Mantic Raises $25M Seed

Mantic, a London-based artificial intelligence startup, has raised $25 million in seed funding. The company specializes in developing frontier AI models designed for high-accuracy forecasting of political, economic, and cultural events.

Investors

The funding round was led by Radical Ventures, a venture firm focused on AI. Additional participating investors include Microsoft's venture fund M12, Thinking Machines Lab, and Balderton Capital.

Mantic Use of Funds

The company plans to use the new capital to scale its AI forecasting platform as it targets adoption among global corporations, government agencies, and financial institutions.

About Mantic

Founded in 2024 by CEO Toby Shevlane and Ben Day, Mantic provides advanced AI forecasting technology. The company leverages frontier AI models to process data and predict future developments, achieving performance levels that have outperformed human competitors in professional forecasting tournaments.

Funding Details

Company Website: https://mantic.com

Company: Mantic
Raised: $25M
Round: Seed
Funding Date: September 18, 2026
Lead Investor: Radical Ventures
Additional Investors: M12, Thinking Machines Lab, Balderton Capital
Software Category: Artificial Intelligence
Source: https://www.reuters.com/technology/ai-startup-mantic-raises-25-million-superhuman-forecasting-2026-09-18/