Carlos Alberto Silva and Carlos Moreira da Silva have partnered with global asset management firm Alantra to launch a new venture capital investment manager, 33N Ventures.
33N is currently fundraising a €150m vehicle investing in cybersecurity and infrastructure software companies across Europe, Israel, and the US.
The fund will mostly target investments at Series A and B, with an average ticket size of around €10 million, and has an investment capacity of €20 million already committed by Alantra and its Strategic Partners.
33N co-founders and managing partners Carlos Alberto Silva and Carlos Moreira da Silva have made more than 20 investments in cybersecurity and infrastructure software over the past 10 years, across Europe, Israel and the US – including most notably Arctic Wolf, the cybersecurity unicorn founded in 2012 by former Blue Coat Systems CEO Brian NeSmith. They have also completed several exits, including one to Thales and one to Qualcomm, both in 2022. Carlos and Carlos also have extensive operational experience in the sector, having grown one the largest independent European cybersecurity services groups – encompassing S21sec and Excellium – from 2014 onwards. They are joined by three colleagues – all of whom have worked with the pair for several years prior to joining 33N – to form a team of five at launch.
33N is also supported by a global network of entrepreneurs, experts, and cybersecurity decision-makers across industries, including Brian NeSmith (Arctic Wolf), Eyal Hayardeny (Reblaze), Nuno Sebastião (Feedzai), and Pierre Polette (Hackuity), all founders of the team’s previous portfolio companies.
FinSMEs
13/10/2022