MMind Foundry builds enterprise AI software focused on high-stakes decisions in sectors like insurance, infrastructure, and defense. It offers the Mind Foundry Platform, a toolset that lets data scientists and business users design, test, deploy, and monitor responsible, explainable AI models. The platform supports human-AI collaboration, model governance, and ongoing monitoring, applying Bayesian inference and probabilistic methods to real-world problems such as fraud detection, pricing optimization, claims management, and infrastructure health monitoring. The company differentiates itself through its research-backed approach from the University of Oxford, emphasis on explainability and governance for trusted AI, and strategic partnerships (e.g., ANDI) that target large enterprises and public sector clients. Its goal is to help organizations deploy transparent, reliable AI that improves decision-making while maintaining control over model behavior and risk.
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Industries
Company Size
51-200
Company Stage
Grant
Total Funding
$59.9M
Headquarters
Oxford, United Kingdom
Founded
2016
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Total Funding
$59.9M
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Industry Average
Funded Over
11 Rounds
Mind Foundry, the Oxford spinout founded in 2016 by professors Stephen Roberts and Maike Osborne, has narrowed its focus from three sectors to defence and national security. Chief executive Lindsay Chadwick, who took over in late 2025, called it her hardest decision, citing "mission, technical fit and national need." The company's software helps operators make sense of sonar, radar and other sensor data, with a human still making the call. Its NIGHTINGALE product was tested with the Ministry of Defence, the Royal Navy and Thales. The timing suits it. The UK government has set out £298bn of defence investment over four years, including a £200M AI fund. More than half of Mind Foundry's staff invested their own money in the reshaped company.
Mind Foundry is working on AI technology to help HS2 engineers monitor infrastructure and equipment for performance changes, supporting a "predict and prevent" approach to maintenance.
At the beginning of 2023, Aioi Nissay Dowa Europe Limited announced the launch of the Aioi R&D Lab - Oxford, a joint venture between its parent company, Aioi Nissay Dowa Insurance (ANDI) and its AI partners, Mind Foundry.
Mind Foundry Ltd., an artificial intelligence startup vying to help insurers decide which drivers should be covered, has raised $22 million in funding, the latest sign of growing demand to deploy AI in critical sectors where there's little room for error.
Mind Foundry worked with Aioi Nissay Dowa Insurance (ANDE-UK) to understand the patterns of fraud and embed these into an AI solution to combat fraud more effectively.
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We're working on gathering enough insights on this company, check back soon!
Industries
Company Size
51-200
Company Stage
Grant
Total Funding
$59.9M
Headquarters
Oxford, United Kingdom
Founded
2016
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs