AI Startup Mantic Secures M to Revolutionize Event Forecasting

AI Startup Mantic Secures $25M to Revolutionize Event Forecasting

Mantic's AI outperforms humans in global forecasting competition, securing $25M in seed funding from top investors.

September 18, 2026 One Min Read

POLICY WIRE — London, United Kingdom — A London-based artificial intelligence company has secured $25 million in seed funding after demonstrating superior forecasting abilities in a major international competition.

Mantic, which co-founded by Toby Shevlane and Ben Day in 2024, gained attention for its AI system that accurately predicted political, economic, and cultural developments during the summer 2026 Metaculus Cup. The results showed the startup’s model outperformed human participants and most other AI competitors.

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The funding round, led by Radical Ventures with support from Microsoft’s M12, Thinking Machines Lab, and Balderton Capital, highlights growing interest in Mantic’s technology. Investors believe the AI can offer valuable insights for hedge funds, government agencies, and corporations. Mantic’s CEO said the system avoids human biases like herd mentality, leading to more accurate predictions in complex scenarios.

Reporting by Policy-Wire (PW)

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