Europe Gets A Cyber Security Incubator


London’s — and Europe’s — crowded startup accelerator scene is getting a new addition. Not fintech-related, this time. Rather the focus is cyber security.

The Cyber London (CyLon for short) 12-week program, has been co-founded by Alex van Someren of VC firm Amadeus Capital Partners, who previously founded U.K. cryptography company nCipher and has advised the U.K. government on various tech issues; along with Jonathan Luff and Grace Cassy, co-founders of strategic technology consultancy Epsilon Advisory Partners, who also bring foreign and security policy experience to the table, including working with No.10 Downing Street.

CyLon’s program will be managed by the Ignite accelerator, and is being run as a not-for-profit, financed by a variety of sponsors — including Amadeus and Epsilon; along with global hedge fund Winton, and international law firms Freshfields Bruckhaus Deringer; and Fried, Frank, Harris, Shriver & Jacobson — none of whom will be taking equity in the selected teams.

So this is about proximity to promising security startups to help with deal flow in…

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