founders Toby Shevlane and Ben Day have also secured backing from high-profile angel investors including figures from Anthropic.

Company Information

Company

ManticAI

Location

Greater London, England, United Kingdom

About

ManticAI is a London-based AI start-up that has developed an AI system capable of predicting global events. Founded by former Google DeepMind engineer Toby Shevlane and Ben Day, the company emerged from stealth over a year ago and gained recognition by outperforming human forecasters in predicting geopolitical and political events. The company operates as a superforecaster platform designed to make accurate predictions without human behavioral biases in an increasingly volatile world.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

ManticAI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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