Apate.AI Raises $11.4M Seed

Apate.AI, an Australian cyber intelligence startup, has raised $11.4 million in a Seed funding round. The company develops adversarial conversational AI agents designed to infiltrate fraud networks and protect institutions.

Investors

The funding round was led by Lobby Capital. Additional participants include OIF Ventures, Investible, Concept Ventures, and Baobab Ventures.

Apate.AI Use of Funds

Apate.AI plans to use the capital to support international expansion and further platform development. The company has incorporated in Delaware to facilitate a North American market entry and is opening a London office to serve Europe, while maintaining its research and technology teams in Sydney.

About Apate.AI

Founded by Dali Kaafar and Peter Eckermann, Apate.AI builds armies of voice and text-based conversational AI agents that mimic potential victims. These agents engage with scammers to waste their time and extract real-time intelligence for banks, telecommunications providers, and government entities.

Funding Details

Company Website: https://apate.ai

Company: Apate.AI
Raised: $11.4M
Round: Seed
Funding Date: August 31, 2026
Lead Investor: Lobby Capital
Additional Investors: OIF Ventures, Investible, Concept Ventures, Baobab Ventures
Company Website: https://apate.ai
Software Category: Cybersecurity
Source: https://app.dealroom.co/news/note/apate-ai-raises-11-4m-seed-to-turn-ai-scammers-against-themselves