Vancouver-based cybersecurity startup Styx Intelligence has raised $2.7 million in an oversubscribed Seed round to expand its AI-driven digital threat detection platform. Led by BDC’s Seed Venture Fund, with support from FRAMEWORK Venture Partners, Top Down Ventures, and Sprout Fund, the funding will help Styx address emerging cyber risks linked to generative AI.
Co-founders Karim Ladha and Santosh Nair, industry veterans, aim to provide real-time external threat protection for enterprises. Investors praised Styx for combining technical sophistication with user-centric design, positioning it as a rising force in the Digital Risk Protection (DRP) market.
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