🗞️ Earlier this year, a survey by the European Union revealed 71% of Europeans have been affected by disinformation and 86% of Europeans agree that the rapid spread of disinformation is a major problem for democracy.
Disinformation campaigns are increasingly being used against corporates and commercial entities for nefarious reasons. This has impacted the reputation of companies, their senior leaders and their share prices.
⛏️ In the mining sector, Rio Tinto's CEO claimed a "well-organised" disinformation campaign is undermining support for their lithium mine in Northen Serbia. In other news, Bloomberg reported a ruby-smuggling syndicate in Mozambique had ignited a disinformation campaign that the Gemfields Group “opened its mine for mining by anyone” for 24 hours.
And this is happening across a number of industries and it's only growing.
Tom Garnett and Vlad Galu co-founded Refute to fight against disinformation, by building software to detect and respond to campaigns at the speed of the attackers.
They have come out of stealth to announce their £2.3M pre-seed investment round, led by Playfair and Episode 1 Ventures and are joined by Amadeus Capital Partners, Notion Capital and Ventures Together.
I'm grateful to be a small part of their entrepreneurial journey as an angel investor, and I can't wait to see them tackle this problem, at scale.
Check out their TechCrunch coverage 👇
We are proud to announce that Refute has secured a £2.3m pre-seed investment round as covered by TechCrunch, led by Playfair and Episode 1 Ventures with participation from Amadeus Capital Partners, Notion Capital and Ventures Together.
We’re also pleased to have experienced business angel investors on board, including: Alastair Paterson, Andrei David, Carlos Eduardo Espinal MBE, Charlie Songhurst, Colin Evans, James C., Mircea Danila Dumitrescu, Nefyn Jones, Paul Young and Rockman Law.
This investment accelerates our mission to fight disinformation at the speed of the attackers. We’re excited to have the investors as part of the team.
Read the TechCrunch article here: https://lnkd.in/gbV78PjC
#playfair #episode1 #amadeus #notioncapital #venturestogether
#ukfundraising #fundraiseannouncement #fundraisinground #preseedinvestment #preseedround #ukstartups #counterdisinformation #fightingdisinformation #ukstartupstowatch #uktechstartups #disinformation
-
Humanising (re)Organisations| Leading with ❤️ & 🧠 | Culture | People Strategy | Recruitment & HR | Writer & Storyteller | 🥾⛰️ Alive in the mountains.
7moAstrid Bruinsma - Eggink will I see you there?