Quantexa, a London-based company specializing in anti-money laundering technology, has successfully raised $175 million in a Series F funding round, boosting its valuation to $2.6 billion. The investment aims to enhance Quantexa's data analytics capabilities for artificial intelligence and expand its global presence. Founder Vishal Marria emphasized the importance of this funding in driving innovation and redefining AI in decision-making processes. The funding is seen as a testament to the UK’s commitment to fostering an environment conducive to AI business growth, as highlighted by government officials. This investment round reflects a broader trend of increasing capital flow into AI-driven solutions, particularly in the financial sector.
This investment is a clear endorsement of our plan to transform Britain into an AI innovation magnet. @Quantexa are a true home-grown success story & the environment we’re creating through our AI Opportunities Action Plan will see more waves of investors heading to our shores. https://t.co/mq6CfT7hU5
Quantexa raises $175M, boosting valuation to $2.6BN https://t.co/iUoHUXaors https://t.co/QR42xfFcjP
“The future is a very promising one.” We spoke to @quantexa’s CEO & Founder @vishalmarria4 about how the AI Opportunities Action Plan is helping to make the UK a fantastic place to grow an AI business, as they announce the completion of a $175 million investment round. https://t.co/mKXavY8fgs