Whitespace, a Belfast-based AI company, secured £10 million in funding to enhance its sovereign technology solutions for the UK Defence and National Security sectors.
Information on the Target
Whitespace is a Belfast-based AI company focused on developing a sovereign and secure technology infrastructure tailored for the UK's most critical regulated sectors. With a recent completion of a £10 million growth capital financing, the investment from Next Wave Partners along with co-investors White Cloud and Beach Equity is aimed at enhancing Whitespace's strategic growth and advancing its proprietary AI operating system, Collective. This technology is already integral to various Defence and National Security operations, marking Whitespace as a pivotal player in the UK’s AI landscape.
Founded in 2015 by Paul Jenkinson and Andrew McCartney, Whitespace started as a small team dedicated to creating bespoke AI capabilities for Defence and Enterprise clients. After nearly a decade of innovation and growth, the company has established itself as one of the UK's foremost sovereign AI innovators, providing essential technology that supports highly complex and high-stakes operations across the nation.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in the Target’s Specific Country
The UK's defence and national security sectors are increasingly integrating advanced technologies such as artificial intelligence to enhance operational efficiency and effectiveness. As geopolitical tensions rise, there is
Similar Deals
Accenture → MomentumABM
2025
Agathos → Enfuse Group
2025
Foresight Group → Spartan Motor Holdings
2025
Battery Ventures → Signal AI
2025
Foresight Group → Montpellier Legal Limited
2025
TowerBrook Capital Partners L.P. → JSM Group Services Ltd.
2024
Next Wave Partners
invested in
Whitespace
in 2025
in a Growth Equity & Expansion Capital deal
Disclosed details
Transaction Size: $13M