Investment & Fund Management
The Luxembourg Future
Full Credential Description
The Luxembourg Future Fund (LFF2) has made a strategic investment in 33N, a venture capital fund specializing in cybersecurity and infrastructure software. This investment aims to bolster 33N's capacity to accelerate its global investments in critical sectors such as cybersecurity, AI, data, and DevOps, particularly within Luxembourg. Founded in 2022 and based in Portugal, 33N Ventures has already established a strong track record in leading investments in global cybersecurity and infrastructure software leaders.
The tailored solution provided by LFF2, which includes a total financing commitment of 200 million160 million from Société Nationale de Crédit et dInvestissement (SNCI) and 40 million from the European Investment Fund (EIF)is designed to stimulate the diversification and sustainable development of the Luxembourgish economy. This funding is particularly significant as it supports 33N's role in connecting promising companies in Luxembourg with specialized growth-stage investors, thereby enhancing the local ecosystem for technology and cybersecurity.
As a result of this investment, 33N is positioned to strengthen Luxembourg's reputation as a key player in the European cybersecurity landscape. The collaboration is expected to accelerate the growth of tech startups and enhance digital security across Europe, addressing future digital challenges effectively. The investment not only reflects confidence in 33N's unique approach but also aligns with the mission of fostering innovation and supporting strategic sectors in Luxembourg.