Mindgard raises $30 million Series A led by Album VC
The AI security company will expand product, engineering and commercial teams.
Karma Ventures joined the round alongside existing investors .406 Ventures, Atlantic Bridge, IQ Capital and Lakestar. The financing follows growing adoption across industries including financial services, pharmaceuticals and healthcare.
Mindgard says its research has produced more than 150 publicly disclosed vulnerabilities in widely used AI products. The new capital will help turn that research base into a larger commercial operation as enterprises move AI into production.
Use of funds
Scale product and engineering
Expand sales and marketing