United Ventures backs Beelzebub's €3m AI cyber defence bet

- Beelzebub has raised €3m in a Seed round from United Ventures to develop AI-powered cyber defence technology.
- The startup's technology uses AI decoys to trap AI-powered attackers, and it is also developing new tech to protect AI agents.
- This funding round brings Beelzebub's total funding to €3.3m, following a €300k pre-Seed round.
- The investment will support Beelzebub's ongoing development of innovative cyber defence solutions.
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• The Monetary Authority of Singapore (MAS) has identified a potential boom in AI investments as a key risk to global financial stability. • To address this, MAS and the Association of Banks in Singapore (ABS) have set up a task force to enhance cyber and technology resilience against AI-driven threats.
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