RedMimicry, a start-up specialising in realistic cyberattack simulations, has raised seed funding to accelerate its growth and technology development.
The round was led by High-Tech Gründerfonds (HTGF) with support from Capital Square, superangels in Munich, and several business angels. The amount raised was not disclosed.
Founded in 2023 by Alexander Rausch and Stefan Steinberg, RedMimicry helps companies test their cyber defences under real-world conditions, meeting regulations such as DORA and NIS-2. Its platform identifies weaknesses in processes, technology, and collaboration, enabling organisations to strengthen security and reduce costs.
With the new funding, RedMimicry will focus on expanding its product for critical infrastructure and financial services, while growing its sales team and partner network.
Its technology is already used by mid-sized and large companies, managed security providers, and consulting firms, offering repeatable simulations to improve cyber resilience.
RedMimicry CEO Alexander Rausch said: “Our vision is to enable companies to protect themselves independently and effectively against increasingly complex cyber-attacks. With the support of experienced investors, we can advance our technology significantly and expand our market position.”
HTGF principal Björn Sykora said: “Alex and Stefan combine technical excellence with entrepreneurial vision. With RedMimicry, they are addressing one of the greatest risks companies are currently facing: protection against cyber-attacks. They provide a European security solution that benefits both medium-sized and large companies.”
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