Artificial intelligence (AI)-led risk management solutions provider, SydeLabs said it has raised $2.5 million as a part of its seed round of funding led by RTP Global.
The round also saw participation from early-stage investment firm Picus Capital along with marquee angel investors including Cred founder Kunal Shah and Mobile Premier League founder Sai Srinivas Kiran among others.
SydeLabs said it will use the funds for research and development (R&D) and to build on its existing product portfolio.
Founded by Ruchir Patwa and Ankita Kumari in 2023, SydeLabs helps enterprises and core AI companies identify vulnerabilities in their generative AI models and applications before they go into final production.
“Most enterprises use one of the open-source foundational models out there and then build the context of their enterprises on top of it (to launch AI applications),” Kumari told ET. “However, open models are actually not tuned for safety and security and inherit some of these vulnerabilities, which can later seep into an enterprises’ AI applications. SydeLabs helps detect these vulnerabilities early on during the production cycle,” she added.
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