The follow-on investment complements $1.7m raised by Oxford data analytics spinout Mind Foundry in 2016 from investors including Oxford Sciences Innovation.
Mind Foundry, a UK-based big data analytics spinout of University of Oxford, has obtained an undisclosed amount of funding from Parkwalk Advisors’ Opportunities Fund.
Parkwalk Advisors is a fund management subsidiary of commercialisation firm IP Group.
Founded in 2016, Mind Foundry offers a software-as-a-service product that exploits machine learning and modelling algorithms to uncover insights from the masses of data held by enterprises and other organisations.
The software provides industrial, consumer and financial data intelligence with the…