The Series A round was led by Album VC with participation from Karma Ventures,.406 Ventures, Atlantic Bridge, IQ Capital and Lakestar.
"AI is creating an entirely new attack surface, and organisations need a fundamentally different approach to securing it. We don’t just automate attacks. We operationalize expertise, turning the knowledge of leading AI security researchers and offensive security practitioners into the capabilities every enterprise needs to secure their AI"
The $300m Series C values the defence tech startup at $3.4bn following backing from DFJ Growth.
"This raise is testament to the incredible work of the entire Cambridge Aerospace team. The addition of these funds will allow us to continue to scale our manufacturing and our delivery to meet the pace of threats, and the needs of Allied nations,"
The legal AI startup has extended its Series B round with backing from Intact Private Capital and FT Ventures, pushing total funding to $114m.
"Every dollar that leaves a legal team and goes to outside counsel is a decision. Too often, those decisions are made by default rather than by design, because legal teams have never had the infrastructure to handle the work internally. Wordsmith gives them that infrastructure,"
Omega Ventures led the pre-seed round, which will fund product development and team expansion.
"Current AI tools largely improve lawyer efficiency, but efficiency is not enough. Good tools make disputes efficient, but great ones make them disappear,"