Business
New Investment in AI Data Security Company
Mindflair plc, an AIM-quoted company focused on AI investments, announced that Sure Valley Ventures' third fund, in which Mindflair has an interest, has invested US$2.5 million in pre-seed funding in Mirror Security Limited, a Dublin-based cybersecurity firm specializing in generative AI data protection. Mirror Security's VectaX platform utilizes Fully Homomorphic Encryption to allow AI systems to process sensitive data while it remains encrypted, addressing a critical need for secure AI adoption. This investment follows Mirror Security's recent multi-million-dollar strategic agreement with Inception AI to deploy its AI security stack across the UAE. Disclaimer*
About this update from Mindflair Plc
[{"type":"text","content":"\n\n3 December 2025\nMindflair plc\n(\"Mindflair\" or the \"Company\")\nNew Investment in AI Data Security company Mirror Security Limited\nMindflair plc, the AIM-quoted company focused on investing in Artificial Intelligence (\"AI\") related technology, is pleased to announce that Sure Valley Ventures' (\"SVV\") third fund (\"SVV3\"), in which Mindflair holds an interest, has made a new investment in Mirror Security Limited (\"Mirror\"), a Dublin-based cybersecurity company specialising in data protection across the generative AI ecosystem.\n \nSpun out of University College Dublin (UCD), Mirror has raised US$2.5 million in pre-seed funding in a round co-led by SVV and Atlantic Bridge, with participation from strategic angel investors, to scale its breakthrough encryption platform for AI Security. The company was founded by Pankaj Thapa and Dr Aditya Narayana K, a professor at UCD and global expert in AI security.\n \nMirror is addressing one of the most urgent problems in enterprise AI adoption - the lack of reliable data confidentiality in model training and inference. As organisations integrate AI into their operations, the risk of exposing proprietary data during AI processing has surged. Mirror solves this through its revolutionary Fully Homomorphic Encryption (FHE) technology, VectaX, which allows AI systems to process sensitive data while keeping it completely encrypted.\n \nOn 24 November 2025, Mirror announced a multi-million-dollar strategic agreement (the \"Partnership\") with Inception AI (\"Inception\"), a G42 company and a leading innovator of agentic AI solutions in the UAE. Under the Partnership, Mirror will deploy its full AI security stack across Inception's enterprise and government ecosystem, enabling secure, scalable AI adoption globally. Mirror has also forged strategic partnerships with Intel, MongoDB, Qdrant, SiSys AI & Accops.\n \nNicholas Lee, Director of Mindflair plc, commented:\n \n\"This investment in Mirror highlights our continued commitment to support pioneering AI software companies that are addressing mission-critical enterprise challenges. Mirror's technology is a true enabler for secure AI adoption, ensuring data privacy while allowing organisations to harness the full potential of AI.\"\n \nThe Directors of the Company are responsible for the release of thi...