Quantexa raised $129m at a $1.8bn valuation
IN BREIF:
- The round was led by GIC and joined by Warburg Pincus, Dawn Capital, British Patient Capital, Evolution Equity Partners and AlbionVC
- The funds will be used to boost technology innovation and strengthen their Decision Intelligence Platform capabilities
- Their technology is currently used by BNY Mellon, HSBC, Standard Chartered and Danske Bank amongst others
What does this mean?
Vishal Marria, CEO, Quantexa, says: “This infusion of capital will fuel further innovation, diversification, and expansion, and opens exciting options for our future.”