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    Home»Startups»MokN raises €12.9 million to combat credential theft as GV makes its first investment in a French startup
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    MokN raises €12.9 million to combat credential theft as GV makes its first investment in a French startup

    Editor Times FeaturedBy Editor Times FeaturedMay 30, 2026No Comments4 Mins Read
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    MokN, a French cybersecurity startup specialising in safety in opposition to credential theft, has raised €12.9 million ($15 million) in Collection A funding to construct its platform, develop in France and america, and start its enlargement into the UK. 

    The spherical was led by GV (Google Ventures), with participation from DataDog, MokN’s current European buyers Moonfire (UK) and OVNI Capital (FR), and angels. Notably, this marks GV’s first funding in a French startup. In October 2025, the corporate raised €2.6 million in Seed funding led by Moonfire. 

    “The fast adoption by main firms and the outcomes achieved with our first answer have confirmed one factor: this strategy should go additional. At the moment, we’re laying the groundwork for Lively Id Restoration by extending proactive restoration to all types of id, with the ambition of constructing it a brand new international normal for id safety,” mentioned Gautier Bugeon, CEO and co-founder of MokN.

    Based in 2024 by Gautier Bugeon, Antoine Coudoux, Alexis Georges, and Adrien Casteleiro, MokN is a cybersecurity firm specialising in safety in opposition to credential theft. The corporate claims to supply a direct answer to the longstanding situation of credential theft via its distinctive strategy.

    The agency cites ENISA’s Menace Panorama 2025 report, which states that in Europe, phishing stays the first technique of intrusion, accounting for roughly 60% of reported instances. 

    The corporate states that its novel “phish-back” expertise traps attackers and recovers compromised credentials earlier than they’re used or uncovered on the darkish net. MokN works with dozens of enterprises to provide them a head begin in opposition to cybercriminals and fill the hole left by conventional approaches.

    Its first product, Baits, works by deploying ultra-realistic decoy entry factors (comparable to VPN or webmail portals) that faithfully replicate the corporate’s atmosphere. When an attacker makes an attempt to log in, they unwittingly hand over the stolen credentials, permitting safety groups to proactively neutralise the menace.

    Luna Schmid, Associate at GV, mentioned, “We invested in MokN due to Gautier’s founder-market match as a former SOC supervisor and our deep conviction within the workforce’s potential to deal with a vital hole within the cybersecurity market.

    “With their preliminary product, Baits, they’ve developed a complicated wedge that turns the tide on attackers by leveraging high-fidelity decoys to set off speedy, automated restoration workflows. We imagine their strategy is a game-changer for enterprises trying to neutralise credential theft earlier than it might escalate.”

    With the recent funding, the corporate plans to considerably improve its R&D investments to construct a complete platform specialising in id theft safety. By the tip of the yr, the corporate will launch a number of new merchandise: buyer accounts (B2B2C), in addition to stolen cookies and periods. 

    MokN experiences that it protects over 1 million customers throughout giant firms and mid-size firms, together with Fortune World 500 firms. It seeks to ascertain itself as a pioneer in a brand new class referred to as “Lively Id Restoration,” which includes taking a proactive strategy to recovering compromised identities, breaking away from conventional passive strategies comparable to darkish net monitoring.

    Alongside launching its multi-product platform, MokN will undertake an aggressive strategy to hurry up its international enlargement. With the help of its management groups primarily based in Paris and New York, the corporate will strengthen its presence in Europe and throughout the Atlantic. 

    For now, MokN states that its precedence is on enterprise improvement throughout america and opening new markets, beginning with the UK, with the opening of latest workplaces.

    It additional plans to ascertain native groups in every nation. By the tip of 2027, the startup goals to recruit 30 new workers, notably to strengthen the gross sales and advertising, engineering, and buyer success departments.





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