Adarga AI gets $20m to improve its geopolitical risk intelligence solution

Rob Bassett Cross MC, Founder and Chief Executive Officer of Adarga
Rob Bassett Cross MC, Founder and Chief Executive Officer of Adarga

Adarga, the London-based AI software provider, has announced that it has secured $20 million in new funding for its market-defining information intelligence platform. Adarga’s technology is delivering decision advantage to a wide and growing global customer base.

The round was led by BOKA Group, a US-based holding firm focused on category leaders across the deep tech sector, including tech that advance military and commercial markets. This follows Adarga’s expanding success, deeply rooted in its defence and national security heritage, with customers including the British Army, Royal Navy and Royal Air Force.

Critically, its software is supporting the UK and its allies to achieve information advantage in the new age of great power competition. The company has nearly doubled in size over the past year and has expanded into both Australia and the USA in response to growing market demand. Its commercial growth now spans beyond defence and national security.

What does the funding mean for Adarga?

The funding will support Adarga’s accelerating growth as it addresses the integral need for defence, national security and firms to interpret fast-proliferating, worldwide information sources at breakneck speed. In today’s increasingly complex geopolitical environment, this is a vital capability if they are to understand new threats, mitigate risk and remain competitive.

Adarga Founder and CEO Rob Bassett Cross MC said: “I’m delighted that we’ve secured funding to drive the continued development of our product and delivery of our mission. To have attracted investment now is a strong testament to the urgent need and overwhelming demand for our ground-breaking information intelligence tools to augment decision-making.”

“I’m immensely proud of the company-wide sense of purpose that’s inspiring powerful artificial intelligence innovation to strengthen our national security and increase the resilience of our commercial customers in today’s complicated threat-landscape,” Bassett added.

It has secured contracts in the wider public sector, and with leading multinational enterprises looking to stay ahead of fast-evolving situations as increasing geopolitical uncertainty introduces new and significant financial and non-financial risks. Adarga’s artificial intelligence-driven platform performs the heavy-lifting involved with information processing.

Why is Adarga a unique player in the space?

The solution enables analysts and researchers to produce faster and higher quality outputs from the overwhelming volumes of in-house and open-source data at their disposal. It constantly extracts, translates, summarises and connects millions of pieces of information automatically, ready for sophisticated interrogation and analysis – with full transparency.

BOKA Group’s Managing Director John James commented: “Adarga is serving some of the world’s most demanding customers, providing an essential strategic capability that meets their deep and mission-critical requirements to make sense of vast and disparate information. We are proud to be supporting their vital work as they spearhead the market with world-class AI technology that genuinely sets them apart from other players in the industry.”

The platform helps organisations to build a dynamic risk picture, contextualised with their organisational knowledge and learnings, to drive more confident decision-making. Leaders in natural language processing, machine learning and network science technology, Adarga is proud to be operating at the forefront of the UK’s flourishing AI community.