Funding record · 2026 / 02

MON5 raises $1.66M Seed for cyber-physical security
Announced 10 February 2026 · Recorded 8 September 2026 · Last verified 8 September 2026
MON5, a cyber-physical security company based in Bologna, Italy, raised $1.66M in a Seed announced on 10 February 2026, led by Primo Capital and Forward Factory. Its disclosed equity funding is now $1.66M across 2 rounds.
- Amount
- $1.66M
- Round
- Seed
- Announced
- 10 February 2026
- Lead investors
- Primo Capital, Forward Factory
- Sources on record
- 1startupbusiness.it
From the source
MON5 raises €1.7M for industrial OT cybersecurity platform
Italian cybersecurity startup MON5, specializing in vertical cybersecurity solutions for industrial operational technology (OT) environments, has closed a funding round worth €1.7 million to advance its industrial cybersecurity solutions and accelerate growth.
startupbusiness.it · 10 February 2026 ↗The Mandos read
What the record says about MON5
- 7 employeeslocked →
history and breakdowns in the platform
- Exit Readiness: Lowlocked →
Tested against 751 past exits in the Mandos record: 43% sat in Watch or Elevated 2 years before. Companies in Elevated exited at 3.1× the record's rate.
Funding history
MON5 funding on record
MON5 has raised $1.66M in priced equity, plus $53.4K non-dilutive & grants. Its most recent round was a Seed in February 2026.
Latest round on record: Seed, Feb 2026.
MON5 funding on the profile →In the platform
The round is the fact. The read is the product.
Every round, investor and correction for MON5, the competitors buyers weigh it against, hiring by department, and an alert when the next thing happens.
The same record answers in Claude, ChatGPT and Cursor through the Mandos MCP server.
The Mandos Brief
Cybersecurity funding, deals and moves, every Monday.
FAQ
Questions people ask
- How much did MON5 raise in its Seed?
- MON5 raised $1.66M in a Seed announced on 10 February 2026.
- Who invested in MON5's Seed?
- The round was led by Primo Capital, Forward Factory.
- What does MON5 do?
- MON5 is a cybersecurity company specializing in Cyber-Physical Security, founded in 2022 and headquartered in Bologna, Italy.











