Dutch VC firm Keen Venture Partners receives a €40 million investment commitment from the European Investment Fund (EIF) for its European Defence and Security Tech Fund.
This investment aims to enhance Europe's defence innovation ecosystem in the wake of increasing global tensions and the rising importance of technological sovereignty.
Keen Venture Partners focuses on DeepTech ventures and collaborates with tech entrepreneurs to drive innovation in sectors like cybersecurity, AI, robotics, and space technology.
The investment will support early-stage startups across Europe, particularly in satellite communication protection, space asset defense, and satellite imagery analysis, contributing to modernizing and securing Europe's defense capabilities.