fhunded’s Post

Investment News! Lancaster University Spinout Mindgard Secures $8M to Transform AI Security! Congratulations to Professor Peter Garraghan, EPSRC Fellow in the School of Computing and Communications and leader in Distributed Systems, who founded Mindgard in 2022. As CEO, he has guided the company from strength to strength, leveraging a decade of AI security research to drive this extraordinary journey. This achievement underscores Lancaster University's dynamic innovation ecosystem, where cutting-edge research evolves into impactful real-world solutions. Simon Cook, Professor in Practice - Data and Cyber Research remarked: “This is excellent news for Lancaster University and the North West. Our ambition is to make this region the heart of the UK's cyber innovation community, and this is a fantastic example of a successful spinout from university cyber research. Mindgard is blazing a trail we hope will become a well-trodden pathway for other researchers.” This funding round, led by .406 Ventures and supported by Atlantic Bridge WillowTree Investments, IQ Capital, and Lakestar, will enable Mindgard to expand its reach globally, bolster its team with new hires such as Dave Ganly and Fergal Glynn and accelerate their research and development initiatives. 🔗 Read the full story here: https://lnkd.in/e95YBQ_S #NWCyberCom #NorthWestCyberCorridor #Innovation #AI #Cybersecurity #Investment #LancasterUniversity #Spinout #ResearchCommercilisation Dion Williams, Mark Rushforth, Peter Rawling, Lancashire Cyber Alliance, Lancaster University Cyber Security, Science & Technology at Lancaster University, fhunded, Investor Ladder, Gordon Bateman, Nigel Davies, North West Cyber Security Cluster, UKC3 - UK Cyber Cluster Collaboration, Plexal Cyber, Research Commercialisation at Lancaster University Research England