LiveDrop Raises $2.5 Million to Scale Secure Offline Data Transfer Technology

LiveDrop, a Dutch deep-tech innovator in secure data transfer, has closed an oversubscribed $2.5 million Seed Round to accelerate deployment of its patented offline communication technology. The funding round was led by Value Creation Capital, followed by the Dutch Secfund (funded by the Dutch Ministries of Defence and Economic Affairs and managed by BOM) and UK-based Kadmos Capital. With this investment, LiveDrop will accelerate international expansion and integrate deeper into secure mission systems for NATO-aligned markets. 

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 18 June 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 LiveDrop: "The oversubscription of this round and the involvement of strategic investors confirm the strength of our dual-use vision. We’re ready to scale: fast, secure, and offline.”

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.”

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.

Source & credits Photo: LiveDrop