Osavul raises $10m Series A for hybrid risk intelligence platform

Osavul, a Luxembourg-based hybrid risk intelligence company, has raised $10m (€8.5m) in a Series A round led by 33N Ventures. Balnord, G+D Ventures and 42CAP also participated, taking the company’s total funding to roughly €12m.

Osavul’s AI platform analyses open and privileged data to identify hostile intent across the cyber, physical and information domains before attacks occur. It maps who is targeting a customer against that customer’s people, facilities and supply chains, and the company says its assessments are evidence-traced, analyst-reviewed and can run on-premises in sovereign infrastructure.

The company was initially developed during Russia’s invasion of Ukraine and now serves government, defence and security institutions in more than 10 countries, including as one of the providers delivering NATO’s Information Environment Assessment Capability. Osavul plans to use the funding to enhance its AI, expand into enterprises and critical infrastructure operators, and deepen its government and defence work.