DTCP launches 500 million Fund for defence and security technologies
DTCP, a global investment management platform headquartered in Hamburg with more than 3 billion euros in assets under management, announced the launch of Project Liberty, its eighth fund. With a target size of 500 million euros, it is the largest privately managed venture capital initiative to date in Europe with a dedicated focus on defence, security, and resilience technologies.
The focus is on the security of Europe
The fund is independently managed by DTCP and targets institutional investors, family offices and corporate investors. Its objective is to support the growth of high-performing European defence and dual-use technology companies and to contribute to Europe’s long-term technological capability and security resilience. While Europe remains the clear investment focus, Project Liberty may also selectively invest in defence and security technologies from NATO member states and close allies where such investments are strategically relevant to European security interests.
DTCP has been investing in IT- and security technologies for more than a decade. Its existing portfolio has a strong focus on cybersecurity and AI companies, including Arctic Wolf, Axonius, Zenity, Anomali and Ox Security. This is complemented by dual-use companies such as the German defence tech unicorn Quantum Systems. With Project Liberty, DTCP is going to invest in companies across series A to C financing stages. The fund plans to make investments in up to 30 companies, with an average size of approximately 20 million euros.
