LiveDrop, a pioneer in secure offline data transfer, today announced the successful closing of an oversubscribed $2.5 million seed round. The round was led by Value Creation Capital, followed by the Dutch SecFund and UK-based Kadmos Capital.
The investment was made possible through the continued commitment of the founders and existing investors including Patronum Investment, who reaffirmed their confidence in LiveDrop’s mission by participating in the round. Their support was complemented by a select group of strategic angel investors, including Cees Links, one of the key initiators of Wi-Fi, bringing valuable industry expertise and networks. The strong interest in this financing round underscores the increasing strategic importance of LiveDrop’s technology, both for national security and broader international applications. The transaction was officially signed on June 18, 2025.
LiveDrop: technology with impact
Founded in 2021 in Eindhoven, LiveDrop develops proprietary technology for fast, secure, and fully offline data transfer using optical encoding. Designed as a dual-use solution, the technology offers particular value to the defense and national security sector, where secure, unidirectional data exchange is critical. LiveDrop’s software-based approach runs on standard hardware, laptops, smartphones, and cameras, and can be seamlessly integrated into mission systems and existing software environments. The twelve-person team focuses on Defense & Security as its primary market, with additional applications in Cybersecurity, Healthcare, and secure end-user devices.
Patrick Moreu, CEO at LiveDrop: "The fact that this round was oversubscribed, and that both existing and new shareholders reaffirmed their commitment, is a powerful validation of our direction. The involvement of Secfund, Value Creation Capital, Kadmos Capital, and Wi-Fi pioneer Cees Links confirms the strength of our dual-use strategy and opens doors to broader deployment in NATO countries and beyond.”
These strategic investors are playing a key role in supporting LiveDrop’s growth, especially in the defense sector. Secfund, initiated by the Regional Development Agencies, Dutch Ministries of Defense and Economic Affairs, has chosen LiveDrop as investment, highlighting the technology’s relevance for national security. The management of this fund with national coverage is assigned to the Brabant Development Agency (BOM) on behalf of the regional development agencies.
Ernst Coolen, Investment Director at SecFund: “We are pleased that Secfund can contribute to the growth and the ambitions of LiveDrop. The technology has a strong link to the defense domain and can be applied in other markets as well, therefore it fits perfectly within the investment scope and supports the fund's objectives.”
Value Creation Capital, a Dutch deep tech investor with deep expertise in cybersecurity and defense, brings valuable industry knowledge and a strong network in the high-tech sector. With the addition of UK-based deep tech fund Kadmos Capital, which focuses on dual-use technologies, LiveDrop is also securing international support. This marks an important step in expanding beyond the Netherlands and building momentum in European and NATO-aligned markets. Together, these investors bring more than just funding, they offer strategic guidance, market access, and deep sector experience to help LiveDrop scale in critical environments.
Ronald Wissink, Managing Partner at Value Creation Capital: “We believe LiveDrop’s groundbreaking technology will become a vital and additional asset for secure data transfer across Defence, Cybersecurity, and Healthcare sectors. We’re proud to support LiveDrop’s experienced team as they scale and expand their impact.”
Remy Kesrouani, General Partner at Kadmos Capital: ‘LiveDrop exemplifies the best of European deeptech: a highly diPerentiated technology, exceptional technical talent, and an ambitious founding team we’ve known and backed across previous ventures. Their mission -to strengthen NATO national security and defense -is both critical and compelling. We’re proud to support them on this journey.”
Early-stage support laid the foundation In its early years,
LiveDrop was supported by Rabobank and the Brabant Startup Fund, and through several grants. This foundational support enabled the company’s current acceleration in scaling, standardization, and international expansion. With the proceeds from this investment round, LiveDrop will further scale its technology within defense, government, and civilian sectors. The company is preparing for accelerated international deployment and deeper integration into existing secure data ecosystems
