UCD spin-out Mirror Security secures €2.1 million to advance FHE-based AI security in collaboration with Intel

Mirror Security, a cybersecurity company spun out of University College Dublin, has raised €2.1 million in pre-Seed funding to advance its encryption platform for AI security. This investment, led by Sure Valley Ventures and Atlantic Bridge, highlights the growing focus on data protection in the AI sector. Mirror Security’s approach, including its VectaX fully homomorphic encryption engine, is designed to ensure sensitive information remains encrypted even during computation. Mirror Security's platform includes AgentIQ for agentic security, DiscoveR for red teaming, and VectaX for AI workloads. The company’s goal is to address the urgent need for reliable data confidentiality in model training and inference. The funding round is part of a broader trend, with other European companies securing significant investments in related fields. The investment in Mirror Security aligns with a wider European shift towards privacy-preserving systems and reflects confidence in encrypted-compute technologies. Mirror Security's Irish base also indicates regional activity in security and encryption technologies. This development is crucial as organisations increasingly integrate AI into their operations, making data protection a key priority. This funding round, and similar investments in other companies, indicates a strengthening of cryptography-centric infrastructure across Europe. With AI adoption accelerating, secure processing of encrypted data is becoming essential. Mirror Security's technology aims to establish a new standard for data protection, setting a foundation for the next generation of enterprise AI.