Worldmodeldata, a Cambridge-based startup building the world’s largest database of video game-generated training data for next-generation AI, has raised £7m in seed funding as it emerges from stealth. 

The round was led by Iona Star Capital, a London-based venture capital fund focused on early-stage companies operating at the intersection of AI, data and technology.

The company was founded by serial entrepreneur Rhea Loucas and is supported by Lord Richard Allan, UK technology policy specialist and Meta’s former VP of Public Policy, who joins the board as chairman.