Security of Things fund invests in facial recognition startup 20face

Security of Things fund (managed by Value Creation Capital) just announced its investment in glimpse facial recognition startup 20face. Golden Egg Check’s Thomas Mensink is a startup scout for the Security of Things fund and sourced this deal for the fund.

20face was founded in 2017 as an innovative spin-off of the University of Twente that created its own technology platform & software to provide facial identification. We know the 20face team from the entrepreneurial ecosystem in Twente and have supported them several times, e.g. in their application for the Take-Off grant.

The edge of 20face’s technology is a unique combination of regional machine learning and AI algorithms that makes the technology extremely robust to lighting conditions, pose variations, low resolutions and even partly occluded faces; all that is needed is a glimpse of a face for recognition. The technology is extremely “light-weight” which makes it very suitable for embedding it in small devices and scaling it to a large volume of video streams. 20face’s aim is to develop the first worldwide glimpse facial identification platform that is privacy proof, user-driven and ultimately secured. This technology/software will be a key enabler in domains varying from hospitality, ticketing and healthcare to security, surveillance and cyber security.

Read the full press release on Value Creation Capital’s website: https://www.vcxc.com/nieuws_pers/20face/

Release infographic Nederlandse cybersecurity markt

Aldebert Wiersinga, managing partner van Value Creation Capital, heeft gisteren een infographic van de Nederlandse cybersecurity markt (zie hier) op het Access to Capital evenement bij Hague Security Delta.

Thomas is een startup scout voor Value Creation Capital’s venture capital fonds voor cybersecurity startups: het Security-of-Things fund. Op deze manier was Golden Egg Check betrokken bij het creëren van deze infographic door relevante startups, corporates en andere organisaties te scouten en in te delen.

We hebben onze uiterste beste gedaan om alle cybersecurity startups en tech-bedrijven in Nederland in kaart te brengen, maar weten dat het work-in-progress blijft omdat de markt zo snel veranderd.

Hebben we nog bedrijven gemist?

Meer weten over onze scouting-activiteiten? Kijk hier (voor investeerders) en hier (voor corporates en overheden).

Release of the first startup infographic of the Dutch Cyber Security Market

Here the release of the first startup infographic of the Dutch Cyber Security Market, created by the Security of Things Fund of Value Creation Capital. This overview includes many many startups!

Please send feedback (omissions, errors, etc) as reply to this message, or to the shown email. This Infographic is one of the deliverables resulting from the co-operation with our analyst Thomas Mensink from Golden Egg Check

Read the post of Aldebert Wiersinga (Value Creation Capital) here on LinkedIn and add your cyber tech company in the comments!

Want to know more about how we scout startups and create startup infographics? Read about it here (for corporates and governments) and here (for investors).