The fund focuses primarily on early-stage companies (Seed and Series A) and ultimately aims to invest in approximately 20 to 25 enterprises.
Addressing the financing gap in Europe
The investment stems from a clear need: European defense and security technology companies are struggling to attract sufficient capital. At the same time, the need for Europe to strengthen its security, technological position, and economic resilience is growing.
The Keen Venture Partners fund addresses this gap by investing specifically in so-called ‘dual-use’ technologies, which have both civilian and military applications.
Contribution to strategic autonomy and resilience
For Invest-NL, the investment fits within its role as a national financing and development institution. The organization is explicitly broadening its focus towards defense and security to contribute to a resilient society and greater strategic autonomy in Europe.
Additionally, the fund operates with clear ESG and human rights frameworks and a specific assessment process for investments in dual-use technology. Broad consortium of investors
Broad consortium of public and private parties
The fund is supported by a broad consortium of public and private parties, including the European Investment Fund, pension funds, banks, and knowledge institutions. Through this, various parties are joining forces to strengthen the European ecosystem for defense and security technology.
With this investment, Invest-NL aims not only to accelerate innovation but also to contribute to the security and economic strength of the Netherlands and Europe.
