Mindgard

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 million
• Sector: DeepTech & AI
• Advisor: N/A
• Key Entities: Mindgard (Target), Album VC (Lead Investor), Karma Ventures, .406 Ventures, Atlantic Bridge, IQ Capital, Lakestar
• Location: London and Boston

Note: 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.