Budbee’s founders launched a new security startup called Hemla, positioning it as a disruptive force in the industry, but the company’s financial results show that the full launch will not happen until the following year.
Yubico reported higher sales and a significant profit increase in Q2, marking a milestone collaboration with OpenAI.
UK‑based inforcer, a unified Microsoft security and AI management platform for managed service providers, secured $50 million in a Series C round led by Insight Partners, with participation from Meritech Capital and Dawn Capital, to accelerate product development and global expansion.
Italian cybersecurity startup Beelzebub raised €3 million in a seed round led by United Ventures, bringing its total funding to €3.3 million. The AI‑native platform protects organisations against AI‑driven attacks and will be used to expand its research team, open offices in Rome and San Francisco, and accelerate European customer acquisition.
Leeds‑based Xentra, a digital security startup founded in 2021, raised €3.18 million from Maven VCTs and NPIF II to expand its managed cybersecurity services for SMEs, strengthen its leadership team and accelerate growth.
Polish cybersecurity alert warns users about BLIKA’s malicious browser extension (Edgecution) that stole sensitive data and led to financial losses for affected users.
Romania joins as a founding state of the Defense, Security and Resilience Bank (DSRB), which will establish a regional office in Bucharest. The bank will provide funding for defense, energy, cybersecurity, and emerging technologies, offering new financial opportunities for Romanian startups and SMEs in strategic sectors.
Madrid-based cybersecurity startup 8Layers raised an additional €1 million in its pre-Seed round, bringing total funding to €2.5 million. Strategic investors Criteria Venture Tech and Bankinter joined to support the company’s digital identity security platform and regulatory compliance solutions.
Dawnguard, an Amsterdam-based startup securing cloud systems during design, launched its platform, raised $3.3 million in pre-seed funding, and opened a New York office. The funding includes participation from UK-based BNVT Capital, Dutch Curiosity VC, and German eCAPITAL.
StirlingX, a British data intelligence company, has raised $20 million in a Series A round led by Ventura Capital and RCM Private Markets Master Fund. The funding follows a $11 million Seed round and aims to expand the company’s sovereign intelligence platform, which operates in critical national infrastructure and defense environments.