Diffblue, an Oxford, England-based creator of fully autonomous generative AI-for-code software, has raised €5.8 million in funding.
Investors
The oversubscribed round was backed by IP Group, Parkwalk Advisors, AlbionVC, Oxford University, and Citi Institutional Strategic Investments.
Diffblue Use of Funds
The company will use the funding to support its ambitious expansion plans through 2026.
About Diffblue
Diffblue develops AI-powered tools for automated code testing, primarily focused on generating unit tests for Java applications. Its flagship product, Diffblue Cover, uses generative AI and reinforcement learning to autonomously create unit tests at high speed. Diffblue's solutions are used by major enterprises, including some of the largest U.S. banks and multinational companies like Citi, Cisco, and AstraZeneca.
Funding Details
Company: Diffblue Ltd.
Raised: €5.8M
Round: Undisclosed
Funding Date: October 2024
Investors: IP Group, Parkwalk Advisors, AlbionVC, Oxford University, Citi Institutional Strategic Investments
Company Website: https://www.diffblue.com/
Software Category: Automated Code Testing
Source: https://www.eu-startups.com/2024/10/oxford-based-diffblue-secures-e5-8-million-to-fuel-momentum-for-generative-ai-for-code/