Signal AI has raised $165m (£122m) in a growth equity round

London-based Signal AI, a risk and reputation intelligence platform, has raised $165m (£122m) in a growth equity round led by US investor Battery Ventures, giving the company a major stake.

The funding will support international expansion across the US, Europe and, the Middle East, whilst also funding strategic acquisitions and product development.

Founded in 2013 by chief executive David Benigson and chaired by Archie Norman, the tech firm uses AI to analyse billions of data points. Its platform has more than 650 clients, including Bloomberg, Uber and Diageo, where it identifies emerging risks, benchmarks against peers, and informs strategy decisions.

The investment comes as UK tech companies continue to face scaling hurdl

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