Nothreat secures seed investment backed by Algara Group to fund research and expansion.
The funding round was backed by Algara Group.
Nothreat is a cybersecurity company specialising in artificial intelligence driven security and Internet of Things protection. The company provides lightweight software firewalls and adaptive frameworks to secure connected digital environments.
Nothreat has secured seed backing from Algara Group, confirming a valuation of £40m. The capital will enable the cybersecurity firm to advance its artificial intelligence security research and scale operations into new markets. Algara Group participated as the sole named backer in the round. The investment follows deployment successes with major enterprises including Lenovo and Azerconnect Group.
From the founder
"AI-generated cyber threats are evolving rapidly, and traditional security measures are struggling to keep up. We are building solutions that anticipate, detect, and neutralize threats before they can cause harm. This investment allows us to push our research further, expand our global footprint, and equip businesses and governments with next-generation cybersecurity defenses."
Sergej Kostenko
CEO at Nothreat
Investor perspective
"Effective cybersecurity is not just about responding to threats but proactively anticipating and neutralizing them before they cause harm. Nothreat’s patent-pending technology, combined with its advanced AI-driven approach, positions the company at the forefront of cybersecurity innovation, providing organizations with a strategic advantage in protecting their critical assets,"
Andrey Draganov
Founder, Algara Group
Use of funds
- 01Fund research and development
- 02Expand into international markets