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Indurex raises €7 million to expand industrial cybersecurity platform

Original title: Indurex Raises $8 Million to Expand Industrial Cybersecurity Platform

SecurityWeekby Mike Lennon ()1 min read1 · 1 read
AI summary · x-ai/grok-4.7Summaries by Vani AI

Contrarian Ventures led the round; Indurex will grow R&D and sales in Europe and the Middle East first.

Amsterdam-based Indurex raised €7 million (about $7.84 million) led by Contrarian Ventures, with Axeleo Capital and Curiosity participating. The company said the money will fund research and development and commercial expansion in Europe and the Middle East, with the United States and Asia-Pacific later. Its SafeGuard AI software analyzes data from control systems, safety systems, historians, alarms and IT tools to flag configuration and safety-function changes for operators of critical infrastructure and industrial sites.

Key facts
  • The company emerged from stealth in January 2026.
  • CEO Jalal Bouhdada previously founded Applied Risk, which DNV acquired in 2021.
  • Early customers include energy and manufacturing operators, from mid-size firms to multinationals.
  • Indurex is also targeting utilities and data center operators.
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From the original article

1 min read at securityweek.com

The Amsterdam-based company plans to use the funding for research and development and commercial expansion in Europe and the Middle East. The post Indurex Raises $8 Million to Expand Industrial Cybersecurity Platform appeared first on SecurityWeek.

SecurityWeek

By Mike Lennon · securityweek.com

Read the full article at SecurityWeek

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.