Control assurance firm SAIF Autonomy has raised £950,000 in a pre-seed funding round led by Silicon Valley’s Fusion Fund.
The Oxford-based business is a Cambridge Future Tech portfolio company and is said to be redefining safety in physical AI systems through its Autonomy platform.
At its core is NEXUS, a real-time guardian for AI-driven systems, monitoring actions and intervening within predefined rules to help prevent unsafe behaviour.
The funding will be used to expand the team, enhance product development and advance its future innovations.
It will also enable the business to expand operations into the US.
‘I won £1m on Dragons’ Den. Now I’m giving 500 users shares in my startup’
Through this, the company has already signed contracts with The Defence Science and Technology Laboratory, The European Space Agency and The Defence Artificial Intelligence Centre.
“We are incredibly privileged to have Fusion Fund as our lead investor and are truly humbled by their belief in our vision,” said Kyle Thomas, CEO and co-founder.
“This partnership marks an exciting opportunity to expand into the US market and scale globally together.”
Ryan Taylor, partner at Fusion Fund, added: “The demand for trustworthy AI systems is growing, and SAIF’s innovative solutions are timed to address this need.
“We are thrilled to partner with SAIF and Cambridge Future Tech as they pioneer a new era in physical AI assurance.”
From uni dropout to boss of £2.5m budget and The Apprentice star