<ul><li>AI security and risk management startup SydeLabs has raised $2.5 Mn in a seed funding round led by RTP Global.</li><li>SydeLabs, founded by Ruchir Patwa and Ankita Kumari, aims to address the risks associated with AI adoption by enterprises.</li><li>The startup is building three products: SydeBox, an AI application scanner; SydeGuard, a real-time assessment security guardrail; and a compliance-based product.</li><li>SydeLabs plans to generate an annual running revenue of $1 Mn by the end of 2024, focusing on research and product development.</li></ul>

Former MPL Executives’ Startup SydeLabs Bags $2.5 Mn To Safeguard AI Adoption By Enterprises

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