Mindgard raises $30M to handle security for AI models and applications
Mindgard Ltd., a leader in artificial intelligence cybersecurity, announced today that it raised $30 million in early funding to scale up its product in response to significant demand across the industry, given an increase in high-impact vulnerabilities.
Album VC led the Series A funding round. Karma Ventures and existing investors also participated, joined by .406 Ventures, Atlantic Bridge, IQ Capital and Lakestar.
The company combines AI security research with offensive security expertise against AI systems. Founded in 2022, Mindgard is a spinout from Lancaster University to commercialize more than a decade of AI-security research technology designed to mitigate attacks on AI models, applications and agents. While it originated at the university, it now operates as an independent company, headquartered in Boston and London.
The company noted that it has publicly disclosed over 150 high-impact vulnerabilities in popular AI applications to date.
