Mantic Raises $25M Seed Led by Radical Ventures for AI Event Forecasting

Mantic Raises $25M Seed Round

Mantic, an AI-powered event forecasting platform, has raised $25 million in seed funding. The round was announced on September 18, 2026, and was led by Radical Ventures.

What the Company Does

Mantic operates an AI-powered event forecasting platform. The company's focus is on applying artificial intelligence to the problem of forecasting events — a category that has drawn increasing attention as model capabilities have improved.

The Round

• Round type: Seed
• Amount: $25 million
• Currency: USD
• Announced: September 18, 2026
• Lead investor: Radical Ventures
• Stage: Seed

A $25 million seed round is a substantial first institutional raise, and the presence of a named lead in Radical Ventures gives the round a clear anchor.

Investors

The seed round included participation from:

• Radical Ventures (lead)
• M12, Microsoft's Venture Fund
• Balderton Capital
• Thinking Machines Lab

The investor list combines a specialist AI-focused lead with a corporate venture arm in M12 and a transatlantic fund in Balderton Capital. Thinking Machines Lab also participated.

Why It Matters

Forecasting is a foundational capability with applications across finance, operations, policy, and research. Building a platform around AI-driven event forecasting means competing on model quality, data, and the ability to turn probabilistic outputs into something decision-makers can act on.

At the seed stage, the key questions for Mantic will be product differentiation and early evidence of accuracy and adoption. The involvement of investors with deep AI networks — including M12 and Thinking Machines Lab — suggests the company is positioned within the broader AI ecosystem rather than as a standalone analytics tool.

For acquirers and strategics tracking the forecasting space, Mantic now has meaningful capital to build out its platform and demonstrate traction. A well-capitalized seed round led by a dedicated AI investor is often the starting point for a company that later becomes an acquisition target as its models and data assets mature.

Key Facts at a Glance

• Company: Mantic
• Product: AI-powered event forecasting platform
• Funding stage: Seed
• Amount raised: $25 million
• Currency: USD
• Announcement date: September 18, 2026
• Lead investor: Radical Ventures
• Other investors: M12 (Microsoft's Venture Fund), Balderton Capital, Thinking Machines Lab