Private Equity VC Fund Investments
AI security startup SydeLabs raises $2.5 M led by RTP Global
Source Inc42 (opens in a new tab)
Bengaluru- and San Francisco, CA (USA) -based AI security and risk management startup SydeLabs has raised USD 2.5 million (INR 20.8 crore) in a seed funding round led by RTP Global, with participation from Picus Capital and angel investors. SydeLabs will use the funds for product development.Founded earlier this year by Ruchir Patwa and Ankita Kumari, the startup is building a suite of solutions which helps detect and prevent vulnerabilities in AI tools.SydeLabs has launched its first product in beta phase earlier and aims to launch another before the end of March 2024.