A venture fund owned by the Italian investment group Exor is leading a $15m (£12m) series A funding round for British artificial intelligence (AI) startup.

Jigsaw, founded by former lawyers Stephen Scanlan and Travis Leon, is set to announce the funding from Exor Ventures tomorrow, as first reported by Sky News and confirmed by Exor.

Exor, which is owned by the billionaire Agnelli family and also owns a majority stake in Ferrari, has been building out its venture arm as it tries to find the stars of tomorrow.

It has previously backed other tech startups, including Multiply Labs and Mistral AI, and Neuralink.

Angel investors from law firm Linklaters, investment bank Morgan Stanley and private equity firm KKR are also taking part in the round, which Jigsaw co-founder Scalan said will enable to company to grow its product line.