Osavul raises €8.5M to take hybrid threat AI from NATO to airports and banks

Osavul has closed an €8.5 million Series A led by 33N Ventures, with Balnord, G+D Ventures and existing backer 42CAP also in the round. The Luxembourg-based company says its total funding is now about €12 million. That money is meant to push a tool that started in government circles into places that have just as much to lose, but less of a habit of buying defence tech.

The pitch is blunt: Osavul reads open and privileged data, figures out who is aiming at a customer, then maps that intent against people, facilities and supply chains. The idea is to spot trouble before it turns into an airport outage, a railway fire or some other ugly mess. Bilash, now chief business development officer, groups hybrid threats into sabotage, espionage, information operations and cyber-enabled attacks. The platform’s assessments are evidence-traced, reviewed by analysts and can run on-premises.

Osavul says it already works with NATO and institutions in more than 10 countries, including the UK, Germany, Poland and the US. It also says total contract value grew fourfold in 2025, though it gives no revenue figure. The company lists enterprise traction in energy, transport and finance. So this is not a pure military story anymore; it is trying to sell to the people who keep infrastructure running and hate surprises.

The competition is real, even if the market is still forming. Osavul says it is one of three technology companies delivering NATO’s Information Environment Assessment Capability, but public announcements also show a different setup: in February 2026, NATO’s agency picked a consortium led by Brandwatch and Blackbird.AI, with Osavul and Converseon as specialist partners. That leaves Blackbird.AI as both collaborator and rival, while smaller names such as Refute, LetsData and Golden Owl are circling the same space. The company wants the new cash for research, development and a bigger sales push, which is another way of saying it thinks the hard part is still ahead.