Kyle Bass Invests in Company Trying to Predict World's Next Big Trouble Spot

  • New York-based startup Predata closes its seed funding round
  • Capital to be used to hire more engineers, expand R&D

Kyle Bass, known for his contrarian bets against U.S. subprime mortgages and Chinese banks, has joined a $3.2 million initial funding round for Predata, a New York-based startup that uses data from online conversations to predict political volatility and risk.

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