Funding Round: Founding Grant (Ada Lovelace Institute)
The source confirms the funding round name ('Founding Grant' / 'Ada Lovelace Institute'), the date (2018-03), and the general magnitude of funding. However, there is a discrepancy in the exact amount: the source states '£5 million over five years' while the record claims '6,674,500' (approximately £6.67 million). The source's £5 million figure is clearly stated multiple times and is the total commitment over five years, not a single-year amount. The record's figure of £6.67 million does not match the source's £5 million commitment. This is a genuine numeric contradiction, not a rounding or formatting difference.
Our claim
entire record- Company
- Ada Lovelace Institute
- Company
- Ada Lovelace Institute
- Name
- Founding Grant
- Date
- March 2018
- Raised
- 6674500
- Raised Low
- 6674500
- Raised High
- 6674500
- Instrument
- grant
- Lead Investor
- Nuffield Foundation
- 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 evidence
1 src · 1 checkNoteThe source confirms the funding round name ('Founding Grant' / 'Ada Lovelace Institute'), the date (2018-03), and the general magnitude of funding. However, there is a discrepancy in the exact amount: the source states '£5 million over five years' while the record claims '6,674,500' (approximately £6.67 million). The source's £5 million figure is clearly stated multiple times and is the total commitment over five years, not a single-year amount. The record's figure of £6.67 million does not match the source's £5 million commitment. This is a genuine numeric contradiction, not a rounding or formatting difference.