London-based startup Portia AI, a large language model (LLM) framework for developing simple, reliable, and authenticated agents, has secured £4.4 million in funding to take AI agents from prototype to production. The fresh capital comes from General Catalyst and First Minute Capital.
- Founded in 2024 by Mounir Mouawad and Emma Burrows, Portia AI develops a framework for building simple, reliable, and authenticated AI agents designed for real-world production environments.
- By combining an open-source SDK with a cloud platform, Portia enables developers to create agents that can generate structured plans, execute tasks step by step, request human input when needed, and securely interact with external tools through built-in authentication.
- The system is built around three core pillars: predictability, controllability, and authentication, making it particularly well-suited for regulated industries and applications where trust, oversight, and security are essential.
Details of the deal
- The funding round was led by General Catalyst, a venture capital firm based in San Francisco, managing over $32 billion in assets. With offices in cities like New York, Boston, Berlin, Bangalore, and London, the firm has made notable investments in companies such as Airbnb, Gusto, Stripe, and Snap.
- First Minute Capital, Stem AI, and various angel investors also joined the round.
- Portia AI will use the fresh funding to expand its developer team, accelerate feature development, and improve its SDK and cloud platform for easier and faster deployment of production-grade AI agents.
