Equixly Raises €10M for API Security

In December 2025, the Italian cybersecurity startup Equixly raised €10 million in a Series A funding round. The investment was led by 33N Ventures, with participation from Alpha Intelligence Capital, JME Ventures, and 360 Capital.

The company is led by CEO Mattia Dalla Piazza and co-founder Alessio Dalla Piazza. Equixly is modernizing penetration testing with “Agentic AI Hackers.”

Traditional API security tools typically rely on passive scanning, which often misses complex logic flaws (e.g., “Broken Object Level Authorization” or BOLA). Equixly addresses this gap by deploying autonomous AI agents that act like human ethical hackers. These agents actively probe API endpoints, learn the business logic, and simulate sophisticated multi-step attacks to uncover vulnerabilities before malicious actors do. This allows DevOps teams to integrate “offensive security” directly into their CI/CD pipelines without slowing down release cycles.

The new capital will be used to advance its proprietary AI attack models and expand its commercial presence across Europe and the UK.

Market Signal

• From Scanning to Acting: This round validates the shift from “Vulnerability Scanning” (passive/static) to “Automated Penetration Testing” (active/dynamic). CISOs are realizing that static scanners generate too much noise, while Agentic AI offers actionable, proof-of-concept exploit paths.
• The “Shadow API” Crisis: As microservices explode, companies have lost track of their digital footprint. Equixly’s ability to discover and test “Zombie” or “Shadow” APIs addresses a massive compliance blind spot that traditional WAFs (Firewalls) cannot see.
• European Cyber Sovereignity: The backing by 33N Ventures (specialized European Cyber VC) highlights the continent’s push to build its own defensive AI infrastructure, reducing reliance on US/Israeli heavyweights like **Salt Security** or **Noname Security** (acquired by Akamai).

Key Details

• Company: Equixly
• Funding: €10M Series A
• Headquarters: Verona, Italy
• Lead Investor: 33N Ventures
• Founders: Mattia Dalla Piazza (CEO), Alessio Dalla Piazza
• Use Case: Agentic API security and automated penetration testing