Eindhoven-based LiveDrop, specializing in secure offline data transfer, has raised €2.1M in a seed round led by Value Creation Capital and supported by Secfund and Kadmos Capital.
Value Creation Capital, a deep-tech investor in cybersecurity and defense, emphasizes LiveDrop's potential impact on data transfer across sectors like Defense, Cybersecurity, and Healthcare.
Existing investors like Patronum Investment and angel investors, including industry veteran Cees Links, also participated in the funding round.
The oversubscribed round reflects confidence in LiveDrop's direction and dual-use strategy, enabling broader deployment in NATO-aligned markets.
The funds will be used to expand LiveDrop's technology within defense, government, and civilian domains, facilitating international deployment and integration.
LiveDrop, founded in 2021 by Patrick Moreu, focuses on secure offline data transfer using optical encoding, serving Defense & Security with applications in Cybersecurity and Healthcare.