Approov Closes £5M Series A Funding to Redefine Mobile App Security for the AI Era in Round Led by Maven Capital Partners

EDINBURGH, Scotland & PALO ALTO, Calif.--(BUSINESS WIRE)--Aug 4, 2025--

Approov Limited, a leading innovator in mobile app and API security, has successfully closed a £5 million (US$ 6.7 million) Series A funding round. The investment, spearheaded by the Investment Fund for Scotland, managed by Maven Capital Partners (“Maven”), also saw participation from Souter Investments, and existing investors Lanza techVentures and Scottish Enterprise.

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This funding milestone enables Approov to bolster its Research & Development team in Edinburgh, driving the creation of advanced technologies to secure mobile applications and APIs against evolving threats in real time, including those powered by AI. The company’s patented app attestation solutions protect apps from tampering and fraudulent API access, offering a critical defense in today’s rapidly shifting cyber threat landscape​​.

“As the threat landscape continues to evolve, developers and enterprises alike are recognizing that mobile app security cannot be an afterthought. This funding marks a pivotal moment in our mission to ensure that every mobile app instance is authenticated and that backend APIs are protected from fraud, abuse, and unauthorized access.”

— Ted Miracco, CEO of Approov

Addressing Mobile Security Amid Global Regulatory Shifts

The timing of this investment is particularly significant as global regulatory landscapes are undergoing transformative changes. The EU’s Digital Markets Act (DMA) and the Digital Markets, Competition, and Consumers (DMCC) bill are reshaping the mobile app ecosystem, paving the way for competition beyond the app store duopolies controlled by Apple and Google​. Approov's technologies empower developers to securely distribute apps directly to consumers, bypassing traditional gatekeepers and reclaiming up to 30% of revenues typically lost to platform fees​.

“As mobile ecosystems face AI-driven threats and new regulations like the EU Digital Markets Act and UK consumer laws, the need for strong, independent app and API security is urgent. Approov delivers essential trust across fragmented platforms, including non-GMS Android and HarmonyOS. Maven Capital Partners’ investment reflects growing recognition that API protection—across any device or OS—is key to securing digital infrastructure in this new cyber risk era.”

— Dr. Edward Amoroso, CEO, TAG Infosphere; Former Chief Information Security Officer, AT&T

Key Driver in This Investment Round Was Approov Intellectual Property

Approov’s patented solution provides real-time app attestation and runtime API protection, preventing exploits from tools such as rooted devices, emulators, app tampering frameworks, and credential stuffing bots. Trusted by global customers in healthcare, fintech, connected vehicles, and e-commerce, Approov helps ensure secure digital engagement even in the most hostile environments.

“Approov is a leading innovator in mobile app and API security with proven applications in multiple target sectors. With their strong IP and the growing demand for API-level defences across the industry, the business is uniquely positioned to lead this next era of mobile security. We look forward to working with Ted and the team to drive the business forward at such an exciting point in the company’s growth journey.”

— Craig McGill, Investment Manager, Maven Capital Partners, UK, LLC.

“This investment validates Approov’s vision of a safer mobile app ecosystem. With increasing cyber risks driven by AI, Approov solutions provide the robust, scalable security mobile developers need to protect their applications and API communications. We are grateful for the confidence our investors have shown and are excited about the opportunity to expand our footprint in this critical market.”

— Dr. Lucio Lanza, Chairman, Approov Limited and Founder Lanza techVentures

About Approov:

Approov’s app attestation technology has been adopted by major organisations in high-stakes industries, demonstrating its real-world effectiveness. By reducing API attacks by over 95% and preventing bot attacks, man-in-the-middle exploits, and app tampering, Approov is creating a safer digital ecosystem.

For more information about Approov’s mobile security solutions, please visit www.approov.io.

ABOUT MAVEN CAPITAL PARTNERS LLPwww.mavencp.com

Maven (a subsidiary of Mattioli Woods plc) is a leading private equity house focused on the provision of flexible funding for high growth businesses, and one of the most active SME investors in the UK. Headquartered in Glasgow, and with offices throughout the UK, Maven has over 100 investment and support professionals providing a truly nationwide coverage. Maven has over £790 million funds under management and available to invest, and manages assets for a variety of client funds, including Venture Capital Trusts, MBO Fund, UK regional fund mandates, and Maven Investor Partners, a syndicate of institutional, family office and experienced investors.

ABOUT THE INVESTMENT FUND FOR SCOTLAND

 

Iain McCready, Chief Operating Officer of Approov Limited, Craig McGill, Investment Manager with Maven Capital Partners, and Jae Hossell, Chief Technology Officer of Approov Limited. The key driver in this investment round was Approov’s intellectual property, which is trusted by global customers in healthcare, fintech, connected vehicles, and e-commerce. Approov helps ensure secure digital engagement even in the most hostile environments.

JOHANNESBURG (AP) — Torrential rains and flooding have killed more than 100 people in South Africa, Mozambique and Zimbabwe, and authorities warned Friday that more severe weather was expected across several countries in southern Africa.

South Africa has reported at least 19 deaths in two of its northern provinces following heavy rains that began last month and led to severe flooding.

Tourists and staff members were evacuated this week by helicopter from flooded camps to other areas in the renowned Kruger National Park, which is closed to visitors while parts of it are inaccessible because of washed out roads and bridges, South Africa's national parks agency said.

In neighboring Mozambique, the Institute for Disaster Management and Risk Reduction said 103 people had died in an unusually severe rainy season since late last year. Those deaths were from various causes including electrocution from lightning strikes, drowning in floods, infrastructure collapse caused by the severe weather and cholera, the institute said.

The worst flooding in Mozambique has been in the central and southern regions, where more than 200,000 people have been affected, thousands of homes have been damaged, while tens of thousands face evacuation, the World Food Program said.

Zimbabwe’s disaster management agency said that 70 people have died and more than 1,000 homes have been destroyed in heavy rains since the beginning of the year, while infrastructure including schools, roads and bridges collapsed.

Flooding has also hit the island nation of Madagascar off the coast of Africa as well as Malawi and Zambia. Authorities in Madagascar said 11 people died in floods since late November.

The United States' Famine Early Warning System said flooding was reported or expected in at least seven southern African nations, possibly due to the presence of the La Nina weather phenomenon that can bring heavy rains to parts of southeastern Africa.

South African President Cyril Ramaphosa visited flood-stricken areas in the northern Limpopo province on Thursday and said that region had received around 400 millimeters (more than 15 inches) of rain in less than a week. He said that in one district he visited “there are 36 houses that have just been wiped away from the face of the Earth. Everything is gone ... the roofs, the walls, the fences, everything.”

The flooding occurred in the Limpopo and Mpumalanaga provinces in the north, and the South African Weather Service issued a red-level 10 alert for parts of the country for Friday, warning of more heavy rain and flooding that poses a threat to lives and could cause widespread infrastructure damage.

The huge Kruger wildlife park, which covers some 22,000 square kilometers (7,722 square miles) across the Limpopo and Mpumalanga provinces, has been impacted by severe flooding and around 600 tourists and staff members have been evacuated from camps to high-lying areas in the park, Kruger National Park spokesperson Reynold Thakhuli said.

He couldn't immediately say how many people there were in the park, which has been closed to visitors after several rivers burst their banks and flooded camps, restaurants and other areas. The parks agency said precautions were being taken and no deaths or injuries had been reported at Kruger.

The South African army sent helicopters to rescue other people trapped on the roofs of their houses or in trees in northern parts of the country, it said. An army helicopter also rescued border post officers and police officers stranded at a flooded checkpoint on the South Africa-Zimbabwe border.

Southern Africa has experienced a series of extreme weather events in recent years, including devastating cyclones and a scorching drought that caused a food crisis in parts of a region that often suffers food shortages.

The World Food Program said more than 70,000 hectares (about 173,000 acres) of crops in Mozambique, including staples such as rice and corn, have been waterlogged in the current flooding, worsening food insecurity for thousands of small-scale farmers who rely on their harvests for food.

Imray reported from Cape Town, South Africa. AP writers Charles Mangwiro in Maputo, Mozambique, and Farai Mutsaka in Harare, Zimbabwe, contributed to this report.

AP Africa news: https://apnews.com/hub/africa

This image made from video shows the scene after flooding in Tete Province, Mozambique, Thursday, Jan. 15, 2026. (AP Photo)

This image made from video shows the scene after flooding in Tete Province, Mozambique, Thursday, Jan. 15, 2026. (AP Photo)

This image made from video shows the scene after flooding in Tete Province, Mozambique, Thursday, Jan. 15, 2026. (AP Photo)