Process intelligence company Mimica has secured £19.5 million in Series B funding to accelerate its mission of bridging the gap between enterprise operations and the deployment of agentic AI.
The round was led by Paladin Capital Group, with continued backing from Khosla Ventures, LGVP and Entrepreneurs First.
The London-based company’s technology addresses the difference between what generative and agentic AI tools promise and the reality of how organisations work.
It learns how employees really perform tasks and converts that insight into process maps.
These serve as blueprints for training AI agents that are context-aware, compliant and effective at scale.
The business claims its approach delivers results in weeks without manual intervention.
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“In enterprise AI, capability means nothing without context,” said Tuhin Chakraborty, CEO and co-founder of Mimica.
“The agents that will win are the ones that understand the work – that’s what we make possible.
“Our technology shows companies where AI can make the biggest impact and gives agents the process knowledge to deliver it.
Our goal is to help the world’s biggest organisations move AI from an interesting internal experiment to something that runs at the heart of the business and takes on the burden and mundanity of repetitive tasks, so employees can spend their time more wisely.”
The firm has seen rapid traction in the past 18 months, growing ARR by more than 570% and securing over 30 enterprise customers, including multiple Fortune 500 firms across healthcare, logistics, financial services and manufacturing.
Nazo Moosa, managing director at Paladin Capital Group, who has joined Mimica’s board, added: “AI is poised to be the most transformative force in the enterprise over the next decade – but only if it’s built on a foundation of trust.
“Mimica is the first company to unlock that workflow layer at scale – enabling enterprise agents to move from sandbox environments to high-impact, production-ready automation.
“We are thrilled to be supporting Mimica across both continents with Paladin teams on the ground in New York and London.”