2023「China Explorer Map for Cyber Security Startups」is Launched!
Joint Release by Four Institutions
The "Explorer Map for Cyber Security Startups" (hereinafter referred to as the "Map") was officially released in its first edition in 2022. It was jointly produced by NovaCyber Ventures, Flamingo Capital, Voyage Partners, and Z-ONE Consulting. It provides an exploration guide for entrepreneurs in the cybersecurity industry, and has received high attention and recognition from cybersecurity entrepreneurs.
The cybersecurity industry continues to offer opportunities for steady growth. According to the report by the China Cybersecurity Industry Alliance (CCIA), the cybersecurity industry in China has maintained overall growth in the past three years. With the release of cybersecurity policies and regulations and the continuous increase in cybersecurity demands, it is expected that the growth rate will remain above 15% in the next three years, and the market size is projected to exceed 100 billion CNY by 2024. According to the "China Cyber Security Start-ups and Angel Investment Status Report(2020-2022)" released by Z-ONE Consulting, a total of 91 companies have completed their first-round financing in the past three years, indicating the recognition of the commercial value of the cybersecurity industry by the capital market.
To assist entrepreneurs in seizing timely opportunities and accelerating their growth, based on years of accumulated industry ecological activity data and in-depth research, NovaCyber Ventures, Flamingo Capital, Voyage Partners, and Z-ONE Consulting have further updated and enriched the content based on the 2022 edition of the "Map." The 2023 edition has been upgraded to an online website platform, allowing easy access to information.
By deconstructing the ecological landscape from multiple dimensions, the "Map" provides detailed displays of active institutions and representative organizations in different dimensions. It provides a more comprehensive objective reference and guidance for cybersecurity entrepreneurs to strategize collaborations and accelerate their growth. It is hoped that through this map, entrepreneurs can have a comprehensive understanding of the industry's ecosystem, quickly find the necessary resources and partners according to their own development stage, achieve self-breakthroughs, and accelerate their growth by taking advantage of industry opportunities.