DTCP

DTCP is a global investment management platform founded in 2015. The firm manages approximately €3 billion across multiple technology and infrastructure funds and has completed more than 50 investments worldwide, including over 19 successful exits.

DTCP's latest fund, “Project Liberty,” amounts to €500 million to invest in defense and resilience technology fund focused on Europe. The fund follows a Europe-led, NATO-aligned investment strategy, with the flexibility to invest selectively in technology companies from NATO member states and close allies where such technologies are strategically relevant to European security, interoperability, and critical supply chains. With a target size of €500 million, Project Liberty is the largest privately managed venture capital initiative to date in Europe with a dedicated focus on defense, security, and resilience technologies..

Hamburg, Frankfurt, Berlin, Luxemburg, January 16, 2026 – DTCP, a global investment management platform with more than €3 billion in assets under management, today announced the launch of Project Liberty, its eighth fund and its first dedicated exclusively to defense, security, and resilience technologies.

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 defense 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 defense and security technologies from NATO member states and close allies where such investments are strategically relevant to European security interests.

DTCP has been investing successfully 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 defense tech unicorn Quantum Systems.

These investments underscore DTCP’s proven expertise in building and scaling technology-driven companies at the intersection of digital transformation, security, and infrastructure.

Up to 30 Investments in Defense Tech Companies Planned

With Project Liberty, DTCP is actively investing in European defense and dual-use technology companies across Series A to C financing stages. The fund plans to make investments in up to 30 companies, with an average investment size of approximately €20 million.

The investment focus is on companies that complement existing defense and security systems or advance them through new technological approaches. Key areas of focus include software solutions, cyber defense, artificial intelligence, and autonomous systems.

Portfolio: Groq, Cognigy, LeanIX, Signavio.