Quantexa nabs $175M at $2.6B valuation to double down on data analytics for AI

British startup Quantexa has made a name for itself over the years with its enterprise platform that employs AI and data analytics to fight money laundering and fraud.

Today, the company said it has raised a fresh $175 million to double down on that business and move deeper into another hot area: helping organizations understand and better use data across various silos to build and run AI services.

The funding, a Series F, values Quantexa at $2.6 billion post-money — a significant jump from its last valuation of $1.8 billion in 2023….