London-Based AI Due-Diligence Startup Xapien Raises $56M Series B Led by Spectrum Equity

London-based Xapien, which uses AI and natural language processing to automate background checks and third-party due diligence reports, raised a $56M Series B led by Spectrum Equity, per Axios. The company sells to wealth managers, corporates and compliance teams as a replacement for costly manual research. Round size sits on the small side for a growth-stage AI infra deal but reflects continuing investor appetite for regulated-workflow AI tools.