Mindgard, a London, UK-based cybersecurity company specializing in safeguarding artificial intelligence, has raised $8 million in funding.  

Investors  

The round was led by .406 Ventures, with participation from Atlantic Bridge, Willowtree Investments, and existing backers IQ Capital and Lakestar.  

.406 Ventures is a Boston-based venture capital firm with over $1.4B under management and nearly two decades of experience leading or co-leading early-stage investments in pioneering healthcare, data + AI, and cybersecurity companies founded by visionary entrepreneurs.  

Mindgard Use of Funds  

The funding will accelerate R&D and support the company’s expansion into the U.S.  

About Mindgard  

Mindgard offers automated red teaming and security testing solutions to help organizations identify and mitigate vulnerabilities in their AI systems. Its award-winning DAST-AI solution provides continuous security testing and automated AI red teaming. Mindgard’s solution integrates into existing automation, empowering security teams, developers, AI red teamers and pentesters to secure AI without disrupting established workflows.  

Funding Details  

Company: Mindgard Limited  

Raised: $8.0M  

Round: Unknown  

Funding Month: December 2024  

Lead Investor: .406 Ventures 

Additional Investors: Atlantic Bridge, Willowtree Investments, IQ Capital, Lakestar  

Company Website: https://mindgard.ai/   

Software Category: Cybersecurity

Source: https://mindgard.ai/blog/mindgard-raises-8m-industry-first-ai-security-solution