Mindgard

Investor: Album VC

Mindgard, a DeepTech startup focused on AI security, has raised £22 million in Series A funding led by Album VC, with participation from Karma Ventures and other investors. The company plans to use the funds to expand its platform and global reach.Summary of transaction details:Value: £22 millionSector: DeepTech & AIAdvisor: N/AKey Entities: Mindgard (Target), Album VC (Lead Investor), Karma Ventures, .406 Ventures, Atlantic Bridge, IQ Capital, LakestarLocation: London and BostonNote: This transaction reflects the growing importance of AI security as enterprises integrate AI into critical operations, and Mindgard's proven technology addresses a significant gap in the market.

Investor: Album VC

London- and Boston-headquartered AI security company Mindgard has successfully closed a $30 million (£22.2 million) Series A funding round led by Album VC. Summary of transaction details: Value: $30 million (£22.2 million) Series A. Sector: DeepTech & AI / Cybersecurity / AI Governance & Red Teaming. Advisor: Not disclosed. Key Entities: Target: Mindgard (Mindgard Limited); Lead Investor: Album VC; Participating Investors: Karma Ventures, .406 Ventures, Atlantic Bridge, IQ Capital, and Lakestar; Key Leadership: James Brear (CEO), Dr. Peter Garraghan (Founder & CSO). Location: Dual headquarters in London, UK and Boston, Massachusetts, USA. Note: Spun out from over a decade of cutting-edge AI security research at Lancaster University by computer science professor Dr. Peter Garraghan, Mindgard has engineered a specialized offensive cybersecurity platform designed to protect enterprise AI systems. As organizations rapidly deploy large language models (LLMs), agentic frameworks, and generative software directly into mission-critical pipelines, traditional perimeter cyber defenses fail to address prompt injections, data poisoning, model extraction, and agent jailbreaking. Mindgard operationalizes the knowledge of offensive security researchers into an automated, continuous defense layer. The platform delivers Shadow AI discovery, automated automated red-teaming, model vulnerability scanning, and real-time runtime threat detection across both proprietary and third-party AI deployments. Demonstrating its technical capabilities, Mindgard’s research team has uncovered and publicly disclosed more than 150 high-impact AI safety and security vulnerabilities in leading tools—including zero-day flaws in Cursor IDE, Google Antigravity, and guardrail bypasses in OpenAI’s ChatGPT. This $30m Series A injection will be deployed to accelerate product and engineering pipelines, scale global go-to-market and customer support functions, and expand enterprise market presence across North America and Europe.

Investor: .406 Ventures, Willowtree Investments, Atlantic Bridge, Lakestar, IQ Capital

Investor: IQ Capital, Lakestar