A cyberattack on an industrial facility can do more than disrupt computer systems. It can interfere with production, compromise safety controls and threaten the essential services that businesses and communities depend on. As factories, energy networks and data centres become increasingly connected, protecting the engineering systems behind these operations is becoming a major cybersecurity priority. Indurex is addressing this challenge with an AI powered platform that combines engineering intelligence with cyber risk detection, having raised €7 million to strengthen its technology and expand into new markets.
€7 Million Funding Round
The funding round was led by Contrarian Ventures, with participation from Axeleo Capital and Curiosity.
Indurex develops cybersecurity technology for cyber physical systems, which combine digital technologies with physical industrial processes. Its customers and target markets include operators in oil and gas, energy, utilities, manufacturing and data centres.
The new investment will support research and development, strengthen the company’s platform and expand its commercial operations. Indurex plans to focus initially on Europe and the Middle East before entering the United States and Asia Pacific markets.
Why Industrial Cybersecurity Needs a New Approach
Industrial organisations increasingly connect operational technology, which controls physical equipment and production processes, with information technology systems used for business operations and data management.
This convergence improves connectivity and operational efficiency, but it also creates additional security risks. A vulnerability in connected systems can potentially affect industrial equipment, production processes and safety related operations.
Traditional operational technology security tools often concentrate on network traffic, identifying suspicious communications and possible intrusions. However, network monitoring alone may not reveal whether an engineering configuration has changed unexpectedly or whether an industrial process is operating outside its intended safety limits.
Indurex aims to address this gap by examining the engineering and operational data that determines how industrial facilities function.
Inside the SafeGuard AI Platform
Indurex has developed SafeGuard AI, a platform that combines engineering information with cybersecurity intelligence to provide a broader understanding of industrial operations.
The system brings together data from industrial control systems, safety systems, operational processes and information technology security tools. By analysing these sources together, the platform aims to identify risks that might remain difficult to detect when information is examined separately.
Its AI agents look for anomalies, deviations from engineering configurations and potential operational risks. The platform then provides insights and recommended actions to support security teams and industrial operators.
This approach is designed to help organisations investigate potential incidents, understand their operational implications and respond more effectively to emerging threats.
Connecting Security With Operational Safety
A central part of Indurex’s strategy is bringing cybersecurity and engineering safety into a shared operational view.
Founder and CEO Jalal Bouhdada has argued that industrial cyber defences have traditionally focused heavily on network activity, while engineering configurations, process conditions and safety signals also play an important role in protecting facilities.
The company’s platform is designed to help operators identify discrepancies between expected engineering conditions and actual system behaviour.
SafeGuard AI also supports regulatory compliance through automated reporting against relevant cybersecurity and functional safety standards. This can help industrial organisations document risks, track deviations and organise evidence for compliance activities.
Expanding Across Critical Industries
Indurex reports early customers among mid sized energy and manufacturing businesses, as well as large multinational enterprises. The company is also targeting utilities and data centre operators, where reliable operations and protection of critical systems are essential.
As industrial infrastructure becomes more connected, organisations need security tools that account for both digital threats and their potential physical consequences.
What Comes Next?
The €7 million investment gives Indurex resources to improve its AI capabilities, develop its platform and reach more industrial customers.
Its expansion plans reflect growing demand for cybersecurity solutions tailored to complex industrial environments. By combining engineering data, operational intelligence and AI driven risk detection, Indurex aims to help operators strengthen protection while maintaining reliable and safe operations.
The company’s long term opportunity lies in making engineering intelligence a more integral part of industrial cybersecurity, particularly as critical infrastructure becomes increasingly dependent on connected technologies.