Thought Machine secured £30 million ($41 million) from an unnamed "Tier 1" bank, which is also a client, marking a significant funding injection as its annual revenues surpassed $100 million for the first time in 2025, a 57% year-over-year increase. This funding, part of an enlarged £80 million raised in total, will support continued commercial growth, with the company also reporting a reduction in losses from nearly £70 million to around £12 million. Key clients include Lloyds, JP Morgan Chase, and Intesa Sanpaolo, with previous investors like Morgan Stanley and Molten Ventures also involved.