The Dutch Security TechFund (“Fund”), TIIN Capital’s 6th venture capital fund, was launched in December 2018 and focuses on early stage companies and scaleups in the cyber security and IoT Security sectors. Innovative cyber security startups and scaleups are assisted proactively with their go-to-market strategy and internationalization by former entrepreneurs, brought by TIIN Capital, with experience in scaling technology companies. The investors of the Fund are the city of The Hague, the regional investment firm InnovationQuarter, the Ministry of Economic Affairs & Climate Policy (EZ&K) through RVO’s so called seed facility, in addition to a group of informal investors and family offices.
In the upcoming years, the Fund aims to invest € 30 million in cyber security companies. The sector is chosen because of increased legislation, the rapid technological developments, and the high growth in demand for security solutions. The Fund will invest in both startups and in more mature growth-stage companies. By collaborating with the Hague Security Delta and investors such as KPN Ventures and InnovationQuarter, the Fund promotes the exchange of knowledge and expertise and the development of the ecosystem as a whole. The Fund’s ultimate goal is to make society safer by supporting the growth of innovative businesses while providing returns for investors.