01 — Cyber as infrastructure
Security is now the load-bearing layer of every digital business.
We study the operators building it — not the awareness layer around it.
— 01 / Research thesis
A research thesis for the digital systems the next decade depends on.
Cyberindexfund researches three themes: cybersecurity as economic infrastructure, AI-native governance and trust, and resilient digital systems built in Europe for global scale. Each view is written against a stated thesis and revisited as the evidence changes.
This page sets out the themes themselves. For the platform behind them, see About Cyberindexfund. Or start a conversation.
— 02/ Research themes
Three themes.
02 — AI governance and trust
AI is moving into decision-making. Governance becomes the moat.
We research the platforms that make AI auditable, controllable and safe to adopt.
03 — Resilient European systems
Europe is building digital systems designed to keep working under stress.
Operators who treat regulation as advantage and scale into global markets without losing discipline.
— 03/ How we're different
Thesis-led research — built to be the opposite of passive.
01 — Not an ETF, not an index
Not an ETF, not an index
Cyberindexfund is not an exchange-traded product and not an index tracker. There are no tickers, no units, no fund. The name reflects the sector lens — not a product.
02 — Thesis, not benchmark
Thesis, not benchmark
Every view is written against a stated thesis. We do not screen, we do not weight, and we do not track an index. We say no far more often than we say yes.
03 — Founder-led, operator-shaped
Founder-led, operator-shaped
A small platform working directly with operators. Narrow coverage, long horizons, and research that starts from real transactions.
— 04/ What we believe
Discipline outlasts narrative.
“We do not follow stories. We study companies whose economics, customers and engineering hold up when the cycle turns, and whose teams keep building anyway.”
01 — Research-led thinking
Conviction comes from evidence, not the room. Every view is written against a stated thesis.
02 — Operator mindset
Useful inside the work, not performing oversight from outside it.
03 — Durable value
We look for companies that are stronger five years on.