Zynap, a Barcelona-based cybersecurity startup leveraging Gen AI to fight cybercrime, has launched and raised €5.7 million in funding. The round was co-led by Kibo Ventures (which backed Onum and Notpla) and Kfund (which backed Skillvue and MiLaboratories). It also saw participation from key business angles.
The investment will be used to accelerate the company’s technology development and expansion plans.
What challenge does it resolve?
The cybersecurity industry continues to evolve rapidly amid escalating digital threats and the expanding attack surface created by cloud computing, IoT devices, and remote work. Organisations face sophisticated challenges from ransomware attacks, social engineering schemes, and state-sponsored cyber operations, driving robust growth in the security sector.
This is where Zynap plays a role as it uses Gen AI to fight cybercrime proactively by simulating cyber threat tactics.
Redefines threat intelligence
Zynap was founded in 2024 by Daniel Solís in Barcelona. It benefits from his experience as former CEO and founder of Blueliv and the backing of advisors like Pedro Castillo, founder of Onum and Devo, Spain’s first cybersecurity unicorn.
The cybersecurity startup aims to redefine threat intelligence through technology that delivers actionable and hard-to-access operational insights. Its solutions empower enterprises and MSSPs (Managed Security Service Providers) to stay ahead of evolving digital threats. Zynap’s approach offers a practical, actionable focus, differentiating itself from existing market alternatives. It provides measurable outcomes that empower clients to make informed decisions.
As it uses Gen AI alongside other advanced technologies, the Spanish startup claims to deliver precise results that enable businesses to protect themselves from cybercriminal threats even before they occur. The team is currently developing a trial version of its product, set to be released soon.
Daniel Solís, CEO and founder of Zynap, the former CEO and founder of Blueliv said: “Our mission is simple yet ambitious: Outsmarting Cybercrime. We believe cybercrime is a challenge that cannot be tackled with generic solutions but requires advanced technology, reliable data, and a disruptive approach.”
“We’ve known the team for over a decade, and it’s inspiring to see them come together again, stronger and more experienced, around such a distinctive and essential product for the cybersecurity industry. We’re thrilled to invest in this team and their new venture for the second time,” said Juan Santamaría, partner at Kibo Ventures.
“We’re investing in Zynap because we see an extraordinary team with a clear vision and a product that solves real problems for large enterprises and MSSPs. We’re excited to be part of this journey,” added Jaime Novoa, partner at Kfund.
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