Cybersecurity startup RedMimicry has secured a million-dollar seed funding round to accelerate development of its cyberattack emulation platform and expand its sales network.
The round was led by High-Tech Gründerfonds (HTGF), with participation from Capital Square, Munich-based superangels, and several business angels. HTGF, which manages over €2 billion, has backed more than 780 startups since its founding in 2005
Founded in 2023 by Alexander Rausch and Stefan Steinberg, RedMimicry enables organizations to run repeatable emulations of cyberattacks, testing their resilience against evolving threats such as malware, targeted intrusions, and critical infrastructure attacks.
The platform addresses new regulatory demands under frameworks such as DORA and NIS-2, which require regular, comprehensive security testing.
Our vision is to enable companies to protect themselves independently and effectively against increasingly complex cyber-attacks
Rausch, co-founder and CEO of RedMimicry
RedMimicry’s platform is already in use by medium and large enterprises, managed security service providers, and consulting firms. The fresh funding will also bolster its sales efforts and partner network.
