Canary Bit AB

Canary Bit AB

Private
StockholmCybersecurityhttps://canarybit.eu

Last Round

Grant

Jan 1, 2024

Total Funding Raised

$1.05M

Momentum Score

50 /100

Company Overview

Canary Bit AB is a cybersecurity company that provides a platform for confidential computing designed to protect digital assets and sensitive data.

Sector

Cybersecurity

Verticals

Data Protection, Cloud Security, Application Security, Defense Tech, Zero Trust

Business Model

B2B

Customer Profile

Subscription SaaS, Government Contracts, Services & Consulting

AI Layer

Infrastructure

Keywords

confidential computingprivacy-enhancing technologiesPETsdata-in-use protectionsecure data collaborationdata clean roomconfidential AIzero-trust securitysecure enclavestrusted execution environmentTEEsecurity orchestrationapplied cryptographyend-to-end data protectionconfidential cloudcybersecurity consultingdefense tech

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Caplight Momentum Score

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Canary Bit AB Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Canary Bit AB Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
GrantJan 1, 2024
GrantOct 1, 2022
AcceleratorMay 20, 2022

Key People

Founding team and executive leadership

Stefano Cucchiella

CTO Co-Founder

Founding Team

Nicolae Paladi

CEO Co-Founder

Founding Team

Canary Bit AB Investors

Notable investors and investment history

InvestorRounds
LVenture GroupAccelerator
European UnionGrant

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 19, 2026

    Added Aruba Cloud, a mid-market technology company.

  • Mar 19, 2026

    Added Cybersecurity Made In Europe as a new customer.

Canary Bit AB Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Canary Bit AB Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersStockholm
Employee Range10
Year Founded2020
Last FundingJan 1, 2024

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