Amsterdam-based VC firm TIN Capital has raised an additional €15 million for its Cyber Tech Fund V, as Vestbee was told. Public investors backing this round include Invest-NL, InnovationQuarter, and ROM Regio Utrecht.
- Established in 1998 by Maarten Derks and Michael Lucassen, TIN Capital is a venture capital firm focused on cybersecurity and advanced security technologies across Europe.
- The firm's portfolio includes leading companies such as BreachLock, Eye Security, EGERIE, SignPath, and EclecticIQ.
- Cyber Tech Fund V was launched in 2023 as a €100 million fund aimed at investing in 12 European cybersecurity scaleups/ As of now, its target size has been reduced to over €80 million.
- The fresh fund received support from public investors Invest-NL, InnovationQuarter, and ROM Regio Utrecht, as well as several private investors and family offices in the Netherlands.
- This additional funding will focus on supporting companies at the A/B-round stages with scalable technologies, strong intellectual property, and the potential to expand globally.
“We are delighted with the trust of these Dutch investors. With our second cybersecurity fund, we are building on the success of our first, which supported several promising European cybersecurity companies. The Netherlands can take a leading role in making Europe more secure and in building strong European cybersecurity champions," explains Michael Lucassen of TIN Capital.
