# Palitronica

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/palitronica

- Industry: IT Security/Cybersecurity
- Headquarters: Waterloo, Canada
- Website: www.palitronica.com
- Latest round: Series A (Aug 11, 2026)
- Investors on record: 4

## About

Based in Ontario, Canada, and founded in 2019 by Carlos Moreno and Sebastian Fischmeister, Palitronica Inc., a spin-out from the University of Waterloo's Real-time Embedded Software Lab., operates as a provider of cybersecurity services for critical infrastructure and associated supply chains. The firm offers its services to customers in the defense, energy, communications, transportation, and healthcare sectors. In August 2026, Palitronica Inc. raised an undisclosed amount of series A funding led by BDC Capital, with participation from Three Kings Capital, Frostbite Capital, and Unpopular Ventures. As part of the transaction, Sebastian Fischmeister and Matthew Monteyne will assume the roles of CEO and CSO in the company, respectively.



The firm detects ransomware attacks in established critical systems and offers hardware and software tampering to provide cybersecurity at earlier stages before they reach a critical point. The firm employs its proprietary side-channel mechanism to offer non-intrusive cybersecurity from constant attacks including nation-states, cybercrime gangs, and malicious insiders for both immediate and comprehensive protection of systems.

## Funding rounds

- Series A, Aug 11, 2026 — BDC Capital, Three Kings Capital, Unpopular Ventures, Frostbite Capital

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A
- Three Kings Capital (https://capitalatlas.ai/funds/three-kings-capital) — Series A
- Unpopular Ventures (https://capitalatlas.ai/funds/unpopular-ventures) — Series A
- Frostbite Capital (https://capitalatlas.ai/funds/frostbite-capital) — Series A