The UCL Technology Fund has provided capital to data anonymisation software producer Anon AI alongside the London Co-Investment Fund, AI Seed and Ascension Ventures.
UK-based data anonymisation software developer Anon AI raised £340,000 ($463,000) in pre-seed capital yesterday from investors including the UCL Technology Fund, the £50m university venturing fund of University College London (UCL).
The publicly owned London Co-Investment Fund, AI Seed and Ascension Ventures also participated in the round.
Anon AI is working on software to automate the anonymisation of data to allow for secure data sharing.
The technology is expected to gain in significant relevance as the EU enforces its General…
