Cybavo provides blockchain security solutions to enterprise customers such as cryptocurrency exchanges, fund management companies, cryptocurrency wallet providers, and various fintech service providers. The company raised $4M in a Pre-A funding round co-led by 500 Startups, H&D Asset Management Company and New Economy Ventures, with additional participants from Taiwan, Silicon Valley, Singapore, Hong Kong and Japan. It plans to use the funding to accelerate expansion in East Asian, European, and North American markets and to invest in research and development of cybersecurity and blockchain technology. Cybavo is insured by an S&P AA-rated global reinsurance company and holds certifications for ISO 27001 and NIST’s Cryptographic Module Validation Program. Earlier this year it was accepted into 500 Startups’ flagship accelerator, opened its first European office in Luxembourg and completed Fit 4 Start, Luxembourg’s six-month startup acceleration program. Led by CEO Paul Fan, the company intends to further raise customer and product satisfaction with the new capital.

Total raised

$4M

Funding rounds

1

Latest round

Series A

Latest activity

Aug 2021