AIThe SaaS Newsabout 2 hours ago
Thought Machine Raises £30M in Funding
1 min read
Thought Machine secured £30 million in funding on May 27, 2026, from an undisclosed tier 1 bank that is also a client. The round includes £9 million in convertible loan notes and £21 million from a secondary sale of employee share options. The company plans to hire more engineers and invest in AI for bank migrations.
Level
Hype check
Tap to vote and see what everyone thinks.
Summary by ByteBrief
