German compliance firm secjur lands €5.5m


secjur, a Hamburg-based provider of an AI-powered compliance automation platform, has scored €5.5m in seed financing.

The round was led by Visionaries Club with participation from Mario Götze, Nico Rosberg, Cocoa Ventures, SB21, Estelle Merle, Charlotte Pallua, Ignaz Forstmeier, and other angel investors.

According to FinSMEs, secjur provides an automated platform for compliance enabling anti-money laundering, data protection and information security.

The company has already established partnerships with companies such as Mercedes Benz, Samsung, Pantaflix, and Tomorrow Bank, among others.

According to secjur, it intends to use the funds to further expand its system and grow within both the DACH region and other vertical markets.

HYPR, a firm that specialises in passwordless technology, recently scored $25m in a Series C1 round headed by Advent International.

The round also saw participation from .406 Ventures, RRE Ventures, Comcast Ventures and Top Tier Capital. Following the raise, HYPR has raised a total of $97m.

HYPR claims it is a pioneer in passwordless authentication and has demonstrated ‘tremendous momentum’ over the past 24 months.

The firm’s solution offers a consistent passwordless authentication experience regardless of the heterogeneity of a customer’s infrastructure.

Web3 security provider CyVers also raised $8m in a funding round led by Elron Ventures.

The RegTech company provides Web3 security through real-time detection and prevention of crypto attacks.

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