Mind Foundry is developing algorithm-based data analytics software for the industrial technology, finance, commerce and consumer data sectors.

Mind Foundry, a UK-based machine learning and data analytics spinout from University of Oxford, today secured an undisclosed amount of capital from the Parkwalk Opportunities Fund.

Further details on the investment round were not provided. Parkwalk Opportunities Fund is managed by commercialisation firm Parkwalk Advisors and runs under the UK’s Enterprise Investment Scheme tax relief framework.

Spun out from Oxford’s Machine Learning Group unit, Mind Foundry will commercialise algorithm-based data analytics software and has already sealed contracts in the industrial…