The Amsterdam-based firm secured funding to grow its AI platform for critical infrastructure security across new markets.
Key points
- Indurex raised €7 million in a round led by Contrarian Ventures.
- The company will expand commercial operations in Europe and the Middle East.
- Its SafeGuard AI platform analyzes data from distributed control systems.
Indurex, an industrial cybersecurity firm based in Amsterdam, has secured new funding to grow its business. The company plans to use the capital to expand its operations in Europe and the Middle East, with future growth targeted at the United States and Asia-Pacific markets.
What happened
Indurex raised €7 million, which is roughly $7.84 million, in a funding round led by Contrarian Ventures. According to SecurityWeek, Axeleo Capital and Curiosity also participated in the investment. The company stated it will use the money for research and development and to expand its commercial presence in Europe and the Middle East.
Indurex emerged from stealth in January 2026. It was founded by Jalal Bouhdada, who serves as CEO, and Maarten Oosterink, who serves as COO. Bouhdada previously founded Applied Risk, an industrial cybersecurity company that DNV acquired in 2021.
The company’s SafeGuard AI platform analyzes data from distributed control systems, safety instrumented systems, process historians, and alarm management systems. It identifies anomalies in engineering configurations and protection settings that may need operator attention.
Indurex says its early customers include energy and manufacturing operators, ranging from mid-sized companies to multinational enterprises. The firm is also targeting utilities and data center operators for future adoption of its security software.
Why it matters
Industrial environments rely on complex systems where safety and security are deeply intertwined. Traditional tools often focus only on network traffic, missing changes in physical safety settings. This approach helps teams see how digital alerts relate to physical risks, allowing operators to prioritize threats that could impact real-world operations rather than just network anomalies.
The fix
- Monitor engineering configuration changes for unexpected anomalies.
- Integrate data from safety systems with IT security tools.
- Review protection settings regularly for unauthorized modifications.
- Assess security alerts within the context of physical systems.
Why it matters
Teams usually struggle to connect digital security alerts with physical safety risks in industrial settings. Check whether your monitoring tools can analyze both network activity and engineering configurations. Understanding how changes in safety functions relate to cyber threats helps operators prioritize incidents that could impact critical infrastructure operations effectively.
What to do and how to stay safe: Indurex
- Review your current monitoring tools to see if they cover safety instrumented systems.
- Ensure your security team has visibility into engineering configuration changes.
- Integrate data from process historians with your existing IT security tools.
- Once the vendor provides an update, apply it to your SafeGuard AI platform.
Step-by-step guide: What is password policies and how they protect systems
General security guidance from the Crypt Weekly newsroom. It is not confirmed advice from the organisations named in this story.
Frequently asked questions
How much funding did Indurex raise?
Indurex raised €7 million, which is approximately $7.84 million, in a round led by Contrarian Ventures.
Where will Indurex expand its operations first?
The company plans to expand its commercial operations in Europe and the Middle East before targeting other markets.
Who founded Indurex?
Indurex was founded by CEO Jalal Bouhdada and COO Maarten Oosterink, who emerged from stealth in January 2026.
