€3.4 million for Alcyconie in Saint-Malo – L’Informaticien

New funding for Alcyconie

The Breton start-up specialising in cyber resilience and crisis management will use its new funding to strengthen its consulting services and launch a new SaaS platform.

Alcyconie is winning the confidence of French investors. The Saint-Malo-based start-up, which specialises in training companies in cyber crisis management, has just completed a €1.4 million funding round with a banking pool comprising Bpifrance, Caisse d’Epargne Bretagne and BNP PARIBAS. The Breton company has thus secured total funding of €3.4 million, initiated by a €2 million fundraising round with CyberK1 (Klecha & Co) last April.

Founded by Stéphanie Ledoux in 2018, Alcyconie has literally exploded in 2023. The company has carried out 135 cyber crisis simulation exercises in France and internationally via its PIA training platform. These have been carried out for organisations of all sizes and in all sectors of activity, including OIVs (operators of vital importance) and OSEs (essential service operators), local authorities and health organisations, and players in the industrial and financial worlds. Its workforce has grown from 8 to 22 employees over the past year and is expected to grow further in the coming months with several positions currently open.

The new investments will enable Alcyconie to accelerate its consulting activities and expand its offering with the launch of a cyber crisis management platform designed for critical situations. This SaaS solution will help organisations communicate and organise themselves more effectively when their information systems come under attack.

Article written by Oscar Barthe for L’Informaticien.