33N Ventures is a European venture capital fund founded by a team that previously built one of Europe's largest cybersecurity service providers (acquired by Thales) and invested in 20 cybersecurity startups including three unicorns, giving them an unusually focused track record in cybersecurity specifically. The fund targets the structural gap where European cybersecurity spending represents about one-third of global spend but European cyber startups historically received only 10% of global cyber VC funding, positioning itself as one of the few specialist, pan-European growth investors in B2B cybersecurity and infrastructure software.