Axian Group, the pan-African investment conglomerate controlled by Malagasy businessman Hassanein Hiridjee , has joined a 3-million 3.5-million funding round for Nucleon Security, a Paris-based cybersecurity startup developing artificial intelligence for proactive defense.
The late seed round was led by NewFund Capital, with backing from Axian Group as well as participation from CDG Invest through its 212Founders program, LoftyInc Capital, Orange Ventures. The funding will help Nucleon expand its AI-driven platform, speed up commercial growth in Europe and Africa, and strengthen its research and development.
Building AI-powered cyber defense