Safe Intelligence Boosts AI Model Testing with £4m Funding
Deal News | Feb 20, 2025 | UK Tech Funding
An Imperial College London spinout, Safe Intelligence, has raised £4.15 million in a seed funding round led by Amadeus Capital Partners. The company specializes in verifying AI models, which is becoming increasingly urgent as AI adoption grows across sectors like finance and healthcare. Lack of robust testing can lead to unvalidated AI models being deployed, posing significant risks. Safe Intelligence's CTO, Alessio Lomuscio, emphasizes the company's capability to make AI models more robust by offering deep analysis and actionable insights. The startup's CEO, Steven Willmott, highlighted the challenge of ensuring the reliability of machine learning components compared to traditional software systems. The round also saw participation from VCs OTB Ventures and Vsquared Ventures. The UK government's AI Security Institute is involved in testing AI's safety, revealing a growing recognition of the need for robust AI validation mechanisms.
Sectors
- Artificial Intelligence
- Venture Capital
Geography
- United Kingdom – The article involves a UK-based spinout company supported by UK-centric investment firms and discusses AI safety regulations relevant to the UK market.
Industry
- Artificial Intelligence – The article focuses on an AI spinout developing technology to test and validate AI models, crucial for ensuring reliability and safety across multiple sectors.
- Venture Capital – The article discusses a seed funding round involving a venture capital firm, Amadeus Capital Partners, which is investing in an AI technology firm.
Financials
- £4.15 million – The amount raised by Safe Intelligence in its seed funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Safe Intelligence | Target Company | Company | An AI spinout from Imperial College London focusing on AI model validation. |
| Amadeus Capital Partners | Lead Investor | Company | A venture capital firm led by Hermann Hauser, involved in the seed funding round. |
| OTB Ventures | Investor | Company | A venture capital firm participating in the funding round. |
| Vsquared Ventures | Investor | Company | A venture capital firm participating in the funding round. |
| Imperial College London | Founding Institution | Institution | The academic institution from which Safe Intelligence was spun out. |
| AI Security Institute | Government Involvement | Government | UK government's institute involved in testing AI safety. |
| Alessio Lomuscio | CTO | Person | Chief Technology Officer of Safe Intelligence. |
| Steven Willmott | CEO | Person | Chief Executive Officer of Safe Intelligence. |
| Dr. Manjari Chandran-Ramesh | Partner at Amadeus | Person | Partner at Amadeus Capital Partners. |