TGS Baltic has advised Superhero Capital on leading a EUR 2.5 million investment round for Cyber Upgrade with Specialist VC, Firstpick, NGL Ventures, and angel investors Marios S. Kalochoritis and Sergei Anikin also participating. Noor reportedly advised on the round as well.
Superhero Capital focuses on seed to early-stage investments in software, information technology, and internet sectors, with a geographical focus on Finland and the Baltics.
According to TGS Baltic, the funds will be used to enhance Cyber Upgrade’s AI system, aiming to achieve fully autonomous operation without human oversight. Offered as a subscription service, the tool seeks to make high-level cybersecurity accessible to businesses of all sizes.
The TGS Baltic team included Senior Associate Paulius Dabulskis, Associates Violeta Maciulyte and Aurelija Gamulka, Junior Associate Viktorija Janciuraite, and Legal Assistant Meda Stankute.
