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MON5 has raised €1.7 million in a funding round led by Primo Capital through its Primo Space fund. The investment includes €1.4 million in new equity and conversions of financial instruments from the SkyDeck Europe and Cloud Accelerator programs.

Other participants include I3P, Open Innovation by Leonardo, and Fit4Start Luxembourg. MON5 provides cybersecurity solutions for industrial operational technology (OT), currently monitoring 95% of industrial protocols in Italy. The funding will enhance development resources and expand commercial operations, particularly in the aerospace sector.