Indurex raises €7M seed round to protect cyber‑physical systems

Indurex announced on Oct. 22, 2026 that it closed a €7 million seed round, roughly $7.86 million, with Contrarian Ventures as the lead investor and participation from Axeleo Capital and Curiosity ^[1]. The company, founded in January 2026, builds an AI‑native platform that secures cyber‑physical systems—industrial control, IoT devices, and other embedded hardware—against emerging threats ^[1].\n\nThe capital will be directed toward research and development to harden the platform’s engineering intelligence, as well as a commercial push across Europe and the Middle East to capture early‑stage enterprise customers ^[1].\n\n"Engineering Intelligence is the missing layer," said Jalal Bouhdada, co‑founder and CEO, underscoring the team’s belief that AI‑driven security is essential for the next generation of connected infrastructure ^[1]. The seed round also includes strategic investors Axeleo Capital and Curiosity, who will provide industry expertise alongside Contrarian Ventures ^[0]. Indurex plans to hire additional engineers and sales staff in Europe and the Middle East as part of its growth plan ^[0]. The company’s board will be expanded to include a representative from Contrarian Ventures ^[0].