NeuralTrust
NeuralTrust is a Barcelona-based AI security startup that builds a Generative Application Firewall and agent-permissioning controls to protect enterprise LLM deployments from prompt injection, data leakage, and unauthorized API use.
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NeuralTrust, founded in 2022 in Barcelona, builds security infrastructure specifically for enterprises deploying large language models and AI agents. Its core product is a Generative Application Firewall (GAF) that sits in front of LLM traffic, inspecting and sanitizing prompts and responses to block threats like prompt injection, jailbreak attempts, and sensitive-data exfiltration before they reach or leave the model. Around that firewall, the company layers security agents that enforce permission boundaries on what an AI agent is allowed to do, plus tracing and analytics tooling so security teams can monitor AI behavior and produce compliance evidence rather than treating LLM traffic as a black box.
In June 2026, NeuralTrust raised a $20 million seed round led by German investor Alstin Capital, with participation from VentureFriends, Seaya, Kibo Ventures, Banc Sabadell, Plug and Play’s EA Ventures fund, and IESE Business School’s Finaves fund, plus non-dilutive backing from the European Innovation Council and Spain’s state research agency (AEI). Multiple outlets, including the company’s own announcement and independent coverage from EU-Startups and SiliconANGLE-adjacent press, describe this as the largest cybersecurity seed round raised by an EU company to date — a notable claim given it is a seed round rather than a later-stage raise, and one that should be read as a European-market superlative rather than a global one.
The operating thesis is straightforward: as enterprises move from experimenting with chatbots to deploying autonomous AI agents with real permissions and API access, the attack surface shifts from ‘can a user jailbreak the chatbot’ to ‘can an agent be manipulated into taking an unauthorized action with real consequences.’ NeuralTrust’s product bet is that this requires purpose-built inline controls rather than retrofitting a traditional web application firewall or API gateway to understand LLM-specific threats.
Innovation Matrix Assessment
Founded in 2022, NeuralTrust has already shipped a multi-component product (GAF, agent security controls, tracing/analytics) and won startup-competition recognition (South Summit Madrid 2025) ahead of a large seed raise, indicating fast product build-out for a four-year-old company.
At roughly 11-50 employees, the company is early-stage and has not yet demonstrated operating at large enterprise scale; the recent seed round gives runway but the team size limits how much can be independently verified about production-grade reliability at this point.
The $20M seed round (June 2026), led by Alstin Capital with a notably broad investor syndicate plus EU/Spanish public research funding, is independently confirmed across more than half a dozen outlets (PR Newswire, EU-Startups, Morningstar, TheSaaSNews) and is described as the largest EU cybersecurity seed round to date.
Purpose-built inline firewalls and permission-enforcement layers for LLM/agent traffic are a meaningfully different approach than retrofitting a legacy WAF or API gateway, addressing failure modes (prompt injection, agent-permission abuse) that traditional network security tooling was not designed to catch.
No independent red-team evaluation, MITRE-style benchmark, or named enterprise case study with measurable outcomes was found; efficacy evidence at this stage rests on the company's own product descriptions and industry-award recognition rather than third-party validation.
As enterprises move from LLM chatbots to autonomous agents with real system permissions, inline controls that can block prompt injection and unauthorized agent actions address a rapidly growing and currently under-served part of the AI security stack that most CISOs are actively building policy around right now.
Why CISOs Should Care
Security teams standing up enterprise AI agents need a way to enforce that an agent cannot be manipulated into taking unauthorized actions or leaking data through prompt injection; NeuralTrust's GAF and agent-permissioning layer are built specifically for that gap rather than being a general-purpose API security tool relabeled for AI.
What Makes It Different
NeuralTrust is purpose-built for LLM and AI-agent traffic (prompt-level inspection, agent permission enforcement, AI-specific tracing) rather than a traditional WAF or API gateway extended to cover AI use cases.
The Matrix Verdict
65/100 — INCREMENTAL INNOVATOR
A fast-moving, well-funded early-stage AI security vendor addressing a genuinely growing problem, with strong momentum signals (a record EU seed round) but efficacy claims that still need independent, named-customer validation before they can be taken as proven at enterprise scale.
Editorial Note: Claims vs. Verified Findings
Independently verified: the $20M seed round, lead investor (Alstin Capital), and full investor syndicate are consistently reported across at least six independent outlets (PR Newswire, EU-Startups, Morningstar, TheSaaSNews, Vestbee, TechCompanyNews) as a SEED round -- not a Series A, despite one early informal reference to 'Series A' positioning in unrelated coverage of SpiceDB-adjacent AI security trends; all funding-specific sources agree on 'seed.' Unverified/vendor-sourced: specific product efficacy claims (blocking rates, detection accuracy) were not found in independent testing and come only from company materials.
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