M12, the corporate venture capital unit formerly known as Microsoft Ventures, has contributed to a $1m round for Hazy, a UCL spinout previously known as Anon AI.
Hazy, a UK-based data anonymisation developer spun out from University College London (UCL), received $1m yesterday from investors including M12, the corporate venturing arm of computer company Microsoft formerly known as Microsoft Ventures.
Notion also contributed to the funding round.
The spinout, previously known as Anon AI, received the money alongside credits to Microsoft’s cloud platform Azure. It was one of four businesses to win Microsoft’s Innovate AI competition.
Hazy is developing software that automates the anonymisation of data…
