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Mind Foundry
Mind Foundry is an artificial intelligence company that is headquartered in Oxford, Oxfordshire. The company is a spin-out of the University of Oxford and was founded by two professors of machine learning at the university, Stephen Roberts. and Michael Osborne. The company specialises in “AI for high-stakes applications”. Mind Foundry primarily operates in three sectors: Insurance, Infrastructure, and Defence & National Security. History Mind Foundry was founded in 2016 out of the Machine Learning Research Group at the University of Oxford by professors Stephen Roberts and Michael Osborne. Mind Foundry received investment from Oxford Science Enterprises and Parkwalk Advisors in an initial seed round in 2016. In 2019 the company appointed Brian Mullins as its CEO. As of June 2025, Jiro Okochi is the company's Chairman and Interim CEO. In 2020 the company raised $13.6 million investment in a Series A round that was led by Aioi Nissay Dowa Insurance Company Ltd (ANDI), ...
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Scaleup Company
A scaleup company or just scaleup is a company that already has a profitable and scalable business model and grows above 20% in either turnover or number of employees over a three-year period. A scaleup can be identified as being in the "growth phase" life-cycle in the Millers and Friesen life cycle theorem, or the "Direction phase" in the Greiner growth curve. Concept A key difference between a startup and a scaleup is the main challenges faced. While a startup's main challenge is to find a repeatable scalable business model, a scaleup's main challenge is growth of the already identified business model while maintaining operational controls. It is reported that one out of ten venture capital-funded startups successfully transitions to this stage. A 2018 study showed that only 0.4 percent of all startups scale, reaching more than 10 million revenues within 5 years. The remainder stabilizes or grows at a much lower rate. A scaleup, once successful, obtains the unicorn st ...
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Oxford Science Enterprises
Oxford Science Enterprises (OSE) (Previously known as ''Oxford Sciences Innovation'') is a British early-stage venture capital firm with over $800M in AUM based in Oxford, UK. It operates in partnership with the University of Oxford, as the university's preferred investor, several prominent financiers back the firm, including Google Ventures, Sequoia Capital, Tencent, Huawei and Invesco. The firm uses academic research from the university's science departments to form commercial businesses, also known as spin-outs. History The company was founded as Oxford Sciences Innovation (OSI) in 2015 by David Norwood, who was previously the founder of the IP Group, which initially invested only in spinoffs from the university's chemistry department. Oxford Sciences Enterprises initially raised £600m from investors, which included Lansdowne Partners and Google Ventures. Google Ventures partners Tom Hulme and Dr Krishna Yeshwant also joined OSI's advisory board, along with Google AI ...
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Companies Based In Oxford
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporatio ...
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