# SandGrain

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sandgrain-b-v

- Industry: Software
- Headquarters: Eindhoven, Netherlands
- Website: www.sandgrain.eu
- Total disclosed funding: $19M
- Latest round: Series A (Dec 2, 2025)
- Investors on record: 4

## About

Based in Eindhoven, Netherlands, and founded in 2019 by Pieter Hooijmans, Casper Juffermans, and Jeroen Doumen, SandGrain B.V. operates as a cloud-based company providing security systems services. In December 2025, SandGrain B.V. raised EUR 13.5 million in series A funding led by new investor Innovation Industries, with participation from other new investors Brabantse Ontwikkelings Maatschappij and Invest-NL. Returning investor DeepTechXL also participated in the round.

SandGrain B.V. provides an authentication platform for life cycle asset management and brand protection. The company offers authentication of electronics in capital equipment to both equipment manufacturers and their customers. In addition, the firm supports improving security in the industrial Internet of things applications.

The company generates revenue through hardware token sales, cloud authentication services, and SaaS licensing.

The company will use the December 2025 funding to accelerate growth and broaden the international rollout of its CyberRock IoT security solution.

## Funding rounds

- Series A, Dec 2, 2025, $16M — Brabantse Ontwikkelings Maatschappij, Innovation Industries, Invest-NL, DeepTechXL
- Seed, Feb 28, 2024, $2.2M — DeepTechXL
- Seed, Apr 11, 2023, $1.4M — DeepTechXL

## Investors

- DeepTechXL (https://capitalatlas.ai/funds/deeptechxl) — Seed, Series A
- Brabantse Ontwikkelings Maatschappij — Series A
- Innovation Industries (https://capitalatlas.ai/funds/innovation-industries) — Series A
- Invest-NL — Series A