RevEng.AI, a London-based cybersecurity company focusing on binary-native software verification, has raised £11.2 million in a Series A funding round. The investment was led by the NATO Innovation Fund, alongside contributions from Sands Capital, In-Q-Tel (IQT), IQ Capital, and Episode One.
The business plans to use the capital to expand its artificial intelligence-powered binary analysis platform, enhance its proprietary AI models and expand its team to meet growing demand for proactive solutions. Reveng.AI’s software assists in strengthening software supply chain integrity by identifying hidden threats, malicious functionality, and vulnerabilities within compiled software.
Cybercrime costs organisations over £10 trillion annually and the average cost of a ransomware attack stands at £4.05 million. It’s a huge problem that is growing 150% year-on-year. Founded in 2023 by CEO James Patrick-Evans, RevEng.AI develops a binary-native verification layer designed for software supply chain safety.
The firm supports commercial enterprises and defence organisations in analysing compiled software, including closed-source and third-party artefacts. This process allows users to understand the precise contents of the software they deliver, purchase, and operate.
James Patrick-Evans commented: “Our goal at RevEng.ai is to simplify and automate the analysis of released software. Our platform helps security engineers and malware analysts identify malicious components to verify the integrity of software supply chains without needing access to source code. This investment gives us the capital needed to develop the world’s first foundation AI models specifically targeted to analysing software packages.”
By automating reverse engineering, binary analysis, and integrity verification, the technology allows clients to notice hidden threats, minimise software supply chain risks, and establish better-informed decisions regarding trust prior to deployment.
As a graduate of the NCSC for Startups programme, RevEng.ai benefited from invaluable support from the UK’s National Cyber Security Centre. The programme provided a strong signal from the UK and US governments on the importance of building ground-breaking AI for Cyber Security.
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