Fundz

Cytix raised £1.6M in a Seed funding round co-led by NPIF II – Praetura Equity Finance to expand its client base and enhance its cybersecurity offerings.

PRIVATESep 25, 2024

Amount Raised

£1.6 Million

Round Type

Seed

ManchesterArtificial IntelligenceSecurityCyber Security

Investors

SFC CapitalFrench Vc AurigaPraetura VenturesNPIF II – Praetura Equity Finance

Description

Cytix, a Manchester-based cybersecurity company, has secured £1.6 million in Seed investment to scale operations and grow its client base. The funding will help strengthen its real-time vulnerability testing methods in response to increasing demand.

Quick answer

Cytix raised £1.6 Million in a Seed round, dated September 25, 2024. Investors: SFC Capital, French Vc Auriga, Praetura Ventures and NPIF II – Praetura Equity Finance. Cytix is based in Manchester, England, United Kingdom.

How much did Cytix raise?
Cytix raised £1.6 Million in a Seed round on September 25, 2024.
Who invested in Cytix?
SFC Capital, French Vc Auriga, Praetura Ventures and NPIF II – Praetura Equity Finance are named as investors in this round.
What does Cytix do?
Cytix is a growing cybersecurity company that specializes in innovative penetration testing techniques.
Where is Cytix based and how big is it?
Cytix is based in Manchester, England, United Kingdom. Fundz records about 18 employees.
Who are the decision-makers at Cytix?
Fundz holds 2 contacts at Cytix, including the Head of Marketing. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security and Cyber Security around the same time

Companies in the same sectors as Cytix that raised within 45 days of this round, from Fundz verified event records.

  • Noma raised $32M (Series A) on October 31, 2024.
  • Gomboc AI raised $4.6M (Seed) on October 29, 2024.
  • LOUHE.ai raised $3.3M (Seed) on October 14, 2024.
  • Prime Security raised $6M (Seed) on October 9, 2024.
  • DryRun Security raised $6.2M on September 30, 2024.
  • Operant AI raised $10M (Series A) on September 16, 2024.

Who to call at Cytix, and when

A new round usually means Cytix is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Cytix

Location

Manchester, England, United Kingdom

About

Cytix is a growing cybersecurity company that specializes in innovative penetration testing techniques. Founded in 2022, Cytix helps companies identify high-risk vulnerabilities during code development, enabling earlier detection compared to traditional methods. The company aims to leverage AI models for enhanced security testing at scale. Their services cater to multiple sectors, including fintech, medical trials, and educational institutions.

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Related People

2 contacts
Verified contactsSerena, Head of MarketingSee plans and pricing
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Cytix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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