Industrial cybersecurity company Indurex has raised €7 million, Tech.eu reports. Contrarian Ventures led the round, with Axeleo Capital and Curiosity taking part.
What Indurex sells
The company builds security technology for cyber-physical systems, the equipment and control layers that keep industrial sites running. Its customers are critical infrastructure operators in oil and gas, energy, utilities, manufacturing and data centres.
Its product is SafeGuard AI. According to the source, the platform pulls in data from industrial control systems, safety systems, operational records and IT security tools. AI agents then look for anomalies, deviations from engineering baselines and potential risks, and suggest actions for operational safety, cybersecurity and incident response. It also produces automated reports against cybersecurity and functional safety standards.
The pitch
Indurex argues that conventional OT security concentrates on network activity and gives little view of engineering configurations and safety systems, a gap that widens as IT and OT become more connected. CEO Jalal Bouhdada describes the company's approach as an "Engineering Intelligence" layer that treats cybersecurity and operational excellence as one discipline rather than two.
Customers and plans
Early customers include mid-sized energy and manufacturing companies as well as large multinationals. Utilities and data centre operators are the next targets. The funding will go to research and development and to commercial operations. Europe and the Middle East come first, with the United States and Asia-Pacific planned afterwards.
What the source does not say
The article does not disclose valuation, pricing, customer names, or any timeline for the US and Asia-Pacific expansion. Claims about what SafeGuard AI detects come from the company's own description, not from independent testing.