Silicon Canals
TRENDING
  • Mobility
  • AI
  • FinTech
  • Software & SaaS
No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact
No Result
View All Result
Silicon Canals
No Result
View All Result

Emproof secures €2M from TIIN Capital, others to provide security solutions for embedded devices

Vishal Singh by Vishal Singh
July 12, 2022
in (Crowd)funding, News
Emproof

Emproof founders (L to R) Philipp Koppe, Marc Fyrbiak and Benjamin Kollenda | Image credit: Emproof

21
SHARES
LinkedInTwitterWhatsAppFacebook

Emproof, an Eindhoven- and Bochum-based company that provides security solutions for embedded systems, announced on Tuesday that it has secured €2M in a Seed round of funding. The raised capital will help the company to further develop its product range and serve customers in Europe and the US.

This round was led by the Dutch investment group TIIN Capital through its Dutch Security TechFund. High-Tech Grunderfonds from Germany and the French venture capitalist Cyber Impact, a firm with cooperation between three European investors, also participated in the round

- Partner content -
EIT Digital
EIT Digital Challenge 2022 is here!
Calling all European deep-tech scaleups for EIT Digital Challenge 2022Show More
Calling all European deep-tech scaleups for EIT Digital Challenge 2022 Show Less
Read more

What does Emproof offer?

Emproof was founded by Philipp Koppe, Marc Fyrbiak and Benjamin Kollenda in 2017 at the Horst-Görtz Institute for IT-Sicherheit (HGI) in Bochum, Germany. Prior to Emproof, the founders worked together on academic projects focusing on advanced reverse engineering and advanced security analyses, for instance, reverse engineering of the microcode of AMD x86 CPUs. 

They founded Emproof to apply their knowledge of software security, reverse engineering and obfuscation to create effective protection for embedded systems.

Emproof has developed a technology which protects resource-constrained IoT and embedded devices against cyber threats and IP theft.

According to a statement from Emproof, most embedded and Industrial IoT devices have limited memory and processing power due to economic pressure to reduce manufacturing costs, which leaves little room for adding security overhead. Thus, existing firmware hardening techniques are inadequate, leaving these devices vulnerable to hackers. 

Consequently, it is simple to hack huge numbers of embedded devices, utilise them as botnets, mine cryptocurrencies, gain access to back-end systems, or simply extract and reverse-engineer the trade secrets or intellectual property the OEM has invested millions of dollars in creating. This results in reduced competitive advantage, decreased R&D investment returns, product liability lawsuits, and a damaged reputation.

This is where Emproof steps in. To address these problems, the company has created its NYX software suite that prevents reverse engineering and firmware tampering for Arm and Intel Corporation architectures with RISC-V International support coming shortly. In any firmware development process, integration as a post-compiler step enables rapid and easy client onboarding. It is also beneficial to have the option to “retrofit” security onto field equipment using an over-the-air update.

Over the next 12 months, the team will focus on roadmap features and Functional Safety certification to meet requirements in key markets such as aerospace, automotive and medical appliances.

About the investors

TIIN Capital was founded in 1998, and started with its sixth venture capital fund in 2019 – one of them being Dutch Security TechFund. This fund is sector-focused and backs startups and scale-ups in cybersecurity and IoT Security. The firm works together with Security Delta in The Hague, the Netherlands, and the European Cyber Security Organisation (ECSO) in Brussels, Belgium.

Launched in 2021, Cyber Impact Ventures is a French Seed investment fund that is dedicated to cyber startups. The firm was Initiated by cyber entrepreneurs and operated by Auriga Partners, a management company that has been pioneering VC in France. It leverages a network of more than 70 cyber specialists to deliver high-value support to its portfolio. With a target size of €60M, the fund is focused on French and European startups and aims at supporting the emergence of future European cybersecurity champions.

High-Tech Grunderfonds (HTGF) is a Seed investor that finances high-potential and tech-driven startups. With nearly €900M in total investment volume across three funds and an international network of partners, HTGF has already backed more than 650 startups since 2005. The firm’s focus is on high-tech startups in the fields of digital tech, industrial technology, life sciences, chemistry, and related business areas.

 - Partner content -
How cybersecurity scaleup Intigriti conquered the world?
How cybersecurity scaleup Intigriti conquered the world?
Catch our interview with Paul Down, Head of Sales at Intigriti.
Catch our interview with Paul Down, Head of Sales at Intigriti. Show Less
Read more
Tags: featuredfundingnews
Share1Tweet5SendShare8

Partner content | Work with us

Tokenisation is the future of the financial services industry, and Luxembourg’s Tokeny is at the helm of this change

Copilot for growers: Source.ag’s Rien Kamman explains how it helps growers increase their fresh produce with AI

Waste problem is complex, but Seenons has a solution: CEO and co-founder Joost Kamermans explains the plan

Want to scale your business in Germany and Europe? Here’s how the Scaleup Landing Pad Hamburg can help

Is your deep tech scaleup aiming high? The EIT Digital Challenge 2022 can get you there

Silicon Canals | Jobs


Breaking news from Amsterdam | Partner

Founder in Residence: Slimmer AI’s Daniela Redondo Vélez on how it aims to help founders early in their dream to build new age B2B AI solutions

Amsterdam and Paris-based Trezy bags €1M, opens European headquarters in the Dutch capital

Amsterdam’s Just Eat Takeaway made progress towards profitability in H1 2022: Report

9 Amsterdam-based startups that are cooling the planet

Advertisement

  • About Silicon Canals
  • Partner with Silicon Canals
  • Contact us
  • Newsletter
  • Disclaimer
  • Privacy Policy
  • Cookie Policy (UK)
  • Cookie Policy (EU)
  • Terms & Conditions Silicon Canals

Silicon Canals 2014-2022 | Website: Bright Idiots

No Result
View All Result
  • Home
  • News
    • Ukraine
    • Startups
    • Scaleups
    • Coin Canals
    • FinTech
    • AI and chatbots
    • Travel & Mobility
    • Software & SaaS
    • Health & Medtech
    • (Crowd)funding
    • Blockchain
    • Internet of things
    • Hardware
    • Accelerators
    • E-commerce
    • Cybersecurity
    • Gaming & Virtual Reality
    • Drones
    • COVID-19
  • Features
    • How-to
    • Knowledge & Insights
    • Guest Contributions
  • Partners
    • Amsterdam
    • Rise by Techleap.nl
    • Fintech Files by AWS
    • Scaling-up in Europe
    • Blue Tulip Awards
    • Partner with us
    • Promoted content
  • Jobs
  • About us
    • Partner with us
    • About
    • Team
    • Newsletter
  • Contact

Silicon Canals 2014-2022 | Website: Bright Idiots

Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Stay updated with the Silicon Canals daily and weekly newsletters.
We promise we won't spam you. You can choose to unsubscribe anytime.
Silicon Canals
Manage your privacy

To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.

Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Statistics

Marketing

Features
Always active

Always active
Manage options Manage services Manage vendors Read more about these purposes
Manage options
{title} {title} {title}
X
X