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CanaryBit logotype.

CanaryBit enables sensitive data to be analyzed by a third party without disclosing the contents of said data in plain text. This is done by using advanced platform security mechanisms implemented using a unique combination of cryptography, state-of-the-art software, and modern commodity hardware.

CanaryBit uses a combination of cryptographic functions and hardware security to establish trust between collaborating businesses and organisations. This will automate digital trust, replacing manual agreements when exchanging and analyzing data. This enables new business models where CanaryBit will play an integral part as a digitally blind broker of data and analytic services.

CanaryBit website



A cybersecurity company enabling serene collaboration among businesses and organizations, protecting their digital assets with open-source solutions.

Founded by Nicolae Paladi and Stefano Cucchiella.

Portfolio company since 2021.


Portfolio Manager LU Holding:

erik [dot] larsson [at] innovation [dot] lu [dot] se (Erik Larsson), phone +46 76 771 88 66