Formalize raises €30M to advance compliance solutions across Europe
Copenhagen-based Formalize has raised €30 million in a Series B co-led by Acton Capital and Blackfin Tech, with participation from West Hill Capital and CIBC Innovation Banking. The company has raised €50 million to date.Across Europe, organisations face an increasingly complex, interconnected regulatory landscape, with evolving rules reshaping expectations for information security, resilience, and reporting across industries and regions. Formalize, addresses this with a single platform that…