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Nymiz, an rising privacy-tech scaleup based in 2020 by Óscar Villanueva Cañizares, secured €2 million in a Collection A funding spherical led by cybersecurity-focused TIN Capital, alongside Swanlaab Venture Factory, Auriga Cyber Ventures, SWG Cyber & Defence Fund, and CDTI.
Nymiz’s AI-driven platform specialises in automating knowledge anonymisation and pseudonymisation for unstructured paperwork, databases, and varied knowledge codecs. This functionality helps over 70 enterprise clients throughout finance, healthcare, authorized, and public administration sectors use delicate knowledge securely whereas sustaining compliance with world privateness legal guidelines similar to GDPR and HIPAA.
The know-how replaces private data in 102 languages with artificial knowledge or tokens, enabling organisations to unlock precious insights with out compromising privateness.
Óscar Villanueva, with prior innovation management expertise within the power sector at corporations like Repsol, co-founded Nymiz to deal with the rising hole between knowledge utility and privateness safety. “Our platform not solely meets rising regulatory calls for but in addition anticipates the dangers launched by the rising use of generative AI,” he stated.
Opponents on this house embody corporations like Privitar, BigID, and Privacera, but Nymiz differentiates itself by means of a powerful deal with unstructured knowledge and AI-powered automation at scale. With this new funding, the startup goals to strengthen its operational basis and speed up worldwide enlargement in Europe, Latin America, and the U.S. by 2026.
TIN Capital, which not too long ago launched its European Cyber Tech Fund V focusing on cybersecurity Collection A and B rounds, views Nymiz as a promising chief to observe. Bart Houlleberghs, a accomplice at TIN Capital, famous, “Nymiz’s deep tech and clear product-market match align completely with our mission to empower Europe’s cybersecurity and privateness innovators.”
With privateness turning into a vital enterprise enabler within the age of AI, Nymiz’s imaginative and prescient of embedding “Privateness as Infrastructure” might set new requirements in accountable knowledge use globally.
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