The realm of cybersecurity is continuously evolving, driven by rapid technological advancements and the ever-increasing sophistication of cyber threats. The dynamic nature of the cyber threat landscape requires constant innovation and vigilance, making cybersecurity a top priority for governments, businesses, and individuals worldwide.
Across Europe, innovative startups are leading this transformation, introducing cutting-edge solutions that redefine how we approach digital security. These emerging companies are not just providers of new tools but are crucial in setting new standards for safeguarding digital environments against diverse threats.
For this article, we explored this dynamic sector to curate a list of 10 promising startups driving cybersecurity innovation and contributing to a more secure digital landscape. From The Hague to Ghent, and from Paris to London, these startups are leveraging artificial intelligence, advanced analytics, and innovative software to create solutions that enhance the resilience and effectiveness of cybersecurity measures.
Aikido: Ghent-based Aikido is the get-it-done security platform for developers. It scans your code, containers, and cloud environments in nine different ways to identify vulnerabilities, aiding in their resolution, and speeds up triage by eliminating false positives, allowing developers to keep their products secure while providing them time to return to coding. Founded in 2022, they have raised €22.7 million in funding.
Astran: Paris-based Astran provides simple, independent and secure software solutions for cyber crisis management. They have a Distributed Data Vault based on fragmentation instead of old-school encryption, providing robust privacy for sensitive data without key management that can be connected to any enterprise software through its APIs. Founded in 2021, they have raised €2 million.
Dattak: Paris-based Dattak offers cyber insurance solutions based on cybersecurity technologies. Their cybersecurity tools allow us to assess a company’s level of cybersecurity without complex questionnaires. They provide their policyholders with a variety of cybersecurity tools to help them prevent and defend against cyberattacks. Founded in 2021, they have raised €18 million in funding.
Eye Security: The Hague-based Eye Security protects small and medium-sized European enterprises from cyber threats and the high costs that follow a successful attack. They offer high-quality, affordable all-in-one security products with active 24/7 protection and cyber insurance. Founded in 2020, the Dutch startup has raised €57.5 million in funding to keep businesses protected and running smoothly.
Filigran: Paris-based Filigran provides open-source cybersecurity solutions for threat intelligence management, breach & attack simulation, and risk management. The company focuses on creating an extended threat management (XTM) portfolio, encompassing cyber threat intelligence, adversary simulation, and crisis management solutions Founded in 2022, they have raised €20 million.
Hexens: London-based Hexens helps keep digital systems safe from hackers by checking for weaknesses and fixing them. They examine smart contracts, test for vulnerabilities, and provide advice on improving security practices. Their special tools, like Glider, quickly analyze code to find issues, and ZK Storage makes bug reporting secure. Founded in 2021, they have raised €3.9 million in funding.
Neverhack: Guyancourt-based Neverhack, previously known as Pr0ph3cy, provides security by design, cyber protection for mobility, AI-assisted cybersecurity, and cybersecurity up-skilling. They also develop cyber threat detection algorithms using AI and optimize data transmissions to enable trusted digital exchanges. They recently announced the integration of CYBERS, a Nordic leader specialising in cybersecurity in Estonia, into their group, strengthening their international presence. Founded in 2021, they have raised €15 million in funding.
Push Security: London-based Push provides a browser-based agent that detects and prevents identity breaches. It protects against identity attacks by offering unique telemetry to prevent, detect, and block threats. Security teams can monitor and secure their identity attack surface and detect and block identity-based attacks such as advanced phishing techniques. Founded in 2021, they have raised €17.5 million.
Soveren: London-based Soveren offers a solution to monitor and secure data in applications, using advanced network analysis to track data in real time. It helps businesses automate data monitoring, identify and protect important data, fix security issues, stay compliant with regulations, and reduce risks from third parties Founded in 2020, they have raised €9.3 million in funding.
Xygeni: Madrid-based Xygeni specializes in Application Security Posture Management (ASPM), using deep contextual insights to effectively prioritize and manage security risks while minimizing noise and overwhelming alerts. Their solution can automatically detect malicious code in real time notifying customers and preventing breaches. Founded in 2021, they have raised €4 million.
By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!
Read the orginal article: https://www.eu-startups.com/2024/05/redefining-digital-security-10-european-startups-driving-cybersecurity-innovation/