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European Investment Fund Invests €20M in TIN Capital’s Cybersecurity Fund

European Investment Fund Invests €20M in TIN Capital’s Cybersecurity Fund, TheRecursive.com
Image credit: Michael Lucassen, Managing Partner at TIN Capital
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The European Investment Fund (EIF) has invested €20 million in TIN Capital’s European Cyber Tech Fund V, aiming to reinforce the fund’s position as a leading backer of European cybersecurity scale-ups. The EIF’s cornerstone investment is supported by Invest-NL, which has increased its commitment following its earlier participation.

In addition to these institutional investors, the fund also includes participation from regional investment funds, family offices, and entrepreneurs from Europe’s cybersecurity ecosystem.

Fund reaches €80 million closing under InvestEU Programme

With EIF’s participation, supported under the European Commission’s InvestEU programme, TIN Capital’s European Cyber Tech Fund V has reached a final closing of over €80 million. This provides the fund with substantial capacity to invest in promising European cybersecurity companies that are ready to scale globally.

“Through the EIF’s investment in TIN Capital’s Cybersecurity Fund, we help strengthen Europe’s resilience and its ability to protect critical digital infrastructure and systems,” said Robert de Groot, EIB Group Vice-President.

Mission: Building a safer and more autonomous Europe

The involvement of EIF and Invest-NL highlights TIN Capital’s mission to strengthen Europe’s digital resilience and autonomy. The need for this has become more pressing amid geopolitical uncertainties and the introduction of key EU cybersecurity regulations, including the NIS2 Directive, Cybersecurity Act (CSA), and Digital Operational Resilience Act (DORA).

“Cybersecurity is no longer a luxury; it is an absolute necessity for Europe’s economic and societal stability,” said Michael Lucassen, Managing Partner at TIN Capital.“Together with the EIF and our other investors, we are building European champions capable of competing with the world’s leading players.”

With EIF’s participation, which is supported under the European Commission’s InvestEU programme, the fund has achieved a final closing of over €80 million.

Strategic investments driving European cybersecurity leadership

Since its first closing, the European Cyber Tech Fund V has made several strategic investments contributing to Europe’s cybersecurity strength. These include:

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➡️ A company using advanced datasets to provide critical insights for the economic and national security of NATO countries.

➡️ Firms improving software supply chain and cloud infrastructure security.

➡️ Startups enhancing privacy technology, enabling safe data sharing and storage for analytics.

AI plays a key role across many of these solutions, driving efficiency, scalability, and impact.

“Cybersecurity is essential to provide a safe and protected digital landscape for citizens and businesses,” added Cecilia Thorfinn, Acting Head of Representation of the European Commission in the Netherlands. “By supporting TIN Capital’s Cybersecurity Fund via InvestEU, we take another step to ensure Europe remains an attractive place for businesses to settle and thrive.”

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https://therecursive.com/author/teodoraatanasova/

Teodora Atanasova is a News Editor at The Recursive. She covers everything around funding rounds, exits, startups expanding to international markets, big tech opening R&D in CEE, meaningful for the ecosystem partnerships.