Cytix

Investor: Northern Gritstone

Cytix has raised $7m (£5.1m) in a Series A funding round to scale its change risk management platform and address security vulnerabilities in AI-driven software development. Summary of transaction details: Value: $7m (£5.1m) Sector: Software & SaaS Advisor: null Key Entities: Cytix, Northern Gritstone, Auriga Cyber Ventures, NPIF II Location: Manchester, UK Note: This deal highlights the growing importance of cybersecurity in the software development lifecycle and the need for innovative solutions to address security vulnerabilities in AI-driven software development.

Investor: Northern Gritstone

Cytix, a Manchester-based cybersecurity company, has raised £5m in a Series A investment round led by Northern Gritstone.Summary of transaction details:Value: £5mSector: Software & SaaSAdvisor: NoneKey Entities: Cytix, Northern GritstoneLocation: Manchester, UKNote: The investment will help Cytix accelerate the rollout of its change risk platform and grow its team, marking Northern Gritstone's 55th investment since it began investing more than four years ago.

Investor: Praetura Equity Finance, Northern Powerhouse Investment Fund II (NPIF II)