Series A · Pre-money £180M – £240M · Standard preferred
70% UK + AUKUS Go-to-Market · 18% engineering depth (PQC 2027) · 8% compliance/cert · 4% working capital
The 7 numbers investors care about
£228K – £1.14MForecast Y1 revenue
225+Live production pages
30/30MCPs in production
£285K5-yr TCO vs Palantir £4.9M
94-98%cheaper than incumbent
0kinetic-targeting patterns
5 structural moats
1. Audit-receipt moat Ed25519 SIGIL chain + watcher receipts + BFT 23/33 gating are substrate design choices baked in from day one. Palantir / Anduril cannot retrofit this without re-architecture.
2. Sovereignty moat 100% UK-sovereign by construction. M4 Mac + GCP VM (UK region). No foreign cloud. Charter Article 0 binding.
3. Care-floor moat 7 protocol-enforced red lines (no kinetic targeting / personal surveillance / civilian harm / sovereignty violation / auto-escalation / lying / irreversibility without confirmation). Defence primes can procure us where they cannot procure Palantir.
4. Open-source distribution moat 30 MCPs on PyPI + 15 public repos. Defence vendors adopt us faster than Palantir because procurement cost is zero. Once adopted, upgrade path to Crown is in the catalogue.
5. Compliance-surface moat 236 framework crosswalks. Defence primes need us, not a vendor, because their procurement team won't write the crosswalks.
Traction (pre-revenue → first £ is 30 days)
Channel
Status
Signal
EU AI Act compliance kits (£9 / £499 / £999 / £4,950)