Company profile
Indurex
Cyber-physical security for industrial operators: SafeGuard AI pulls data from DCS, safety instrumented systems, process historians, alarm management and IT security tools, then uses AI agents to flag anomalies and…
- Status
- PrivateListed on CyberMerge Startup Radar (private vendors), snapshot Oct 22, 2026
- Valuation
- Undisclosed
- Latest funding
- Undisclosed
- HQ
- Amsterdam / Netherlands (Startup Radar)
- CyberMerge Index
- #9 · score 62 Oct 22, 2026
- Last updated
Categories
Funding & valuation
Funding: Undisclosed — no round recorded in the CyberMerge Funding Tracker.
Latest signals
- Startup Radar · OT Security · snapshot Oct 22, 2026 22 Oct 2026: raised €7M (about $7.8M) led by Contrarian Ventures with Axeleo Capital and Curiosity, under nine months after leaving stealth. Funds R&D and expansion in Europe and the Middle East, then the US and APAC. CEO Jalal Bouhdada previously founded Applied Risk (acquired by DNV, 2021). Early customers in energy and manufacturing; also targeting utilities and data centers. Stage and valuation Undisclosed (SecurityWeek / EU-Startups). Source
Rankings
- CyberMerge Index · Oct 22, 2026 #9 · score 62. Funding (today): €7M (about $7.8M) led by Contrarian Ventures with Axeleo Capital and Curiosity, under nine months out of stealth. SafeGuard AI ties OT security alerts to the physical process behind them by reading DCS, safety systems, historians and alarm data, with reporting… Source Daily momentum, not market cap.
Competitors
Same-category peers from CyberMerge Research maps, Startup Radar and What's The Use tags.
- ExeinPrivatePhysical AI / IoT cybersecurity: Photon kernel-level runtime defense for connected devices, robots,…
- TigerByte CyberPrivateHardware-based edge cybersecurity (Cyber Protection Suite): post-quantum encryption, policy-enforced data…
- AxoniusPrivateAsset intelligence and exposure management that now treats IoT/OT as a first-class asset class:…
- ClarotyPrivateCPS protection platform (xDome / CTD): OT/IoMT/IoT visibility, exposure, network protection, secure access,…
- CorshaPrivateDynamic machine identity for APIs, automation, and industrial/OT workloads.
- FrenosPrivateAI-native OT security assessment via digital twin + SAIRA simulated pen-testing (no production scan/downtime).
- OPSWATPrivateCritical infrastructure protection: secure file/device transfer, malware analysis, and CIP controls for…
- TopHat SecurityPrivateOT range / digital-twin emulation (O-RANGE) plus OT visibility and cyber supply-chain tools for plants and…
- AsimilyPrivateIoT / OT / IoMT exposure management: risk prioritization, segmentation orchestration, patching for connected…
- Cyemptive TechnologiesPrivatePreemptive cyber defense; Umbrella Fortress tracks hostile infra patterns for government and critical…
- CylusPrivateRail OT cybersecurity (signaling, wayside, onboard, control centers) — CylusOne visibility and threat…
- DefenXeePrivateMade-in-India OT CTEM (SCADAHawk): OT asset discovery, exposure prioritization, deception for industrial…
Figures appear only as recorded in CyberMerge data, with source and date. “Undisclosed” means no published figure in our data. Editorial, not investment advice. Last updated . Spot an error? Tell the desk.
