The story
Knoema was launched in 2014 under a collaboration with the African Development Bank to develop the African information highway, a multi-year open data and data transparency initiative. The company also worked with the European Commission Joint Research Centre and the African Development Bank to develop digital data collection and distribution of food commodities price data in Africa. Knoema also provided SDMX-compliant systems to facilitate structured data collection and sharing between national governments and the International Monetary Fund.
In February 2020, the firm pushed into the alternative data space through its acquisition of Adaptive Management, an alternative data aggregator and solutions provider.
In 2020, Knoema continued to develop partnerships with many data vendors. On 3 November 2020, Knoema launched its new data catalog, branded as "Alternative Data+." This catalog is made up of hundreds of alternative data tear sheets that feature information about each data provider including tickers and sectors covered, known biases, and in some cases, pricing, metadata, and sample datasets.
In December 2020, Knoema was acquired by Eldridge Industries and received investment from Snowflake Ventures.
From Wikipedia’s article on Knoema, shared under CC BY-SA 4.0.3