IJR News — today's news from every sideMantic Raises $25M After Beating Human Forecasters — Sep 18, 2026London AI startup Mantic raised $25 million in seed funding led by Radical Ventures, with Microsoft’s M12, after its judgmental forecasting system beat all human forecasters at the Metaculus Cup, signaling strong demand from hedge funds, corporates, and governments for medium-term risk and scenario planning. Founded in 2024 by Toby Shevlane and Ben Day, Mantic blends human-style reasoning with backtested historical data to predict geopolitical, economic, and strategic events, targeting scenarios where traditional models struggle.
Nicole Hardy Beating the top human forecasters on Metaculus shows this approach could help with tricky geopolitical calls that pure models miss.
