LONDON – Mirror Security, a cybersecurity firm specializing in data protection for artificial intelligence platforms, has raised $2.5 million in pre-seed funding led by funds including one tied to London-listed investor Mindflair plc, it announced on Wednesday.
The Dublin-based startup, simultaneously announcing a multi-million dollar strategic partnership with UAE AI leader Inception AI, said the funding would scale its encryption platform designed to solve data confidentiality risks in AI model training and operations.
The investment was made by Sure Valley Ventures’ third fund (SVV3), in which AIM-quoted Mindflair holds an interest, and Atlantic Bridge, with participation from angel investors. Mirror was spun out of University College Dublin by co-founders Pankaj Thapa and Professor Aditya Narayana K.
The company targets a critical barrier to corporate AI adoption: the exposure of proprietary data during AI processing. Its solution, VectaX, uses a breakthrough called Fully Homomorphic Encryption (FHE), which allows data to remain encrypted while being processed by AI systems.
“The risk of exposing sensitive data has surged as organisations integrate AI,” said Nicholas Lee, a director of Mindflair. “Mirror’s technology is a true enabler for secure AI adoption, ensuring data privacy while allowing organisations to harness the full potential of AI.”
Mirror’s new partnership with Inception AI, a G42 company and a major provider of agentic AI solutions in the United Arab Emirates, will see its security stack deployed across Inception’s enterprise and government ecosystem. The company also has strategic partnerships with Intel, MongoDB, and others.
The deal underscores growing investor and corporate urgency to secure the generative AI ecosystem, where data leakage remains a paramount concern for industries from finance to healthcare. Mirror said the new capital would accelerate its go-to-market strategy and platform development.