Lakera, a Swiss startup focused on securing generative AI applications, has raised $20 million in a Series A round.
- Company’s Mission: Founded in 2021 and launched last October, Lakera defends against vulnerabilities in large language models (LLMs) with initial $10 million funding.
- Investor Backing: The Series A funding was led by Atomico, with additional contributions from Dropbox’s VC arm, Citi Ventures, and Redalpine.
- Lakera Guard: Their flagship product acts as a “low-latency AI application firewall,” securing data flow to and from generative AI systems.
- Innovative Solutions: Lakera Guard provides real-time protection against prompt injections and content moderation for toxic outputs.
- Future Expansion: The $20 million funding will support Lakera’s growth, particularly in the U.S., and serve high-profile clients like Respell and Cohere.
This funding will advance Lakera’s mission to safeguard enterprises from prompt injections and data leakage.