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Diffblue Raises €5.8 Million in Funding

Diffblue, an Oxford, England-based creator of fully autonomous generative AI-for-code software, has raised €5.8 million in funding.

Ben Murray profile image
by Ben Murray
Diffblue Raises €5.8 Million in Funding

Diffblue, an Oxford, England-based creator of fully autonomous generative AI-for-code software, has raised €5.8 million in funding. 

Investors 

The oversubscribed round was backed by IP Group, Parkwalk Advisors, AlbionVC, Oxford University, and Citi Institutional Strategic Investments. 

Diffblue Use of Funds 

The company will use the funding to support its ambitious expansion plans through 2026. 

About Diffblue 

Diffblue develops AI-powered tools for automated code testing, primarily focused on generating unit tests for Java applications. Its flagship product, Diffblue Cover, uses generative AI and reinforcement learning to autonomously create unit tests at high speed. Diffblue's solutions are used by major enterprises, including some of the largest U.S. banks and multinational companies like Citi, Cisco, and AstraZeneca. 

Funding Details 

Company: Diffblue Ltd. 

Raised: €5.8M 

Round: Undisclosed 

Funding Date: October 2024 

Investors: IP Group, Parkwalk Advisors, AlbionVC, Oxford University, Citi Institutional Strategic Investments 

Company Website: https://www.diffblue.com/  

Software Category: Automated Code Testing 

Source: https://www.eu-startups.com/2024/10/oxford-based-diffblue-secures-e5-8-million-to-fuel-momentum-for-generative-ai-for-code/

Ben Murray profile image
by Ben Murray

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