Adrian Johnson
TLDR:
Denmark-based Uniqkey has raised €5.35M in funding to expand its cybersecurity solution across Europe, aiming to become the employees’ digital security guard. The round was led by Swedish VC BackingMinds, with contributions from industry veterans. Uniqkey offers encrypted password protection directly to employees, eliminating the need for users to remember passwords and mitigating the risk of data theft and cyber-attacks. The company aims to evolve beyond password protection to become a complete digital security guard for employees, focusing on education and enhancing cyber awareness across organisations.
Hovedstaden-based Uniqkey, a company that offers password and access management solution, has raised €5.35M in funding to expand its cybersecurity solution across Europe, helping companies become more resilient to cyber-attacks and data theft. Rising geopolitical tensions and decades of underinvestment in digital infrastructure have left Europe dependent on foreign technology, threatening its digital sovereignty. Uniqkey aims to bolster Europe’s digital independence.
The round was led by Swedish VC BackingMinds, with contributions from industry veterans including Jesper Zerlang (former CEO of Logpoint), Lars Ankjer, Otto Krabbe, Rolf Bladt, and several notable angels and key employees. Uniqkey offers encrypted password protection directly to employees, significantly enhancing security by requiring a mobile app for system logins—similar to national ID apps used for banking.
Uniqkey aims to evolve beyond password protection to become a complete digital security guard for employees, focusing on education and enhancing cyber awareness across organisations. The company looks to bolster the security of European citizens and companies against cyberattacks.
