DeNexus, a Boston-based OT cyber risk management company, secured $17.5M in Series A funding.

The funding round was led by Punja Global Ventures, with participation from AXA XL, Prosegur/SegTech, and HCS Capital.

The funds will be used to scale DeNexus' growth and enhance its product offerings, positioning the company as a leader in industrial cyber risk management.

Leveraging AI and ML with its DeRISK™ platform, DeNexus aims to set the global standard in industrial cyber safety for sectors like energy and manufacturing.