Secondmind completes funding round at $100m valuation

October 23, 2022

British AI company successfully completes Series B funding round at a post-investment valuation of $100m. Backers, including Mandatum Life, Pearson, RB Capital, and Tencent, invested $24m. Secondmind’s generalised decision-making AI technology is being rolled out for deployment in transportation & logistics during 2019. Secondmind - The Decisions Company - backed by years of research in machine learning, has raised $24m from new and existing investors, valuing the company at $100m. The investors involved in the round include Amadeus Capital Partners, Atlantic Bridge, Cambridge Innovation Capital, Mandatum Life, Passion Capital, Pearson, RB Capital, SGInnovate, and Tencent.

The source of this news is from Secondmind