About the Startup
Danish RegTech platform that automates compliance for DORA and NIS2, providing integrated systems for regulatory cybersecurity requirements and automated validation checks.
Source: https://tech.eu/2025/10/28/formalize-raises-eur30m-to-advance-compliance-solutions-across-europe/
Frequently Asked Questions
What type of funding round did Formalize raise?
Formalize raised a series-b round.
How much did Formalize raise in its series-b?
Formalize raised $30,000,000 USD in its series-b.
Who invested in Formalize's series-b?
The investors in Formalize's series-b are: Undisclosed co-lead 1, Undisclosed co-lead 2, West Hill Capital, CIBC Innovation Banking.
What type of investment was Formalize's series-b?
Formalize's series-b was a equity investment.