Baobab closes €12m Series A funding round

Augmentum portfolio company Baobab has closed a €12 million Series A funding round.

As cyber threats grow, Baobab offers insurance integrated with a risk mitigation platform to help EU companies protect themselves in a high-risk environment.

Augmentum participated in the round alongside existing investor Project A. The round was led by Viola Fintech and eCAPITAL.

Read more via Tech.eu here.