<ul><li>Berlin-based InsurTech startup Baobab Insurance raises €12 million for cybersecurity insurance.</li><li>Baobab Insurance secured a €12 million Series A financing round led by Viola FinTech and eCapital, along with participation from existing investors and industry professionals.</li><li>The company focuses on active risk mitigation for cyber and digital risks through AI-native underwriting and various risk management solutions.</li><li>Baobab plans to expand its operations, grow its team, strengthen its presence in Germany and Austria, and enter additional EU markets within the next year.</li></ul>

Berlin-based InsurTech startup Baobab Insurance raises €12 million for cybersecurity insurance

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