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April 26, 2024
1 min read

Bitdefender’s New Venture Unit Supports Cybersecurity Startups


TLDR:

  • Bitdefender has launched a venture division called Bitdefender Voyager Ventures (BVV) to invest in early-stage cyber and AI startups.
  • BVV will make equity investments of between €500,000 and €2m per funding round, with a focus on cybersecurity, data analytics, automation, and AI.

Romania-headquartered cybersecurity company Bitdefender has announced the launch of Bitdefender Voyager Ventures (BVV), a venture division aimed at backing early-stage cyber and AI startups. The new venture unit will invest in startups at the seed or Series A stage, acting as either a lead or co-investor. BVV will have a global mandate with a focus on Europe, including the UK, and will make equity investments ranging from €500,000 to €2m per funding round, depending on the startup’s development stage and funding needs. The capital for the fund will be sourced from Bitdefender’s balance sheet, providing flexibility and control over investment strategy.

Founded in 2001, Bitdefender offers cybersecurity tools to businesses and consumers worldwide. The company aims to support a “handful of startups that demonstrate strong potential in cybersecurity, data analytics, automation, and AI” through continuous investments. CEO Florin Talpes stated that the launch of BVV reflects Bitdefender’s commitment to innovation and supporting entrepreneurial talent. Talpes emphasized their experience in building a leading global cybersecurity business positions them uniquely to help founders develop innovative solutions and bring them to market.


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