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Praetura Equity Finance

Venture Capital

Portfolio

2

companies


Portfolio companies

CloudGuard

CloudGuard

CloudGuard provides automated and AI-driven cybersecurity and threat detection services for businesses.

C

Cytix

Cytix provides real-time security testing that integrates with software development.


Recent investments

Growth
£2.0M

The investment was led by Praetura Ventures to support regional team growth and cybersecurity research.

"Unfortunately for many businesses, the complexity and volume of cyber events is increasing every day. More effective use of Automation and AI is fundamental to enabling better detection, protection, response and resolution outcomes, but equally as threats continually evolve so to must our capabilities. Response time is critical to mitigating the impact of cyber events in any business, as well as improving business resilience. CloudGuard are striving to provide more cost-effective, more responsive resolution-based services for all businesses with leading security solutions from Microsoft and other partners. Manchester is our home. It’s such an amazing City, rapidly becoming one of the UK’s leading cyber hubs. We are thrilled with the Northern Powerhouse investment and plans to accelerate our business and talent."
— Matt Lovell, CEO
Seed
£1.6M

The round was co-led by the Northern Powerhouse Investment Fund II and Praetura Equity Finance, with backing from Auriga and SFC Capital.

"Automated scanning technologies have transformed the way we identify and remediate most vulnerabilities. However, companies still need to rely on manual penetration testing for certain classes of vulnerability that automated tools can’t detect. This area of the market has remained largely a stagnant and annual process, meaning a proportion of vulnerabilities are left to be detected just once a year. Cytix is here to change that using the latest AI models to bring all testing forward and create targeted testing at scale."
— Ben Armstrong, Co-founder and CEO