FundedIQ
Artificial Intelligence

Mindtrace: Funding, Investors & Team (Sep 2026)

Mindtrace builds intelligent systems which exploit the synergy of brain-inspired algorithms and neuromorphic hardware. Mindtrace aims at revolutionizing the world of Artificial Intelligence. Using inspiration from the brain, their goal is to develop novel and unique neuromorphic algorithms, sensors and processing hardware, to create machines which are able to continuously and autonomously learn about the real world, and use this knowledge for predictive decision making. Their systems will seamlessly integrate learning in deep neural networks with inference over distributed graph-based knowledge representations to facilitate continuous "one-shot" learning and inference and the transfer of learnt knowledge to new domains. Their neuromorphic learning and inference algorithms are designed to be executed on massively parallel, many core distributed computer systems which use discrete event-based, asynchronous, sparse computation for speed, efficiency and low energy.

www.mindtrace.ai LinkedIn Manchester, United Kingdom 11-50 employees
Artificial Intelligence Machine Learning Software
Total raised
$3.0M
Rounds
1
Latest
Seed
Feb 2021

Mindtrace has raised $3.0M across 1 funding round on record, the most recent a Seed of $3.0M announced in Feb 2021.

That round is below the $5.8M median round size for Artificial Intelligence companies tracked on FundedIQ over the last two years.

Mindtrace Company Profile and Key Stats

Total funding raised
$3.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$3.0M in Feb 2021
Employees
11-50
reported band
Headquarters
Manchester, United Kingdom

Latest funding round on record: Feb 2021.

Mindtrace Funding Rounds

Date
Round
Amount
Seed
$3.0M

Mindtrace Founders and Leadership Team

Name
Role
Contact
Hoon Chung
CEO

No contact details are on record for this team yet.

Mindtrace Funding Compared to Other Artificial Intelligence Startups

Segment
Companies
Median round
5,298
$4.0M
16,664
$3.1M

Mindtrace's latest round of $3.0M is below the median round in Artificial Intelligence. Medians cover the last 24 months of disclosed rounds.

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Mindtrace Funding FAQs

What does Mindtrace do?

Mindtrace builds intelligent systems which exploit the synergy of brain-inspired algorithms and neuromorphic hardware. Mindtrace aims at revolutionizing the world of Artificial Intelligence. Using inspiration from the brain, their goal is to develop novel and unique neuromorphic algorithms, sensors and processing hardware, to create machines which are able to continuously and autonomously learn about the real world, and use this knowledge for predictive decision making. Their systems will seamlessly integrate learning in deep neural networks with inference over distributed graph-based knowledge representations to facilitate continuous "one-shot" learning and inference and the transfer of learnt knowledge to new domains. Their neuromorphic learning and inference algorithms are designed to be executed on massively parallel, many core distributed computer systems which use discrete event-based, asynchronous, sparse computation for speed, efficiency and low energy.

How much funding has Mindtrace raised?

Mindtrace has raised $3.0M across 1 round on record. The most recent is a Seed of $3.0M announced in Feb 2021.

When did Mindtrace last raise funding?

Mindtrace's most recent funding round on record is a Seed of $3.0M, announced in Feb 2021.

Who is the CEO of Mindtrace?

Hoon Chung is listed as CEO at Mindtrace.

Where is Mindtrace headquartered?

Mindtrace is based in Manchester, United Kingdom.

How many employees does Mindtrace have?

Mindtrace is in the 11-50 employee band.

How does Mindtrace's funding compare to other Artificial Intelligence startups?

Mindtrace's latest round of $3.0M is below the $5.8M median round size for Artificial Intelligence companies on FundedIQ across 7,234 tracked companies over the last two years.

About FundedIQ's Mindtrace Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Mindtrace is left off this page rather than filled in.

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