Sarah Kunst, the founder and managing partner of Cleo Capital, emphasized the urgency of cybersecurity by stating, "you know it's out of control," referencing personal stories of cyber threats affecting her family.
Kunst highlighted the rising trend, noting, "Ninety percent of Americans are confronted with cybersecurity issues, most in their consumer lives," indicating the widespread relevance of the accelerator's mission.
Cleo Capital announced a new cybersecurity accelerator, targeting pre-seed and seed companies globally, in response to the increasing cybercrime costs, which exceeded $12.5 billion.
The accelerator promises a $250,000 investment for 7% equity to up to ten selected companies, recognizing the need for innovation to address rising cybersecurity threats.
Collection
[
|
...
]