Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-
seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for small and medium-sized enterprises (SMEs) and FinTech companies.
The investment round saw participation from venture capital firms FIRSTPICK, NGL Ventures, and
several notable business angels.
Cyber Upgrade, led by Aurimas Bakas and Andrius Minkevičius, former co-founders of Paysolut, a
core banking system provider acquired by SumUp, aims to revolutionise cybersecurity for SMEs
and FinTechs.
https://fintech.global/2024/02/12/lithuanias-cyber-upgrade-raises-e650k-to-strengthen-sme-cybersecurity-solutions/
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