Ledger. Australian venture funding, tracked

Startup · $6.1m raised · Cybersecurity · AI

Dam Secure

AI security startup tackling risks from AI-generated code reaching production.

Sydney, NSW

Coverage

Stories naming Dam Secure. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

Cheque-in: four ANZ startups raised $307.1 million in mid-January

Roundup of four ANZ raises: a Queensland rocket company's nine-figure Series E, a New Zealand legal-AI firm's Series B, a seed round for AI code-security, and a Melbourne construction-software raise.

8 deals

Four ANZ startups that raised $307.1 million this week

Roundup of four ANZ raises totalling over $307m: Gilmour Space's Series E, Ivo's Series B, Dam Secure's seed round and SPEC Toolbox's pre-Series A, plus a board appointment at Dam Secure.

Seed $6.1m

Dam Secure raises $6.1 million to tackle AI code security risks

AI code security startup Dam Secure has closed an oversubscribed $6.1 million seed round led by Paladin Capital Group, with several tech executives investing, to grow its Australian R&D team and build a US sales presence.

Also Startup Daily·Forbes Australia·SmartCompany·Forbes Australia

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