Tech4Trust Alumni Shine at the InCyber Forum Startup Award
Lausanne, 28 February 2024 – In a significant achievement for the Tech4Trust acceleration programme and the regional cybersecurity industry, three out of the five winners of the InCyber Forum Startup Awards are Tech4Trust alumni. This accomplishment underlines our programme’s strength and credibility in supporting cybersecurity and digital trust startups that are capable of making a global impact.
The InCyber Forum Startup Award or Prix de la Start-up Forum InCyber 2024, known for promoting European startups and innovative early-stage companies in cybersecurity and digital trust, selected five winners from more than 80 applications. Among the 13 finalists, the awarded startups from Tech4Trust include:
SnowPack, Winner of the Startup Award at the InCyber Forum 2024
Snowpack, which finished 3rd of Tech4Trust Season 4, develops a technology known as VIPN (Virtual & Invisible Private Network) that eliminates the need to fully trust the Internet infrastructure. Thanks to its technology that allows data to travel in the form of multiple packets, or « flakes, » Snowpack has become in less than two years the company specializing in invisibility on the Internet.
DuoKey, Best Growing Startup at the InCyber Forum 2024
DuoKey, which finished 3rd of Tech4Trust Season 2, is a cloud security leader, specializing in key management and encryption for cloud environments, such as Microsoft, Amazon Web Services (AWS), Google, and Salesforce. Trusted by leading companies in the automotive, finance, luxury, and healthcare sectors, DuoKey helps businesses protect their confidential data and comply with regulations, all while maintaining control over their encryption keys in solutions powered by secure multi-party computation (MPC) or hardware security modules (HSM).
Saporo, Jury’s Favorite Award at the InCyber Forum 2024
Saporo, which won Tech4Trust Season 3, enables organizations to increase their cyber-resilience by prioritizing and reducing risks associated with user access. By using AI and graph technologies to analyze user configuration and access data, Saporo assesses organizations’ resilience to attacks and identifies the changes that will have the most impact on increasing their cyber-resilience.
“This recognition highlights our commitment to providing startups with the resources, coaching, and exposure needed to succeed in this industry.” said Trust Valley CEO, Lennig Pedron.
It is not the first time that the InCyber Startup Award recognises Tech4Trust startups. In 2022, Tech4Trust Season 2 winner Strong Network was awarded the Startup Award of the InCyber Forum (formerly named FIC), while the following year Tech4Trust Season 4 alumnus ANZOR WAY received the 2023 prize.
The Tech4Trust programme contributes to the security advancements in Switzerland and beyond, fostering innovations in cybersecurity and digital trust and helping startups translate their ideas into market-ready solutions that address critical challenges.
The applications for the sixth edition of Tech4Trust are now open. Any cyber and trust-related startup interested in accelerating its growth and impact can apply at: www.trustvalley.swiss/tech4trust-2024-season-6
About the InCyber Forum Startup Award
The InCyber Forum Startup Award aims to promote European startups and innovative young companies. Composed of end-users, investment funds, representatives from ANSSI (the French National Agency for the Security of Information Systems), and the Armed Forces, its jury honors one or more innovative companies in the field of cybersecurity and digital trust each year.
Learn more: https://europe.forum-incyber.com/prix-de-la-startup/
About Tech4Trust
Tech4Trust is an 8-month equity free and international acceleration programme designed to help early-stage companies build the future of digital trust and cybersecurity. Since 2019, more than 130 startups have been supported by this programme, totalling over 300 millions of funds raised. The programme includes training, coaching and networking opportunities worth more than CHF 100K per startup. As part of the Trust Valley private-public partnership, the program is run by the EPFL Innovation park, which hosts more than 200 innovations and well-funded scale-ups.