Estonian Karma Ventures and France-headquartered Karista co-led the round for the French startup Bfore.AI. The cybersecurity company raised €4 million in Series A round.
- Launched in 2019, Bfore.AI develops an AI-driven predictive cybersecurity solution and is headquartered in France. Its actionable intelligence insights help enterprises focusing on predictive models to see vulnerable vectors into enterprise cyber networks.
- Karma Ventures is a Tallinn-based early-stage venture capital firm focusing on Europe’s deep tech startups. The fund’s recent investments include companies like DRUID, Infermedica, and Tuum.
- Apart from the lead investors, multiple unnamed investors, including angels billed as C-level veterans of Fortune500 corporations, participated in the round. Also, Addendum Capital took part as an institutional investor.
- The fresh funding will help Bfore.AI with expansion, bringing new features for northern European markets and North America.
