Finnish Startup Test of Things Lands €1.2 Million Pre-Seed to Automate Connected Device Security

Why It Matters

The funding accelerates a scalable solution to a growing IoT security compliance market, reducing costs and risk for manufacturers while supporting stricter European regulations. Faster, automated testing could improve overall cyber‑resilience of critical infrastructure.

Key Takeaways

• Test of Things raised €1.2M (~$1.3M) pre‑seed.
• AI platform automates IoT security testing and compliance.
• Funding backs engineering expansion and faster product rollout.
• EU Cyber Resilience Act drives demand for automated solutions.
• Investors include Vendep Capital, Business Finland, and industry angels.

Pulse Analysis

The explosion of connected devices—from smart home locks to factory‑floor sensors—has outpaced traditional security practices. Most manufacturers still rely on manual penetration testing and bespoke compliance reports, a process that can take weeks and require highly specialized talent. This approach not only inflates costs but also creates bottlenecks that delay time‑to‑market, leaving critical infrastructure exposed to increasingly sophisticated cyber threats.

Regulatory momentum is tightening the noose around insecure products. The EU’s Cyber Resilience Act, slated to impose mandatory security standards and documentation for a broad range of IoT and operational‑technology devices, is driving manufacturers to seek more efficient compliance pathways. Investors recognize this shift; Vendep Capital and Business Finland’s participation signals confidence that an AI‑powered, end‑to‑end testing platform can capture a sizable share of a market projected to grow into the billions as compliance obligations become law.

For device makers, Test of Things’ solution promises a dual advantage: faster product launches and reduced liability. By continuously scanning firmware, flagging vulnerabilities, and auto‑generating regulator‑approved reports, the platform can shrink testing cycles from weeks to days. This not only cuts operational expenses but also builds consumer and partner trust, a competitive differentiator in sectors like healthcare, energy, and manufacturing where security breaches can have catastrophic consequences. As the IoT ecosystem matures, automated compliance will likely become the industry standard, positioning early adopters for sustained growth.