On January 7, 2022, artificial intelligence protection startup TrojAI Inc. ("TrojAI") announced that it has has secured $3 million in seed funding round. The round was led by Seattle’s Flying Fish Ventures and the Atlantic Canada venture capital fund Build Ventures, with participation from Techstars, Concrete Ventures, and the New Brunswick Innovation Foundation.
TrojAI develops solutions to protect AI platforms from adversarial attacks on training data and AI models, such as poisoning or embedded Trojan and evasion attacks.
Fasken advised Flying Fish Ventures, Build Ventures, New Brunswick Innovation Foundation and Concrete Ventures with a team comprised of Will Shaw, Jake Woloshyn and Evan Conover in connection with the Series Seed investment.
Jurisdiction
- Canada