Software developer Cyscale raises a €3million in SEED funding round

Cyscale obtained a €3million SEED funding and will use the investment to grow the team, the products and to develop internationally, especially in the UK market.

The round was led by Notion Capital, with participation from Seedcamp, GapMinder BV, Micha Hernandez van Leuffen and David Mytton.

Cyscale is a startup that develops software solutions to protect data stored in the cloud and performs risk data analysis. The company was founded in 2019 by Manuela Țicudean, Ovidiu Cical and Andrei Milaș.

The startup started its acceleration process with Techcelerator, attracting support and successive financing rounds: 100,000 euros in 2019 and 350,000 euros through SeedBlink in 2021.

Cyscale has 15 employees and users/partner companies from Romania, the UK, Singapore, Germany, France and the USA.

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