Styx Intelligence has raised $2.7 million CAD in seed funding to enhance its digital risk protection platform. The funding will help organizations address online threats to their brands.

Styx Intelligence, a Vancouver-based cybersecurity startup, has secured $2.7 million CAD in seed funding to help organizations address potential online threats to their brands and safeguard their digital presence. The financing was led by BDC Capital’s Seed Venture Fund, with support from Framework Venture Partners, Top Down Ventures, and Sprout Fund. The company is developing a software platform designed to enable clients to quickly detect and respond to threats ranging from brand impersonation to phishing scams and data leaks. This round brings Styx’s total funding to $4.3 million, including $1.6 million in pre-seed financing.