"Thanks to our AI-native underwriting process and integrated, active, and free risk management, we equip and empower insurance brokers with solutions that provide the best possible protection against these dynamic risks. "The new capital will enable us to continue preventing millions in losses for our customers and expand into other European countries.”

https://tech.eu/2025/06/04/baobab-insurance-raises-eur12-million-to-protect-businesses-from-ai-attacks/