Equixly has secured €10 million in new funding to accelerate the expansion of its agentic AI platform designed to automate the discovery of complex API vulnerabilities across modern enterprise environments.
The latest round brings additional momentum to the Verona-based cybersecurity company as it positions its autonomous “AI hacker” technology at the center of enterprise security operations.
The company said the investment will enable it to deepen the intelligence of its AI agents, broaden its engineering and go-to-market teams, and support growing demand from large organizations across Europe. Equixly’s platform continuously analyzes how software is being used and conducts targeted attack simulations that mimic the reasoning patterns of human adversaries. By doing so, the system is built to identify hidden flaws — including business-logic vulnerabilities that traditional scanners often miss.
Equixly noted that its technology has already gained traction among major European banks, insurers and payment providers, where security teams are adopting autonomous attack simulation to keep pace with rising API exposure and increasingly adaptive cyber threats. The company positions its approach as a necessary response to what it calls a $200 billion global API security crisis.
The round includes participation from 33N Ventures, Alpha Intelligence Capital, JME Ventures, 360 Capital and Fondazione CR Firenze. Equixly said the new capital validates both market need and the company’s mission to deliver scalable, continuously learning AI agents capable of uncovering deep-rooted vulnerabilities at speed.