Indurex Secures €7 Million for Cyber-Physical Systems Security Expansion

• •Indurex raised €7 million to expand its cybersecurity platform for critical infrastructure.
• •The funding will enhance research and development and commercial operations in Europe and the Middle East.
• •Indurex's SafeGuard AI platform addresses gaps in traditional OT security by integrating engineering and cybersecurity data.

Indurex, an Amsterdam-based cybersecurity firm, has raised €7 million to enhance its industrial cybersecurity platform, SafeGuard AI. The funding, led by Contrarian Ventures with participation from Axeleo Capital and Curiosity, will support research and development and expand operations in Europe and the Middle East, with plans to enter the US and Asia-Pacific markets. The company focuses on protecting cyber-physical systems (CPS) used in critical infrastructure, addressing gaps in traditional operational technology (OT) security tools. Indurex's platform analyzes data from various industrial systems to identify anomalies and ensure safety and engineering configurations are maintained. Earlier this year, Indurex was recognized by Gartner as a Cool Vendor, highlighting its innovative approach to integrating safety, cybersecurity, and operations. The funding comes at a time when cyber threats increasingly target critical infrastructure sectors such as energy and manufacturing.