TrojAI Inc.’s C$3 Million Seed Round

Fasken acted on the deal.

On January 7, 2022, artificial intelligence protection startup TrojAI Inc. 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 (Picture), Jake Woloshyn and Evan Conover in connection with the Series Seed investment.

 

Involved fees earner: Evan Conover – Fasken Martineau; Will Shaw – Fasken Martineau; Jake Woloshyn – Fasken Martineau;

Law Firms: Fasken Martineau;

Clients: Build Ventures; Concrete Ventures; Flying Fish Ventures ; New Brunswick Innovation Foundation;

Sonia Carcano

Author: Sonia Carcano