Approov Limited, a leader in mobile app and API security, announced on August 4, 2025, the successful closure of a £5 million (US$6.7 million) Series A funding round. Spearheaded by the Investment Fund for Scotland, managed by Maven Capital Partners, the round also included Souter Investments, Lanza techVentures, and Scottish Enterprise. This funding will drive Approov’s mission to secure mobile applications and APIs against AI-driven threats, particularly in light of evolving regulations like the EU Digital Markets Act (DMA) and UK’s Digital Markets, Competition, and Consumers (DMCC) bill.
Funding: £5M (US$6.7M) Series A led by Maven Capital Partners, with Souter Investments, Lanza techVentures, and Scottish Enterprise.
Purpose: Bolster R&D in Edinburgh and expand sales and marketing for global reach.
Technology: Patented app attestation reduces API attacks by over 95%, protecting against tampering, bots, and AI-driven threats.
Industries: Trusted by healthcare, fintech, connected vehicles, and e-commerce sectors.
Regulatory Context: Supports compliance with EU DMA and UK DMCC, enabling secure app distribution outside Apple/Google ecosystems.
Impact: Enhances secure digital engagement across iOS, Android, and HarmonyOS.
Approov’s patented mobile attestation technology offers a cloud-first alternative to traditional code obfuscation, safeguarding apps and APIs against threats like rooted devices, emulators, and credential stuffing bots. “As the threat landscape continues to evolve, developers and enterprises alike are recognizing that mobile app security cannot be an afterthought,” said Ted Miracco, CEO of Approov. The company reports reducing API attacks by over 95%, ensuring secure digital engagement in hostile environments.
The EU DMA and UK DMCC bill are reshaping mobile app ecosystems, encouraging competition beyond Apple and Google’s app store dominance. Approov’s solutions enable developers to distribute apps directly, reclaiming up to 30% of revenues lost to platform fees while maintaining robust security. “Approov delivers essential trust across fragmented platforms, including non-GMS Android and HarmonyOS,” said Dr. Edward Amoroso, CEO of TAG Infosphere and former CISO of AT&T.
The £5M investment will enhance Approov’s R&D team in Edinburgh, focusing on advanced technologies to counter real-time AI-driven threats. Additionally, funds will support sales and marketing efforts to expand into new sectors and markets. “Approov is a leading innovator in mobile app and API security with proven applications in multiple target sectors,” said Craig McGill, Investment Manager at Maven Capital Partners.
The funding round was driven by Approov’s robust intellectual property, trusted by global leaders in healthcare, fintech, connected vehicles, and e-commerce. “This investment validates Approov’s vision of a safer mobile app ecosystem,” said Dr. Lucio Lanza, Chairman of Approov and Founder of Lanza techVentures. The company’s solutions align with the growing mobile Runtime Application Self-Protection (RASP) market, addressing rising incidents of reverse engineering and overlay attacks.
Approov’s Series A funding positions it to lead the next era of mobile security, delivering scalable, cloud-native solutions that ensure secure API access and compliance in an AI-driven, regulation-heavy landscape.
Approov’s app attestation technology has been adopted by major organisations in high-stakes industries, demonstrating its real-world effectiveness. By reducing API attacks by over 95% and preventing bot attacks, man-in-the-middle exploits, and app tampering, Approov is creating a safer digital ecosystem.
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