Adarga closes £5M Series A funding for its Palantir-like AI platform

INSUBCONTINENT EXCLUSIVE:
But this news rather cloaks the fact that it has been building up a head of steam since its founding in 2016, building up what they say is a
internationally.Adarga, which comes from the word for an old Moorish shield, is a London and Bristol-based startup
It uses AI to change the way financial institutions, intelligence agencies and defence companies tackle problems, helping crunch vast
amounts of data to identify possible threats even before they occur
military.What Adarga does is allow organizations to transform normally data-intensive, human knowledge processes by analyzing vast volumes
of data more quickly and accurately
support from Benevolent AI, one of the key players in the U.K
AI tech scene
Benevolent AI, which is worth $2 billion after a $115 million funding round, is a minority shareholder in Adarga
completion of this round, Adarga is focused on consolidating its competitive position in the U.K
defence and security sector
We are positioning ourselves as the software platform of choice for organisations who cannot deal effectively with the scale and complexity
of their enterprise data and are actively seeking an alternative to knowledge intensive human processes
Built by experienced sector specialists, the Company has rapidly progressed a real solution to address the challenges of an ever-growing
operations expert who fought in Iraq and Afghanistan, and was awarded the military cross.The company recently held a new annual event, the
Adarga AI Symposium, at the The Royal Institution, London, which featured futurist Mark Stevenson, Ranju Das of Amazon Web Services and
General Stanley A
support real-time critical decisioning by public sector and defence stakeholders
What Rob and the team have built in a short time is a hugely exciting example of the founder-led, disruptive businesses that we like to
Asia-Pacific, the U.K
and the U.S
It has previously invested in Cluey Learning (Series A, AUS$20 million), Everproof, Switch Automation and Automio.