InternationalTrade

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Awen Collective secures investment round led by Dutch Security TechFund

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Caerphilly (Wales, UK)/ Naarden (NL), 4th March 2021 - Dutch Security TechFund, managed by TIIN Capital, has led the third investment round in Awen Collective Ltd. Other investors are SFC Capital and two strategic angel investors from the UK. It is the joint mission of Awen Collective and Dutch Security TechFund to make society safer. For Awen Collective this means creating software to increase the cyber resiliency of Critical National Infrastructure and Manufacturing. Dutch Security TechFund aims to support and invest in businesses which advance this mission.

Read the full press release in Dutch and English here [PDF]

Read the blog post on the TIIN Capital Website (in Dutch)
(TIIN Capital are the managers of the Dutch Security TechFund)

To summarise the investors in this round are:

  • The Dutch Security TechFund (managed by TIIN Capital) - lead investor

  • SFC EIS Fund and the SFC BBI Fund (managed by SFC Capital) - follow-on funding from their 2019 SEIS investment in us!

  • Paul Dennis (an experienced executive from the industrial automation industry)

  • Paul Rix (an experienced process engineer from the industrial automation industry)

The press release also includes a quote from the Deputy British Ambassador to The Netherlands, Lucy Ferguson, and a quote from Philip Meijer of InnovationQuarter.

Awen Collective wishes to thank all the investors, the British Embassy in The Hague, InnovationQuarter, Lime Advisory and Acuity Law for all their help during this investment round and going forward.

Awen goes to the USA

 
 

As part of the prestigious Tech Nation Cyber programme (1st cohort), Awen took the opportunity to visit the USA in the week commencing the 2nd of September 2019.

Our CTO, Jules Farrow, attended the trip, with various others from the Tech Nation Cyber cohort. The trip included:

It was a great week, where we built new business connections and further explored the possibilities afforded by expansion into the Americas.

If you’re local to South Wales too and would like to learn more about our experience with Tech Nation Cyber and our learnings on the US market, we’ll be recounting some tales at the South Wales Cyber Cluster September Meeting on Tuesday 17th, come and join us!