Israel-based autonomous technology security developer Regulus Cyber disclosed $6.3m in seed and series A funding on Tuesday from a consortium featuring Technion – Israel Institute of Technology.
The round also included venture capital firms Sierra Ventures, Canaan Partners Israel and F2 Capital. The company did not specify individual amounts for the two rounds.
Founded in 2016, Regulus is developing anti-hacking technology that shields autonomous devices such as drones, robots and self-driving vehicles from external interference. The products work by blocking physical hacks on sensors common to autonomous technologies, such as GPS, lidar and radar.
Regulus Cyber was co-founded by Yoav Zangvil, a Technion graduate who majored in robotics, dynamics and control systems, along with Yonatan Zur, who previously co-founded digital signage media provider Screemo.
Zur, now chief executive of Regulus Cyber, said: “In both newly emerging industries – autonomous vehicles and unmanned aerial vehicles – ensuring the security and mission reliability of each vehicle will be crucial.
“Our solutions were developed to provide peace of mind, lower insurance rates and liability, and minimise equipment risk in an ever-evolving threat and interference environment.”
