Over the past few years, we (at axc) navigated through the early-stage startups cyber ecosystem. The cybersecurity market went from a not so trendy niche sector to a word that is on everyone’s lips (👋 VC friends). Digitalization, cloud switch, COVID19, remote policies, macro-politics & co have been the catalysts of such market development. As the need extends, the market congests itself and problems appear. Setting obstacles on the path for cybersecurity startups.
We can notice a remarkable rebound in the amount invested in cybersecurity and in Europe over this last quarter. Going from €186M raised in Q3 to more than €520M, the amount invested in this 4th quarter shows an increase of 181% and we explain why.