The seed round was co-led by Fly Ventures and firstminute capital with participation from prominent angel investors.
"Current AI systems are great at generating code to complement a codebase, but they can’t reason about software as a complete system. Reasoning requires understanding and modelling the environment to ensure language models work reliably. We’re building something fundamentally different – an AI that understands not just how to write code, but how to turn the description of a user’s intent into reliable, production-ready solutions. Beyond the deep tech element to building such a system, we’re also reimagining how the right product experience should look like. In the private beta of our product CodeWords, we noticed how the users’ main role was shifting to more of a project manager or product owner."
The investment was led by Praetura Ventures to support regional team growth and cybersecurity research.
"Unfortunately for many businesses, the complexity and volume of cyber events is increasing every day. More effective use of Automation and AI is fundamental to enabling better detection, protection, response and resolution outcomes, but equally as threats continually evolve so to must our capabilities. Response time is critical to mitigating the impact of cyber events in any business, as well as improving business resilience. CloudGuard are striving to provide more cost-effective, more responsive resolution-based services for all businesses with leading security solutions from Microsoft and other partners. Manchester is our home. It’s such an amazing City, rapidly becoming one of the UK’s leading cyber hubs. We are thrilled with the Northern Powerhouse investment and plans to accelerate our business and talent."
The seed round was led by Fuel Ventures to support research and development and international expansion.
"I spent 14 years as a medical researcher, and I would spend hundreds of hours copying data from one system to another. The back-office process is completely broken. When you multiply this across the industry the costs for patients and research institutions are astronomical."
The round was led by Galaxy Interactive with backing from Galaxy Ventures and Unbound.
"AI advancements are rapidly outpacing any AI detectors or retroactive solutions to authenticating content – it’s a losing arms race. Our approach is sustainable, what’s proven to be true today will still be true a decade down the line. We leverage the immutable quality of blockchains to combat AI. By proving content at source, we can guarantee what is human-created and what isn’t. In our minds, purpose built blockchains are the only acceptable solution for trust online in a world of AI."
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