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SandGrain
SandGrain specializes in the fields of SAAS, cloud, cyber security, and chip manufacturing
About SandGrain
SandGrain is a cybersecurity startup that operates in the rapidly evolving Internet of Things (IoT) market. The company provides a universal authentication platform designed to protect connected devices from unauthorized access and potential cyber-attacks. Its primary clients are businesses that utilize IoT devices, ranging from complex industrial machines to network systems and smart devices.
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SandGrain's business model revolves around its unique solution that combines a secure cloud platform with a physically attached hardware token. The cloud platform offers state-of-the-art cybersecurity and software services, including the generation, assignment, and validation of unique identities for hardware tokens. The hardware token, which is hardwired and immutable, is attached to the end-node of any IoT device. This token communicates with the cloud platform for authentication, providing real-time authentication and accurate lifecycle status information.
The company's patented SandGrain technology hard-codes unique codes onto the hardware token, making it extremely robust and unhackable. This solution is infinitely scalable, allowing it to be applied universally to any connective device within the IoT ecosystem.
SandGrain's revenue is likely generated through a subscription-based model, where clients pay for the cybersecurity services and the use of the hardware tokens. The company's unique solution and its application in the growing IoT market position it well for future growth.
At a glance
- Status
- Operational
- Founded
- 2019
- Headquarters
- Eindhoven, Netherlands
- Employees
- 23
- Open positions
- None listed
- Dealroom signal
- 87.2/100
- Industry
- Security
- Sector
- Spinout, Cybersecurity, Industrial Technology, Semiconductor Designers and Manufacturers, Chips and Processors, NIF defense security and resilience
- Technology
- Hardware, Deep Tech, Connected Device, IoT InternetOfThings
- Business model
- Manufacturing, SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Dec 2025 | $15M | $59M | DeeptechXL Fund · BOM - Brabant Regional Development Agency · Invest-NL · Innovation Industries | ↗ |
| SEED✓Equity / VC | Feb 2024 | $2.2M | $8.8M | DeeptechXL Fund | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for SandGrain is 580 monthly website visits, up 1350% over the last three months. SandGrain's team grew 27.8% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
DeeptechXL Fund
Series A3 investors entered at this stage
Innovation Industries
BOM - Brabant Regional Development Agency
Invest-NL
Other known investors2 additional known investors
TU Delft
Delft Enterprises
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about SandGrain on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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