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SandGrain

SandGrain

Private
EindhovenCybersecurityhttps://sandgrain.com/

Last Round

Series A

Dec 9, 2025

Total Funding Raised

$19.32M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

SandGrain is a deep-tech company that develops a post-quantum security platform designed to secure industrial IoT networks through hardware-anchored authentication.

Sector

Cybersecurity

Verticals

IoT Security, Digital Identity, IoT Hardware, Defense Tech

Business Model

B2B

Customer Profile

Hardware Sales, Subscription SaaS

AI Layer

Non-AI

Keywords

IoT securitydevice authenticationroot of trusthardware securitypost-quantum cryptographyhardware-anchored securityPQCdigital identitycyber resilienceembedded securitydevice identity managementhardware tokenzero trustcritical infrastructure securitytamper-proof hardwareNIS2 compliance

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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SandGrain Comparables

Compare SandGrain with similar companies based on industry and business-model similarity.

SandGrain comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Crypto Quantique
83%
Veridify Security
70%
Xiphera Ltd
67%

SandGrain Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ADec 9, 2025
SeedMar 8, 2024
SeedApr 11, 2023

Key People

Founding team and executive leadership

Joeri Voets

CEO

Executive Team

Filip Polus

Chief Financial Officer

Executive Team

SandGrain Investors

Notable investors and investment history

SandGrain investors
InvestorRounds
Brabantse Ontwikkelings MaatschappijSeries A
Invest-NLSeries A
Innovation IndustriesSeries A
DeepTechXLSeed, Series A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jan 8, 2026

    Grew 17% QoQ from 18 to 21 employees.

  • Dec 23, 2025

    Grew 43% QoQ, from 14 to 20 employees.

Recent news

Latest coverage and updates

  • is_developingSep 8, 2026

    Sandgrain Securities LLC is developing joint reference implementation.

  • partners_withSep 8, 2026

    Sandgrain Securities LLC partners with Axelera AI.

SandGrain Filings

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SandGrain filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about SandGrain's valuation, stock price, and market status.

Is SandGrain a public or private company?

SandGrain is a private company.

What is the current stock price of SandGrain?

SandGrain is a private company with no public stock price. Caplight tracks SandGrain's secondary market activity and provides MarketPrice™ estimates to Caplight users.

How much is SandGrain worth (valuation)?

Valuation information for SandGrain is not publicly available.

Can I buy SandGrain stock?

SandGrain shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was SandGrain's last funding round?

SandGrain's most recent funding round was Series A on December 9, 2025.

Who are the main investors in SandGrain?

Key investors in SandGrain include Innovation Industries.

Will SandGrain IPO soon?

No public IPO plans have been announced for SandGrain.

How can I track SandGrain secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor SandGrain's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersEindhoven
Employee Range18
Year Founded2019
Last FundingDec 9, 2025

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