Brainnwave

About Brainnwave

Brainnwave, established in Edinburgh in 2014, operates in the decision intelligence sector, offering a platform to help businesses analyze and visualize complex data for strategic decision-making. The company was founded by a team of experienced entrepreneurs, including CEO Steve Coates and CTO Graham Jones.

The firm's core offering is its decision intelligence platform, Mosaic, which sources and aggregates extensive datasets, applying machine learning and AI to uncover actionable insights. This platform is engineered to tackle data science and software engineering challenges, with specific capabilities in predictive modeling, anomaly detection, and risk quantification. Brainnwave primarily serves large global organizations in sectors such as energy, mining, infrastructure, and housing. Notable clients include Goodyear, UNICEF, Aggreko, and Ordnance Survey. The business model involves creating customized software and full-stack solutions, partnering with clients from concept to delivery.

A significant milestone for Brainnwave was a Series A funding round in November 2021, which raised approximately $10.2 million. This investment was led by Hatch, a global engineering and project management firm, with whom Brainnwave formed a co-venture. This partnership aims to develop applications focusing on pressing global issues like climate change and urbanization by combining Brainnwave's AI-powered analytics with Hatch's deep industry knowledge in metals, mining, energy, and infrastructure. Over its history, Brainnwave has raised a total of $12.2 million across four funding rounds from 21 investors.