Swansea-based data analysis business WePredict has completed a $4m (£3.1m) funding round.
The latest round was led by Munich Re and HSB Ventures, with existing investors Breed Reply and the Development Bank of Wales provided additional funds.
Think of it as a tool that could deliver found money. And not just a couple of bills in the pocket of your jeans, but “potentially billions,” according to analytics start-up WePredict.
The UK’s National Infrastructure Commission has identified the three Cs – Congestion, Capacity and Carbon – as holding back UK productivity.
Ian Jones, of Amplyfi in Cardiff, and James Davies, of We Predict in Swansea, both received funding from Finance Wales and explain why they chose to set up their businesses in south Wales.
We Predict, a Swansea, UK-based data software company, received an investment of undisclosed amount.
Backers included Breed Reply and Finance Wales Group.