Information on the Target

Optics11 is a Dutch deeptech scale-up specializing in advanced fiber optic sensing solutions. The company has recently raised €17 million in a funding round aimed at enhancing its offerings to protect Europe’s infrastructure amidst rising threats. Led by Dutch energytech fund SET Ventures and deeptech investor FORWARD.one, this funding round also includes contributions from Join Capital and long-term investor Value Creation Capital (VCC), enabling Optics11 to scale its innovative solutions that address critical infrastructure vulnerabilities.

CEO Paul Heiden emphasizes the urgent need for sophisticated responses to the challenges facing Europe’s infrastructure, particularly in energy and maritime sectors. The funding will facilitate the rapid expansion of Optics11’s fiber optic solutions, positioning them as a proactive guardian against potential disruptions.

Industry Overview in the Target’s Specific Country

Europe is experiencing an unprecedented reliance on power infrastructure, which is essential for both everyday life and economic stability. However, the increasing sophistication of threats such as underwater sabotage and the deterioration of high-voltage (HV) transformers is raising alarm. Approximately 40% of Europe’s 90,000 HV transformers have surpassed their operational lifespan, while production of new transformers is unable to meet the demand, with orders stretching until 2030.

Moreover, subsea cables and offshore wind farms have been facing rising incidences of security breaches, highlighting an urgent requirement for robust monitoring solutions. As the shift toward renewable energy sources continues to grow, it becomes crucial to ensure the integrity and security of energy infrastructures that integrate these renewable options.

In this evolving industry landscape, stakeholders are recognizing the need for innovative technologies that can mitigate risks associated with aging equipment and increasing threats. Companies like Optics11 are stepping up to fill these gaps, offering advanced solutions that ensure the resilience of critical infrastructure.

Overall, the outlook for the infrastructure security market in Europe is intense, given the mounting risks and the pressing need for enhanced protective measures. Businesses operating in this sector are expected to prioritize technological advancements that provide reliable and timely monitoring capabilities.

The Rationale Behind the Deal

The rationale for this funding round revolves around the urgent need to bolster Europe’s infrastructure against escalating threats. Optics11’s suite of fiber optic solutions, including OptiFender for predictive monitoring and OptiBarrier for subsea protection, are particularly suited to address these challenges. This round of funding will allow Optics11 to enhance its product offerings and amplify its market reach, ensuring that Europe’s vital energy and maritime infrastructures are equipped to handle modern threats.

With strategic investors providing not only financial support but also expertise and expansive networks, Optics11 is positioned to drive innovation and respond effectively to the rising demands for infrastructure security in Europe.

Information About the Investor

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