Traced has joined the Cyber Runway accelerator from Plexal, in the Grow cohort. Cyber Runway is the UK’s most diverse community of cyber founders and entrepreneurs and is backed by the DCMS.
Cyber Runway has been designed to address some of the biggest challenges facing cybersecurity, such as diversity and inclusion and regional representation, and support the most promising innovators at various stages of growth.
The cohorts are solving challenges like ransomware, cyber fraud, cyber-physical threats to critical national infrastructure, cloud security, improving threat intelligence and boosting education using emerging technologies such as AI, quantum and cloud security.
About the Cyber Runway programme
Backed by the Department for Digital, Culture, Media and Sport and delivered by Plexal in partnership with CyLon, Deloitte and CSIT (the Centre for Secure Information Technologies), Cyber Runway will be an intensive six-month programme. Three distinct streams will deliver dedicated curricula for cyber startups based on their growth phase: Launch, Grow and Scale.
Launch: 20 entrepreneurs will get support with launching their business, building a minimum viable product and creating a network.
Grow: 68 startups and SMEs will get business support to help them address their growing pains, access funding and achieve commercial success.
Scale: 20 scaleups will access support (including 1:1 mentoring) to help them grow rapidly in the UK and around the world.
Cyber Runway has replaced and consolidated three DCMS-funded programmes: HutZero, Cyber 101 and Tech Nation’s cyber accelerator for startups.
The accelerator is designed to strengthen the UK’s cyber ecosystem and accelerate the growth of a new generation of breakthrough cyber startups to improve national security, stimulate innovation and drive economic growth.
Cyber innovation at Plexal
Plexal now delivers four of the five government-backed cyber programmes in the UK and is working to improve national security and digital resilience through emerging technologies and accelerating the growth of the UK cyber startup ecosystem.
The innovation company has delivered LORCA (the London Office for Rapid Cybersecurity Advancement) for the last three years and is currently delivering LORCA Ignite, which is supporting cyber scaleups. Over the last three years, LORCA has helped cohort companies raise more than £200m in investment and generate over £37m in revenue.
Plexal is also delivering NCSC For Startups, which connects cyber startups to technical experts within UK government to drive innovations that can make the UK safer online.
Saj Huq, director of innovation at Plexal, comments:
“This is a golden age for the UK cyber startup ecosystem. Cyber startups are attracting record levels of investment and both the government and global tech giants are coming to British cyber companies to adopt emerging cyber technologies. The scale of Cyber Runway is testament to the enormous potential within the cyber startup community and will help stimulate the supply of innovative cyber solutions that will be needed by the economy and society.
The full list of Cyber Runway members is available at plexal.com/cyber-runway