Mind Foundry

AI company for responsible high-stakes AI.

Epistemic Overview

About the Institute

AI company focused on responsible high-stakes AI applications; spun out from Oxford ML research.

Key Facts

Founded

2015

Director / President

Prof Stephen Roberts, Prof Michael Osborne (Co-founders)

Category

Company / Spinout

Research Domains

spinout
responsible ai

Timeline

2015

Mind Foundry is founded by Professors Stephen Roberts and Michael Osborne, spinning out from the University of Oxford.

2016

Receives seed funding from Oxford Science Enterprises (OSE).

2019

Mind Foundry raises its $13.6 million Series A funding round led by TVS.

2020

The company's 'Responsible AI' platform gains traction in high-stakes sectors like insurance and finance.

2023

Raises a $22 million Series B funding round to expand its platform.

2024

The company partners with various organizations to deploy its AI for climate, risk, and fraud analysis.

Influential Papers / Notable Research

  • Core product: The 'Mind Foundry' platform, designed for 'high-stakes' and 'Responsible AI' applications.

  • Technology built on the co-founders' (Prof. Osborne, Prof. Roberts) academic research in Bayesian ML and uncertainty.

  • Focus on creating human-centric AI that is transparent, auditable, and fair, particularly for finance and insurance.