Mindgard Ltd

Founded in 2022 and based in London, UK, Mindgard Ltd. is a deep tech spin-out from Lancaster University that operates as an artificial intelligence security company that analyze counterproductive risks against businesses AI models. Peter Garraghan (CEO/CTO), Steve Street (CRO/COO), and Neeraj Suri (CSO) are the co-founders of the company. In September 2023, Mindgard Ltd.

raised GBP 3 million in seed funding from IQ Capital and Lakestar. The company's flagship product is an AI threat assessment tool designed to identify and evaluate vulnerabilities in AI models and systems. The firm’s AI tool capability allows it to automate threat assessment across a multitude of attack scenarios. Mindgard's modular subcomponent architecture allows integration with existing AI models, software frameworks, and hardware platforms.

In addition, the company offers AI security auditing services for both the developmental and production phases. Its automated attack detection features provide real-time insights and countermeasure recommendations tailored to specific AI deployments. The product also fosters collaboration among developers, security auditors, and stakeholders, facilitating swift and informed decision-making. The organization plans to use the September 2023 funding to grow its market reach in the UK and launch its platform.