Solidatus, a leading provider of data lineage solutions, has secured a £5 million loan from the Growth Debt Fund at Salica Investments, the UK-based investment firm backing high-growth companies across the UK and Europe.
The funding will fuel research and development and speed up work on AI-enabled data lineage within the Solidatus platform. By combining natural language processing with its deep lineage intelligence, Solidatus aims to make it easier for users to understand and manage complex data models.
The global data governance market is expected to reach almost $20 billion by 2032, driven by rising data volumes, stricter regulations such as the EU AI Act and BCBS 239, and growing pressure for better data quality and security. Solidatus helps organisations in highly regulated sectors, including financial services, energy and pharmaceuticals, map, manage and trace where their data originates, how it changes, and where it goes.
The investment will allow Solidatus to automate data lineage with human-in-the-loop verification, cutting the time and manual effort needed for complex governance tasks. By automating lineage and connecting systems, Solidatus will help organisations build greater trust in their data and meet regulatory demands more easily.
Salica Investments saw a chance to scale Solidatus as more businesses look for clarity and confidence in their data.
This latest funding brings Solidatus’ total raised to £25 million, following a Series A round led by AlbionVC with participation from HSBC and Citibank in 2021. The company has recently joined the Microsoft Security Store Partner Ecosystem, been listed on the Microsoft Azure Marketplace, and featured in Gartner’s first “Data and Analytics Governance Platforms” Magic Quadrant.
