SAIF Autonomy Secures $950K for U.S. Expansion with Fusion Fund Backing
Deal News | Feb 14, 2025 | Business Cloud
Oxford-based SAIF Autonomy, specializing in control assurance, has raised £950,000 in a pre-seed funding round led by Silicon Valley's Fusion Fund to fuel its U.S. expansion. As a portfolio company of Cambridge Future Tech, SAIF Autonomy is revolutionizing safety in physical AI systems with its NEXUS platform, a real-time guardian for AI-driven systems that enhances safety by monitoring and intervening within predefined rules. This funding will support team expansion, product development, and new contracts with prestigious entities like The Defence Science and Technology Laboratory, The European Space Agency, and The Defence Artificial Intelligence Centre. The company is set to leverage this opportunity to scale operations in the U.S. and globally.
Sectors
- Artificial Intelligence
- Venture Capital
- Defense and Space
Geography
- United Kingdom – SAIF Autonomy is based in Oxford, UK.
- United States – The company aims to expand its operations into the U.S. market.
Industry
- Artificial Intelligence – SAIF Autonomy operates in the AI sector, emphasizing safety in physical AI systems.
- Venture Capital – The article discusses a funding round led by the VC firm Fusion Fund.
- Defense and Space – SAIF Autonomy has secured contracts with The Defence Science and Technology Laboratory, The European Space Agency, and The Defence Artificial Intelligence Centre, highlighting its involvement in the defense and space sectors.
Financials
- 950,000 – The amount raised by SAIF Autonomy in a pre-seed funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SAIF Autonomy | Target Company | Company | An Oxford-based control assurance firm focusing on safety in physical AI systems. |
| Fusion Fund | Lead Investor | Company | A Silicon Valley-based venture capital firm that led the pre-seed funding round. |
| Cambridge Future Tech | Investor | Company | A portfolio investment company involved with SAIF Autonomy. |
| Kyle Thomas | CEO and Co-Founder | Person | CEO and co-founder of SAIF Autonomy. |
| Ryan Taylor | Partner at Fusion Fund | Person | Partner at Fusion Fund, commenting on their investment in SAIF Autonomy. |
| The Defence Science and Technology Laboratory | Client | Government | A UK government agency engaged as a client with SAIF Autonomy. |
| The European Space Agency | Client | Government | A client of SAIF Autonomy for projects related to space. |
| The Defence Artificial Intelligence Centre | Client | Government | A client focusing on AI in defense collaborating with SAIF Autonomy. |