Deals
Tencent, Pearson Among Backers of $100 Million U.K. AI Startup
- Companies are giving Prowler.io $24 million in new funding
- Cambridge-based startup’s AI used in finance, logistics
This article is for subscribers only.
Prowler.io, an artificial intelligence company based in Cambridge, England, has been valued at $100 million following a funding round involving a group of investors that includes Chinese technology giant Tencent Holdings Ltd. and Pearson Plc.
The company uses AI to help businesses make decisions about everything from rebalancing financial portfolios to managing supply chains and logistics, it said in a statement on Monday.