Young "bug bounty hunter" bags $6M pre-seed round for security startup

· Source: Tech.eu - Tech.eu · Field: Technology & Digital — Cybersecurity & Data Privacy, Emerging Technologies & Innovation · Depth: Fundamental Awareness, quick

Summary

French cybersecurity startup Lupin & Holmes, founded by 23-year-old "bug bounty hunter" Roni Carta, has secured a \$5.9 million pre-seed round led by Harry Stebbings' 20VC and Seedcamp. Carta, who earned nearly \$800,000 from companies like Google and Amazon by identifying vulnerabilities, developed an upstream security platform called Depi. This platform maps real attack paths in a company's code, addressing his insight that hackers exploit these upstream layers rather than front doors. With existing traction among Fortune 500 clients, including Ledger, the funds will be used for hiring, research, and further product investment, grounded in a strong "hacker culture."

Key takeaway

Bug bounty veteran Roni Carta's Lupin & Holmes secured a \$5.9M pre-seed for Depi, an upstream security platform that proactively maps real attack paths in early code layers. Leveraging Carta's \$800k earnings from FAANG bug bounties, this "hacker culture" approach targets vulnerabilities where breaches typically originate, preventing attacks before they happen. This highlights a critical shift towards deep, proactive defense strategies, offering valuable insights for securing complex AI/ML infrastructure and data.

Topics

Best for: CTO, VP of Engineering/Data, Security Engineer, Entrepreneur, Investor

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Editorial summary, takeaway, and curation by AIssential. Original article published by Tech.eu - Tech.eu.