OT security firm Indurex raises €7 million

What happened. Indurex, which develops artificial intelligence for cyber-physical systems security, raised €7 million in a round led by Contrarian Ventures. Axeleo Capital and Curiosity also took part. The money will fund expansion in Europe and the Middle East, plus research and development.

Who is affected. The source does not say which organisations are affected. Indurex works with oil and gas, energy, utilities, manufacturing and data centre operators.

What to do. No action required.

When to act. For awareness: background reading, nothing to schedule