<ul><li>French cyber insurance startup Stoïk has raised $27 million in a Series B funding round.</li><li>Stoïk offers cyber insurance products specifically designed for small and medium-sized businesses in Europe.</li><li>The company provides coverage for cybersecurity-related claims, including compensating for loss of revenue during cyber incidents.</li><li>Stoïk plans to expand into new European markets and aims to have 5,000 policyholders by the end of 2024.</li></ul>

European cyber insurance startup Stoïk secures $27 million

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