Invest-NL invests €10 million in European Defence & Security Tech Fund

Invest-NL committed €10 million to the European Defence & Security Tech Fund managed by Keen Venture Partners, targeting early-stage European companies developing dual-use technologies for both civilian and defense applications. The fund focuses on sectors including artificial intelligence, cybersecurity, detection technology, robotics, and space exploration, addressing Europe's strategic autonomy and security challenges. Invest-NL's investment aligns with its expanded mandate to support resilience and innovation ecosystems in the Netherlands and Europe. The fund plans to invest in 20-25 European technology companies primarily at Seed and Series A stages, providing critical growth capital. Backed by institutional investors such as the European Investment Fund, pension fund PME, a.s.r., ABN AMRO, TNO, and LIOF, the initiative aims to bridge Europe's funding gap for defense and security technologies.

Counterparts (3)

Investor

Invest-NL

company · 2 deals

Invest-NL is the Dutch impact investor, established by the Dutch government in 2020. Its mission is to make the Netherlands more sustainable and innovative by providing financing and advice to companies and projects that are difficult to finance through commercial banks alone, focusing on areas like energy transition, circular economy, sustainable agriculture, and deep tech.

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European Defence & Security Tech Fund (Keen Venture Partners)

company · 1 deals

manager

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Keen Venture Partners

company · 1 deals