CYTUR (CEO, Yonghyun Jo), a specialist in maritime mobility cybersecurity for smart ships, autonomous vessels, and smart naval systems, announced on the 30th that it had successfully secured a Pre-Series A investment from Darae Strategy & Business (Co-CEOs Soon-Gu Bae and Jung Kuk Kim). This investment round also included Lighthouse Combined Investment and Sunbo Angel Partners. The funds will be used to strengthen the company's professional workforce and enhance its research and development (R&D) capabilities.
CYTUR CEO, Yonghyun Jo stated, “This investment validates our technological prowess and business potential in ship cybersecurity. We are committed to becoming the first mover in this field in the global market.” Soon-Gu Bae, Co-CEO of Darae Strategy & Business, remarked, “With the growing global demand for cybersecurity solutions, the maritime cybersecurity sector is poised for significant growth and revenue expansion. CYTUR, a standout participant in our AI Security Promising Enterprise Program, has demonstrated robust technology and organizational capacity. Its alignment with mandatory compliance for maritime cyber resilience regulations (UR E26 and E27), along with its collaborations with domestic and international shipbuilders, positions it as a key player in expanding the global market, leading to our decision to invest.”
Source: www.etnews.com