Approov Limited, a pioneer in mobile app and API security solutions, has raised £5 million (US$6.7 million) in a Series A funding round. The round was led by the Investment Fund for Scotland, managed by Maven Capital Partners, with support from Souter Investments, and existing backers Lanza techVentures and Scottish Enterprise.

As the threat landscape grows increasingly complex driven by artificial intelligence and reinforced by emerging global regulations—mobile ecosystems are facing unprecedented challenges. Approov’s cutting-edge technologies aim to protect apps and APIs across all platforms, including non-GMS Android and HarmonyOS, where conventional security models fall short.

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Fueling Innovation in Mobile and API Security

The newly secured funding will be instrumental in expanding Approov’s R&D team in Edinburgh, furthering the development of advanced technologies to defend against evolving threats, including AI-enabled attacks. At the heart of the company’s offering is a patented app attestation system that ensures mobile apps are shielded from tampering and APIs are protected from fraud and unauthorized use.

“With the cyber threat environment constantly evolving, it’s clear that mobile app security must be built-in, not bolted on. This investment is a critical step in helping us deliver real-time, intelligent protection for mobile apps and their backends,” said Ted Miracco, CEO of Approov.

Rising to Meet Global Regulatory Challenges

This funding arrives at a pivotal moment. Governments around the world are introducing legislation to enhance digital security and promote competition. In Europe, the EU Digital Markets Act and the UK’s Digital Markets, Competition, and Consumers bill are changing the rules of the mobile economy—particularly around how apps are distributed and monetized.

Approov’s solutions empower developers to securely distribute applications outside of traditional app stores, potentially recapturing up to 30% of revenue that would otherwise be lost to app store fees.

“As AI intensifies cyber risks and new laws reshape mobile ecosystems, the need for strong, independent app and API security is more urgent than ever. Approov brings the trust needed to secure fragmented platforms,” noted Dr. Edward Amoroso, CEO of TAG Infosphere and former CISO of AT&T.

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Why Investors Are Backing Approov

A significant factor in this funding round was Approov’s strong intellectual property portfolio. The company’s app attestation system offers real-time API protection, guarding against threats like rooted devices, emulators, tampering frameworks, and credential-stuffing bots.

Approov’s technology is already trusted by global leaders across healthcare, financial services, automotive, and e-commerce, ensuring secure mobile engagement—even in hostile or unregulated environments.

“Approov’s position as a leading innovator, combined with its robust IP and growing market demand for API-level security, makes this an exciting investment. We’re eager to support the team as they scale their solutions globally,” said Craig McGill, Investment Manager at Maven Capital Partners.

Looking Ahead: Scaling for a Secure Digital Future

This funding round underscores investor confidence in Approov’s ability to lead in a rapidly evolving security environment. With AI introducing new vectors of attack and regulators tightening expectations around data privacy and security, Approov is uniquely positioned to meet the moment.

“Our mission is to make the mobile app ecosystem safer,” said Miracco. “This investment not only affirms our vision but enables us to deliver the scalable, robust protections that developers urgently need.”

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Source: businesswire