# Quix Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quix-analytics

- Industry: Software
- Headquarters: London, UK
- Website: www.quix.ai
- Total disclosed funding: $17M
- Latest round: Series A (Aug 2, 2022)
- Investors on record: 3

## About

Quix Analytics Limited is a data and simulation platform provider that streamlines product development and enhances operational efficiency for research and development teams across various industries.Founded in 2020, Quix Analytics Limited is headquartered in London, UK, and specializes in integrated data solutions for R&D teams. The company has undergone no notable pivots and does not operate under a parent company or have subsidiaries. The founders include Claudio Masini, Michael Rosam, Patrick Pedrol, Péter Nagy, and Rena Banka. Michael Rosam serves as the CEO. Quix has raised GBP 11 million in Series A funding on August 2, 2022, led by MMC Ventures, with participation from Passion Capital and Project A Ventures. This funding round signifies the total amount raised by the company, which is currently valued at GBP 48.727 million.Quix offers an integrated data and simulation platform designed to streamline product development and enhance operational efficiency for research and development teams. The platform consolidates various elements such as live data, models, and configurations, enabling organizations to run model-based experiments and track configuration changes through a centralized catalog. This functionality is particularly beneficial for industries such as manufacturing and energy, where real-time data integration from diverse sources, including test rigs, IoT sensors, and legacy systems, is critical. Notable clients, including CloudNC and Brompton, leverage Quix's solutions to enhance predictive maintenance and optimize manufacturing operations. The company operates primarily in the North American and European markets, reflecting a strong foothold in technologically advanced sectors.Quix generates revenue through a subscription-based model, providing clients with access to its cloud and on-premise platforms, including Quix Cloud and Quix Streams. This model facilitates real-time data processing and integration for organizations seeking to optimize their workflows in industrial research and development. Clients typically engage in transactions that involve annual subscriptions or one-time fees for specific project templates and solution accelerators. This structure supports both B2B engagements and direct partnerships with clients in sectors such as manufacturing and energy, where high-quality data repositories and predictive analytics are essential. The company’s flagship offerings are aligned with its commitment to delivering a comprehensive platform for data integration and simulation, addressing the pressing needs of its client base.In November 2022, Quix Analytics Limited raised GBP 11 million in Series A funding led by new investor MMC Ventures, with participation from returning investors Passion Capital and Project A Ventures. The company plans to use the funding to accelerate its event-driven data engineering and real-time applications. Future growth strategies include ongoing development of new products tailored for enhanced data processing capabilities and potential expansion into additional European and North American markets.

## Funding rounds

- Series A, Aug 2, 2022, $13M — MMC Ventures, Passion Capital, Project A
- Seed, Jan 20, 2021, $3.1M — Passion Capital, Project A

## Investors

- Passion Capital — Seed, Series A
- Project A (https://capitalatlas.ai/funds/project-a) — Seed, Series A
- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Series A