France's Hackuity raises €16 million to tackle growing wave of cyber vulnerabilities
Lyon-based cybersecurity firm Hackuity has raised €16 million to expand its AI-driven platform that helps organisations prioritise and fix security vulnerabilities. The round was led by Forgepoint Capital International.
Hackuity, a cybersecurity company based in Lyon, France, has closed a €16 million (roughly $19 million) funding round aimed at advancing its AI capabilities, product development, and expansion into Europe and Asia. The round was led by Forgepoint Capital International, with existing investors Bright Pixel, Bpifrance, and Seventure Partners also participating. The company's total funding raised to date now stands at €32 million.
Founded in 2018, Hackuity operates a platform that pulls together security data from more than 130 different tools, helping organisations determine which vulnerabilities pose the greatest risk and should be addressed first. The platform currently serves over 6,000 users, protects more than two million digital assets, and processes a billion security findings. Its client base includes companies such as ENGIE and BPCE.
A growing flood of vulnerabilities
CEO Patrick Ragaru said the company was founded on the belief that the volume of discovered vulnerabilities would eventually outpace what human teams could realistically handle. According to the company, there are now 350,000 known Common Vulnerabilities and Exposures (CVEs) worldwide, a 20% increase year-on-year. The problem is being compounded by new AI-powered discovery tools — one such tool reportedly identified more than 10,000 high-severity flaws in under two months, with 99% still unpatched.
Hackuity says its customers have been able to significantly cut down on critical alert noise, speed up the time needed to fix vulnerabilities, and automate a substantial portion of that remediation work.
Part of a broader investment wave
Hackuity's raise adds to a larger trend of investment in European cybersecurity: total funding across European cybersecurity and AI-security startups in 2026 now stands at roughly €411 million. Other French companies, including Qevlar AI and Escape, along with Italian firms Bynario and Exein, have secured similar rounds recently.
