SEB and CybExer Partner for Venture Debt Investment

The SEB Baltic Venture Debt program has made its first investment in the Estonian technology company CybExer Technologies, which provides advanced cybersecurity testing and training solutions to organizations worldwide.

CybExer Technologies is a category leader in cyber preparedness, specializing in advanced cyber ranges and AI-driven solutions to train and assess security and IT teams globally. With a strong focus on innovation and growth, CybExer became the first recipient of SEB Baltic Venture Debt, reflecting its trusted role in enhancing cybersecurity resilience worldwide.

“We were impressed by the scale of the projects CybExer is performing and the world-renowned names on their client list. After interviewing CybExer’s international customers, it became clear that the company stands out in its industry, and CybExer’s Cyber Range service is one of the best globally. We are pleased to have such a high-profile partner for our first venture debt investment,” said SEB board member Ainar Leppänen.

“We are excited to be one of the first companies to receive the SEB Baltic Venture Debt. Over the past few years, we have demonstrated steady growth, and this financing allows us to accelerate our progress even further. We believe this marks the beginning of a great collaboration between SEB and CybExer Technologies,” said Andrus Kivisaar, CEO of CybExer Technologies.

SEB's innovative financing program, Baltic Venture Debt, launched this spring, enables growth companies to raise funding without relinquishing their shareholding. The total volume of the program in Estonia and the Baltics is 20 million euros, with financing of up to 2 million euros available per company. The technology company CybExer is the first to receive financing under this initiative. SEB partnered with Nasdaq Baltic CSD in Estonia and Ellex Raidla for this deal.


Additional information:

Maarja Lumiste
kommunikatsioonijuht
erakliendi valdkond
SEB Pank
mobiil +372 56631925
aadress Tornimäe 2, 15010 Tallinn
e-meili aadress maarja.lumiste@seb.ee