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funding-round

Founding Grant (2018-03)

Metadata

Source Tablefunding_rounds
Source IDI7PnmqOgPz
Descriptionraised $6,674,500, grant, led by Nuffield Foundation
Source URLwww.nuffieldfoundation.org/news/the-nuffield-foundation-announces-new-5-million-ada-lovelace-institute
ParentAda Lovelace Institute
Children
CreatedMar 23, 2026, 3:10 PM
UpdatedMar 23, 2026, 3:10 PM
SyncedMar 23, 2026, 3:10 PM

Record Data

idI7PnmqOgPz
companyIdAda Lovelace Institute(organization)
companyEntityIdAda Lovelace Institute(organization)
companyDisplayName
nameFounding Grant
date2018-03
raised6674500
raisedLow6674500
raisedHigh6674500
valuation
valuationLow
valuationHigh
instrumentgrant
leadInvestorNuffield Foundation
leadInvestorEntityId
leadInvestorDisplayName
sourcewww.nuffieldfoundation.org/news/the-nuffield-foundation-announces-new-5-million-…
notes£5 million funding commitment over five years to establish the Ada Lovelace Institute. Announced on March 19, 2018, as a founding grant from the Nuffield Foundation in partnership with multiple organizations including the Alan Turing Institute, Royal Society, British Academy, and others.

Source Check Verdicts

partial85% confidence

Last checked: 4/7/2026

The source confirms the name 'Founding Grant' (implied by the establishment announcement), the date of March 2018 (28/03/18), and a funding amount of £5 million. However, the record claims £6,674,500 (approximately $6.67M USD), while the source states £5 million. The discrepancy could be due to currency conversion (GBP to USD) or inclusion of additional funding beyond the initial Nuffield Foundation commitment, but the source text only mentions the £5 million figure. The record's raised amount contradicts the source's stated £5 million commitment.

Debug info

Thing ID: I7PnmqOgPz

Source Table: funding_rounds

Source ID: I7PnmqOgPz