London Cybersecurity Startup RevEng.AI Secures £12.3m to Fortify Software Supply Chains

Binary Ai Ltd, operating under the brand RevEng.AI, has secured an estimated £12.3m in a new funding round. The London-based cybersecurity company has reached an estimated post-money valuation of £29m following the allotment of shares on 2 March 2026, with official filings confirmed today.

Incorporated in April 2023, RevEng.AI develops foundational artificial intelligence models and a binary analysis platform designed to protect software supply chains. The company targets a critical technical challenge: detecting security threats, vulnerabilities, and malicious code in software when the original source code is unavailable.

Modern software development relies heavily on third-party components, open-source dependencies, and increasingly, code generated by artificial intelligence. This creates opaque supply chains that are frequently targeted by threat actors. Industry data suggests that nearly half of all organisations worldwide are expected to experience a software supply chain attack. Verifying that compiled programs do not contain hidden backdoors or zero-day vulnerabilities is traditionally a slow, manual process. RevEng.AI automates this through its proprietary BinNet model and reverse engineering plugins. These tools allow security engineers, malware analysts, and government defence organisations to deconstruct and analyse software binaries at scale, ensuring compliance and security without needing the underlying code.

The £12.3m round marks a significant expansion for the company, which currently reports a headcount of eight employees in its latest accounts. This new capital injection represents a major step up from the company's previous funding. In mid-2025, RevEng.AI completed a seed round of approximately £3.2m led by Sands Capital, with participation from In-Q-Tel Capital, IQ Capital, and Episode 1. While the specific investors participating in this latest £12.3m allotment have not been publicly disclosed in the current filings, the substantial increase in valuation to £29m highlights strong market confidence in their technology.

This funding aligns with a broader surge in domestic cybersecurity investment. According to the KPMG Global Tech Report 2026, cybersecurity has emerged as the top technology spending priority for UK organisations, overtaking general artificial intelligence. The report indicates that 57% of UK companies plan to increase their cybersecurity budgets by more than 10% over the next 12 months, driven by escalating geopolitical tensions and high-profile ransomware attacks. Globally, cybercrime costs organisations trillions annually, making automated, scalable defence mechanisms a critical requirement for enterprise survival.

Furthermore, the UK government recently committed a £2.5bn investment toward artificial intelligence and quantum technologies to strengthen national capabilities. RevEng.AI, which previously graduated from the UK National Cyber Security Centre for Startups programme and participated in the Intel Ignite accelerator, sits at the intersection of these two critical sectors. By applying advanced artificial intelligence to software supply chain security, the company is positioned to meet the growing demand for proactive defence tools across both commercial and government markets.