AI startup Mantic raises $25 million for forecasting systems

Mantic, a London-based AI forecasting startup founded by a former Google DeepMind researcher, raised $25 million in seed funding led by Radical Ventures with participation from Microsoft’s M12 and others. The company specializes frontier models for event prediction and outperformed human contestants in the 2026 Metaculus Cup tournament. The capital supports further development of systems already drawing interest from hedge funds and government agencies.