Test of Things, a Finnish cybersecurity startup, has raised a €1.2 million pre-Seed funding round for its automated compliance management and cybersecurity testing platform for connected products and services.
The round was led by Vendep Capital and supported by a group of industry veterans, including Aapo Oksman, Zach Shelby, Neil Costigan, and ScanABC. Additionally, Business Finland contributed to the funding.
Rauli Kaksonen, CTO and co-founder, said, “This investment will let us focus on building the product further and start helping manufacturers to achieve their customers’ and authorities’ trust with secure products.”
Founded in 2024 by Marko Kaasila and Rauli Kaksonen, Test of Things aims to protect customers and society from cyber incidents by making Internet of Things (IoT) cybersecurity easy and automated. It provides an automated, cloud-based platform that automates cybersecurity testing of connected products and helps manufacturers meet global standards and regulations.
According to the company, when a business develops a connected device, it must ensure that the device is secure before selling it. However, cybersecurity testing and compliance documentation are mainly manual tasks performed by highly skilled experts, making them very costly. Moreover, this approach does not scale well in a market flooded with connected products.
It further notes that every unsecured device entering the market serves as a potential entry point for cyber criminals to exploit. They can hack the user’s personal data, factory operational systems, or office building controls, even endangering vital critical infrastructure like the electricity grid.
“Cybersecurity of products is in everyone’s interest. But the current way of assuring it — manual, not systematic, and expensive — is unsustainable,” said Marko Kaasila, CEO and co-founder of Test of Things.
In order to address this, the company is building a platform that automates cybersecurity compliance testing end-to-end. Its AI-powered software can handle running tests continuously, flagging issues early, and generating the compliance documentation that regulators increasingly require.
Sami Ahvenniemi, Partner at Vendep Capital, said, “The market for IoT and OT security and compliance testing is entering a high-growth phase driven by two converging megatrends: firstly, the increasing integration of industrial control systems, IIoT and OT networks into enterprise IT and cloud ecosystems; and secondly, the rising regulatory and operational risk environment around critical infrastructure, manufacturing, energy and utilities. When two successful entrepreneurs with 100% relevant experience put their heads together to build a testing platform, we wanted to jump in right from the start!”
The company plans to use the fresh capital to grow its engineering team and accelerate the platform development.
Read the orginal article: https://www.eu-startups.com/2026/03/tot-for-iot-safety-test-of-things-raises-e1-2-million-to-automate-cybersecurity-testing-of-connected-products/
