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The UK government's £500M sovereign VC fund invests in Augur, a UK security startup leveraging AI technology, to enhance Britain's surveillance network.
Amount Raised
£500 Million
Round Type
Seed
Investors
Description
The UK government's £500M VC fund, focused on domestic AI startups, is investing in Augur to improve national security using AI technology. Augur's system transforms fragmented sensor networks into real-time intelligence for public safety. The investment allows Augur access to Isambard-AI, the UK's most powerful AI supercomputer for training its technology. With prior funding of $15 million in a seed round, Augur is set to advance its capabilities significantly.
Fundz sees it the moment Augur raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Augur raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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