Mirror Security raises $2.5m to secure AI with breakthrough encryption

Mirror Security raises $2.5m to scale its AI encryption platform and signs strategic partnership with G42’s Inception AI for global secure AI adoption.

Mirror Security, a cybersecurity start-up spun out of University College Dublin, has raised $2.5 million in pre-seed funding to accelerate development of its encryption platform designed to protect artificial intelligence systems.

The round was led by Sure Valley Ventures and Atlantic Bridge, with participation from strategic angel investors.

“AI is transforming productivity and reshaping industries, but unsecured data flows pose an urgent risk that threatens to stall adoption”

The Dublin-based company is tackling one of the most pressing challenges in enterprise AI adoption: safeguarding proprietary data during model training and inference.

Its core technology, VectaX, uses fully homomorphic encryption (FHE) to allow AI systems to process sensitive information without ever decrypting it.

Mirror also announced a multi-million-dollar strategic agreement with Inception AI, part of Abu Dhabi-based G42, to deploy its security stack across Inception’s enterprise and government platforms. Additional partnerships include Intel, MongoDB, Qdrant, SiSys AI and Accops.

Mirror, mirror on the wall, who’s the most secure of all?

Founded by Pankaj Thapa and Dr Aditya Narayana K, a specialist in AI security, Mirror’s architecture is based on academic research and protected by 23 patents in cryptography and AI security. The company plans to use the funds to expand engineering teams in Ireland, the US and India, accelerate product development in encrypted inferencing and secure fine-tuning, and enter the US enterprise market.

“AI is transforming productivity and reshaping industries, but unsecured data flows pose an urgent risk that threatens to stall adoption,” said Thapa, Mirror’s chief executive. “With VectaX, we replace policy-based trust with cryptographic proof, ensuring sensitive information remains encrypted even during computation. Our mission is to build the trust layer for the AI economy.”

Barry Downes, managing partner at Sure Valley Ventures, said Mirror is “building the encryption layer for AI” and setting a new standard for data protection across the ecosystem. Weili Wang, investor at Atlantic Bridge, added that the technology offers “a unique solution for secure AI deployment without compromise.”

Mirror’s platform includes AgentIQ for agentic security, DiscoveR for automated red teaming, and VectaX, its production-ready FHE engine optimised for AI workloads. The company operates in Ireland, the US and India.

Top image: Mirror founders Pankaj Thapa and Dr Aditya Narayana K

  • Bank of Ireland is welcoming new customers every day – funding investments, working capital and expansions across multiple sectors. To learn more, click here

  • For support in challenging times, click here

  • Listen to the ThinkBusiness Podcast for business insights and inspiration. All episodes are here. You can also listen to the Podcast on:

  • Spotify

  • SoundCloud

  • Apple

ThinkBusiness
ThinkBusiness.ie, powered by Bank of Ireland, has been created for Irish business owners and managers who are seeking information, resources and help on a range of business topics. It provides practical, actionable information and guidance on starting, growing and running a business.

Recommended