Tikehau leads ProvenRun’s €15m funding round

ProvenRun is a cybersecurity software company that focuses on automotive, aerospace, defence and the Internet of Things.

  • The series A funding will help accelerate ProvenRun’s product roadmap
  • French Ministry of Defence’s Definvest fund, managed by Bpifrance, took part in the round
  • Tikehau made the investment through its private equity cybersecurity strategy

Tikehau Capital, through its new vintage of Brienne, its flagship private equity cybersecurity strategy, has led a €15 million series A round for ProvenRun. The French Ministry of Defence’s Definvest fund, managed by Bpifrance, also participated in the round.

ProvenRun is a cybersecurity software company that focuses on automotive, aerospace, defence and the Internet of Things. The company is based in Paris.

The series A funding will help accelerate ProvenRun’s product roadmap and its geographic expansion into North America, according to a press release.

Tikehau Capital made the investment through its private equity cybersecurity strategy. The fourth vintage of this strategy recently completed its first close at €200 million.

Tikehau Capital is a global alternative asset management group with €42 billion of assets under management as of September 30. The firm is based in Paris, France.

Bpifrance Investissement is the management company that handles Bpifrance’s equity investments. Bpifrance is a French national investment bank. It is headquartered in Paris.