New Venture Capital fund in Europe focused on security technologies: Spuukie Venture Partners

We just heard the rumor that a new venture capital fund is currently fundraising for a pure-security technology fund: Spuukie Venture Partners [spooky]

This new fund is established by industry veterans who aim to invest in early stage companies, typically in Series-A rounds, worth $500K - $2m. While no geographic restrictions apply, the fund's partners mentioned to us that they will concentrate initially on the European countries and Asia as the VC/funding infrastructure in the USA is already highly developed for security start-ups, with VC funds as Paladin, NovakBiddle and In-Q-Tel.

Will keep you up-to-date with any news we hear about "Spuukie Venture Partners" also let us know if you know more than us about it. One thing is for sure, starting a security startup in Europe is going to get more excited now!

GSC announces the 5 most promising security start-ups in the world

Security technology start-ups from all over the world entered this year's competition. After tough judging rounds in Singapore, Munich and Washington DC the top-5 finalists were selected by independent judges from academia, government, industry and venture capital. They are now competing at our Grand Final on Nov 8th in London for the $500,000 grant award that is sponsored by TSWG of the U.S. Government.


The 5 Most Promising Security Start-ups in the World:

• Auxetix from England – creates an advanced material that protects individuals from explosions.
• Eyemarker from USA – scans user's eyes to assess their health.
• NoblePeak Vision from USA – detects and identifies objects in poorly illuminated environments.
• Psylock from Germany – identifies users via the rhythms of their keyboard typing behavior.
• XID Technology from Singapore – predicts and creates a three-dimensional model of a person’s face from a two-dimensional video image.

Join us in London on November 8th for the Grand Final of the Global Security Challenge to see these technologists present their ideas to the audience and our judging committee.