London-based Safe Intelligence, a company specialising in deep validation AI systems, has raised £4.15M (approximately €5.01M) in a seed round of funding.
The round was led by Amadeus Capital Partners, with additional investment from OTB Ventures and existing investor Vsquared Ventures.
Dr Manjari Chandran-Ramesh, Partner at Amadeus Capital Partners, says, “As one of the earliest investors in AI, Amadeus sees that the potential of this enabling technology will only be fully realised if models can be relied on to perform.
Banks, insurers and other corporates using complex AI models internally are holding back from applying them to frontline, customer-facing or regulated activity because of fears that their models are not robust enough.”
“Safe Intelligence can identify fragilities, tackle them, and unleash the power of AI across industries from transport to finance.”
Safe Intelligence has also launched an early access programme for companies in high-safety industries, offering tools, model validation, and hands-on support to tackle AI validation challenges.
Making AI safe and secure
Safe Intelligence, a spin-out from Imperial College London, enhances AI model reliability through deep validation, identifying and correcting weaknesses that could lead to failures.
Its ‘robustification’ process strengthens models for real-world use, addressing the urgent gap between AI development and reliability testing. This is crucial in high-risk industries like finance, robotics, mobility, and aviation, where errors can have serious consequences.
In finance, for instance, Safe Intelligence helps ensure AI-driven lending decisions remain stable despite unexpected input variations, allowing users to detect and mitigate potential risks.
The company provides command-line tools and a platform for large-scale formal verification and robustification. Its solutions support various neural network and decision tree models for vision and tabular data, with plans to extend to language models in the future.
Safe Intelligence’s management team
The London-based company was founded by Alessio Lomuscio, a professor at Imperial College London and an expert in AI safety. With 25 years of experience, he has authored 200+ research papers, holds multiple AI safety patents, and has secured funding from global institutions. He is a distinguished ACM member and EurAI fellow.
Lomuscio says, “Safe Intelligence offers deep analysis of machine learning models enabling users to gain actionable insights that can make the model more robust. Today we have reliable hardware and very dependable software. We want to help society use robust AI as well.”
Steven Willmott, the newly appointed CEO of Safe Intelligence, previously oversaw the company’s product and engineering. Before this, he founded and led 3scale, a major API management company later acquired by Red Hat. He holds a Ph.D. in AI and co-led a leading AI research lab at UPC in Barcelona.
Willmott mentions, “Existing software development is based on a foundation of unit testing all system components. As these components become machine learning-based, we can no longer be completely sure of their behaviour and, hence, the systems we build.”
“Our mission is to provide tools to radically improve our ability to validate machine-learned components and get back to a world where we can have high confidence in our systems.”
Brief about Imperial College London
Imperial College London is a university specialising in science, technology, engineering, medicine, and business (STEMB). It fosters scientific discovery, innovation, and entrepreneurship to tackle global challenges in health, climate change, AI, and more.
With nine campuses, 22,000 students, and 8,000 staff, Imperial has a legacy of achievements, including penicillin, holography, and fibre optics. It was founded in 1907.
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