DNV Ventures invests in SplxAI to Elevate AI Security

SplxAI's innovative platform excels at identifying and remediating vulnerabilities in AI systems, ensuring they remain secure and compliant with the highest industry standards. 

Since launching their Offensive AI Security Platform shortly after Black Hat last September, SplxAI has onboarded over 20 enterprise customers and achieved an impressive 127% quarter-over-quarter growth. As a recognized leader and trendsetter in the industry, SplxAI focuses on exploiting zero-day attacks with dynamic remediation techniques such as system prompt hardening, ultimately advancing into Agentic Security. 

Recently, SplxAI successfully completed a $7 million seed financing round, with contributions from DNV Ventures, LAUNCHub Ventures, Rain Capital, Runtime Ventures, Inovo.vc, South Central Ventures, and prominent angel investors. 

"We encountered a visionary, highly skilled, and dedicated team that has developed an impressive solution and scaled it rapidly to Fortune 500 companies," says Nermina Ek, who led the deal for DNV Ventures. 

According to Kaare Helle, Venture Director, this partnership underscores DNV Ventures' commitment to supporting startups fostering safe and trustworthy AI. 

As strategic investors, we aim to provide value to start-ups we invest in beyond capital investments. Via our investment, we look forward to strengthening the partnership with Splx.ai on the topic of AI security, he says.

From an oversubscribed investment round to strategic partners  

This investment will enable Splx.ai to strengthen their organization, advance their technology and products, and expand their sales and partnerships.  

Together, DNV Ventures and Splx.ai are set to establish new standards for AI security, ensuring a safer and more trustworthy digital landscape. 

Despite being oversubscribed, we chose DNV Ventures as our investor because they share our vision of building safe and secure AI. We sought smart capital, and DNV's legacy of technical competence ensures our technologies are both safe and trusted, says Kristian Kamber, CEO & Co-founder of SplxAI. 

Synergy with DNV Cyber 

DNV Cyber is eager to work with Splx.ai, recognizing the critical importance of AI security in today's digital world.  

Our collaboration with Splx.ai will help us tackle emerging cybersecurity challenges more effectively, aligning with DNV's mission to promote safe and responsible AI technologies, says Liv Hovem, CEO of DNV Cyber.

Hovem also underscores that the partnership with SplxAI will strengthen DNV Cybers cybersecurity capabilities and reinforces their commitment to a secure digital future.