Hostile threat warning startup Osavul raises €8.5M

What happened

A startup launched in light of Russia’s invasion of Ukraine whose tech helps NATO and governments detect hostile threats before they escalate has raised €8.5m in a Series A (an early stage of company funding) funding round, it said today. The startup has raised around €12 million in total funding.

The funding round in Osavul was led by 33N Ventures, the Europe-based global cybersecurity investor, with participation from Balnord, G+D Ventures and existing investor 42CAP. Osavul's AI platform identifies hostile activity, be it cyber threats or physical threats, before the attacks materialise.

Its tech is used by NATO as well as by defence enterprises and governments. It scans large amounts of online and open-source data to detect disinformation campaigns, hostile activity and cyber threats.