Osavul Raises €8.5M Series A to Expand Hybrid Threat AI Beyond Governments

Osavul, a Luxembourg-headquartered security intelligence startup, has raised €8.5 million in Series A funding led by 33N Ventures as it looks to expand its hybrid threat intelligence platform beyond government and defence customers into sectors including airports, transportation, energy and financial services.

The round also includes Balnord, G+D Ventures and existing investor 42CAP. The latest investment brings Osavul's total funding to approximately €12 million.

The company plans to use the new capital to accelerate research and development and expand its sales operations as it targets a broader set of organisations facing increasingly complex security threats.

Building AI for Hybrid Threats

Osavul was founded in 2022 by Dmytro Bilash and Dmytro Plieshakov.

The company's platform is designed to identify threats that can span multiple domains rather than remaining isolated within traditional cybersecurity systems.

Osavul analyses open and privileged data to identify who may be targeting an organisation and then maps potential intent against the organisation's people, facilities and supply chains.

The objective is to identify potential attacks before they happen.

The company describes hybrid threats as a combination of activities such as sabotage, espionage, information operations and cyber-enabled attacks.

These threats can potentially affect both digital and physical infrastructure.

For example, a threat against an airport or railway may involve information operations, cyber activity and physical disruption at the same time.

This creates a challenge for organisations that traditionally manage cyber, physical security and intelligence through separate systems.

Osavul's platform is designed to connect these signals and provide a broader picture of potential threats.

From NATO to Commercial Infrastructure

Osavul has gained exposure through its work connected to NATO's Information Environment Assessment Capability.

The company says it is one of three technology companies delivering the capability.

Public announcements provide more specific context: in February 2026, a NATO agency selected a consortium led by Brandwatch and Blackbird.AI, with Osavul and Converseon participating as specialist partners.

The relationship places Osavul in an unusual position within the emerging hybrid threat intelligence market.

Blackbird.AI is both a partner in the NATO programme and a competitor in the broader commercial market.

Blackbird.AI raised $28 million in January 2026, bringing its total funding to $58 million.

Other companies operating in adjacent areas include London's Refute and LetsData, as well as Spain-based Golden Owl.

Osavul believes the market remains relatively young.

The company expects competition to increase as organisations become more aware of threats that cross information, cyber and physical channels.

Connecting Information, Cyber and Physical Risks

One of the central ideas behind Osavul's platform is that modern adversaries do not necessarily operate within one security domain.

A hostile campaign might involve information manipulation, cyber activity and physical disruption as part of a broader operation.

Traditional security tools are often built to address individual categories of risk.

Osavul is attempting to combine these signals into a single intelligence picture.

Carlos Alberto Silva, managing partner at 33N Ventures, said adversaries operate across information, cyber and physical channels simultaneously, while many security tools remain siloed.

The platform is designed to connect those three areas and provide organisations with a more comprehensive view of emerging threats.

Osavul says its assessments are evidence-traced and analyst-reviewed, while the platform can also be deployed on-premises.

That deployment model could be important for organisations dealing with sensitive information or operating in highly regulated environments.

Growing Beyond Government Customers

Osavul currently serves institutions in more than 10 countries, including the UK, Germany, Poland and the United States.

The company also lists enterprise traction across sectors including energy, transportation and finance.

Its next phase is focused on expanding further into commercial infrastructure.

Airports and banks are among the types of organisations that could potentially use the technology to identify threats before they develop into larger incidents.

The shift toward commercial customers is significant for Osavul because government and defence organisations have historically been among the earliest adopters of technologies focused on geopolitical and hybrid threats.

The company's challenge now is demonstrating that the same intelligence can deliver enough value for commercial organisations to make it part of their regular security spending.

European Threats Create a Market Opportunity

Osavul's investors see Europe as an important market for hybrid threat intelligence.

Bilash said hybrid threats are currently a particularly important European problem, contributing to greater willingness among European customers to invest in solutions addressing the risk.

The company's investor base also reflects that regional focus.

Alongside 33N Ventures, Balnord and G+D Ventures participated in the Series A, with existing investor 42CAP also returning.

Balnord's Gabriele Poteliunaite said European infrastructure companies are increasingly carrying risks they were not traditionally equipped to manage.

G+D Ventures partner Alberto Pérez Arranz described Osavul's technology as a way to turn fragmented signals into explainable, forward-looking intelligence.

Funding to Accelerate R&D and Sales

Osavul plans to direct the new capital toward research and development as well as expanding its sales efforts.

Bilash said the company intends to grow aggressively.

That expansion will require Osavul to demonstrate that its platform can work across different industries and threat environments rather than remaining primarily associated with government and defence use cases.

The company has already built an international customer base across more than 10 countries, giving it a starting point for that expansion.

The next step will be translating its experience with national-security and institutional customers into repeatable commercial deployments.

A Growing Threat Intelligence Market

The funding comes as the broader threat intelligence market continues to expand.

MarketsandMarkets projects the global threat intelligence market will grow from $13.15 billion in 2026 to $26.68 billion by 2031, representing a 15.2% compound annual growth rate.

The market's growth reflects increasing demand for systems that can identify threats before they become security incidents.

For Osavul, the opportunity is to apply AI to a broader version of that problem.

Instead of focusing solely on malware, network vulnerabilities or individual cyber incidents, the company is attempting to understand the intent behind threats and how those threats could move across an organisation's digital and physical infrastructure.

The Next Test for Osavul

Osavul's €8.5 million Series A gives the company additional capital to expand its technology and commercial footprint.

Its work connected to NATO provides an important reference point, while its presence across more than 10 countries gives the company an international base from which to expand.

But the next stage will ultimately depend on commercial adoption.

Airports, banks, energy companies and other infrastructure operators will need to see enough value in early-warning intelligence to make it part of their security budgets.

If Osavul can demonstrate that its AI can reliably connect fragmented signals and identify emerging threats before they become physical, cyber or information-security incidents, the company could establish a position in a growing category of hybrid threat intelligence.

For now, its latest funding signals investor confidence that the distinction between cyber, physical and information security is becoming increasingly difficult to maintain.