360 Capital backs Bynario’s €2.1M raise to turn AI bug-hunting into a full-stack security platform

Bynario has raised €2.1 million in pre-seed funding, with 360 Capital Partners leading the round and PranaVentures also in. The Milan startup didn’t arrive here by accident: one of its AI-assisted bug reports to Apple almost disappeared into the same review pile that recently forced Apple to limit how many vulnerability submissions some researchers could file. The backdrop is ugly. Exploits now account for 31% of breaches, ahead of stolen credentials.

The company’s own Apple find helped make the point. Bynario’s team, just seven people in Milan, had been using AI models to hunt for macOS bugs when it found a flaw in Apple’s Screen Sharing technology. Alfredo Pesoli, Bynario’s chief executive, told the Financial Times the issue could have been worth up to $200,000 on the black market. Apple eventually reviewed the report and patched the bug. That episode now reads like a case study in why security teams are drowning: too many submissions, too much noise, and not enough time to tell the real problems from the AI slop.

Founded in 2025 by Pesoli, Giancarlo Russo and Lorenzo Cavallaro, Bynario is building Atlas, an autonomous application security platform. The pitch is sharper than the usual scanner story. Atlas looks across code, cloud infrastructure and software supply chains, but it is meant to go further than flagging possible weaknesses. It is designed to confirm which vulnerabilities are actually reachable in a customer’s environment, then prioritise them and help fix them. The company’s argument is simple: don’t hand security teams a list of hundreds of theoretical issues when only a few can be used this week.

The money will go toward engineering hires and building out the platform for enterprise customers, though Bynario hasn’t said how many people it plans to add. 360 Capital brings more than €700 million under management and a portfolio of over 80 companies, while PranaVentures comes in after merging with P101 SGR earlier this year. Bynario is entering a crowded AI-security market, but it is aiming at a gap that the others haven’t fully covered: the whole chain from finding a flaw to proving it matters and closing it.