01 — Cyber as infrastructure
Security is now the load-bearing layer of every digital business.
We back the operators building it — not the awareness layer around it.
— 01 / Investment thesis
An investment thesis for the digital systems the next decade depends on.
Cyberindexfund underwrites three themes with conviction: cybersecurity as economic infrastructure, AI-native governance and trust, and resilient digital systems built in Europe for global scale. Each position is researched on its own terms and supported with operator-grade work after investment.
This page sets out the themes themselves. For the platform behind them, see About Cyberindexfund. To start a conversation, visit partner with us.
— 02/ Investment themes
Three themes.
02 — AI governance and trust
AI is moving into decision-making. Governance becomes the moat.
We invest in the platforms that make AI auditable, controllable and safe to deploy.
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.
— 04/ How we're different
Private, thesis-led capital — 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 fund and not an index tracker. There are no tickers, no units, no public subscriptions. The name reflects the sector lens — not the product.
02 — Thesis, not benchmark
Thesis, not benchmark
Every position is underwritten against a written 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. Concentrated holdings, long horizons, and real strategic work after the wire clears — not portfolio coverage.
— 05/ What we believe
Discipline outlasts narrative.
“We do not invest in stories. We invest in companies whose economics, customers, and engineering hold up when the cycle turns — and whose teams have the temperament to keep building anyway.”
01 — Investment-led thinking
Conviction comes from research, not from the room. We underwrite each position on its own terms.
02 — Operator mindset
We earn our seat by being useful inside the company — not by performing oversight from outside it.
03 — Durable value
We are interested in companies that look stronger five years in than the day we invested.