Factmata Secures £575K Seed Funding to Fight Online Misinformation

Factmata, a London, UK-based developer of an artificial intelligence powered platform aimed at reducing online misinformation, has raised £575K in seed funding

The funding was led by Mark Cuban, Mark Pincus, Ross Mason, and Sunil Paul

The company plans to use the funds to develop its platform further

Factmata leverages academic research in natural language processing and information retrieval to develop a fact-checking system that can detect fake news, track rumors and hoaxes, and track promises.