Brainnwave adds 100 jobs after Canadian investment
Steve Coates: like-minded partners
Brainnwave, the Scottish augmented business intelligence firm, will add 100 staff after announcing a Series A investment of CAN$10.2m with Hatch, one of the world’s most prominent engineering, project management, and professional services firms.
The two organisations have formed a co-venture focusing on developing applications and products combining Brainnwave’s machine learning and AI-powered analytics platform with Hatch’s deep knowledge of the metals and mining, energy, and infrastructure sectors.
The co-venture will provide Edinburgh-headquartered Brainnwave with access to clients on a global scale. The Series A funding will unlock a plan to grow Brainnwave’s headcount by 100 while upscaling the firm’s Edinburgh and London locations.
Brainnwave’s augmented business intelligence solution – which is already used by organisations such as William Grant & Sons, Aggreko, and Metropolitan Thames Valley – combines data exploration and visualisation to rapidly improve decision-making capabilities.
Its customised software solution enables the sourcing and aggregation of unlimited data combined with bespoke or industry reference machine learning algorithms and AI to help businesses unlock unrealised value in data, preparing them for a digital future.