# ICE71 Accelerate

> ICE71 Accelerate is a VC fund in Singapore backing Cyber Security and Software. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Singapore, Singapore
- Total investments: 9
- Last investment: Jun 2020
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/ice71
- Website: https://ice71.sg/accelerate/

ICE71 Accelerate is a three-month accelerator programme for early-stage cybersecurity startups, designed to help startups achieve a product market fit in a unique technical and demanding industry. The programme is run by CyLon, the leading global cybersecurity accelerator and active investor in early-stage cybersecurity startups.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Cyber Security | 8 | 89% |
| Software | 6 | 67% |
| Information Technology | 4 | 44% |
| Internet of Things | 3 | 33% |
| Energy | 1 | 11% |

26 industries tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 5 | 56% |
| Poland | 1 | 11% |
| Australia | 1 | 11% |
| Singapore | 1 | 11% |
| United Kingdom | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Chainkit | Chainkit is a cutting-edge technology that detects invisible threats, dramatically reduces dwell time from months to minutes, and delivers absolute system attestation. They provide a solution in the form of Cyber Stealth Radar that uses military-grade tamper detection for security, forensics, and compliance to expose cyber attacks in real-time,preventing cyber attackers from hiding their tracks or dwelling within a network or system. Their solution can mitigate insider threats, contain damage, and immediately isolate all tampered code or data. |  | Seed | Jun 25, 2020 | https://x.com/chainkit |
| GamaSec | GamaSec is a cyber-security company that lowers the risk and strengthens the resilience of businesses from attacks on their websites and web applications. GamaSec provides a portfolio of services including web vulnerability scanning, daily malware detection, blacklist monitoring, and remediation as a service. This combination of a proprietarysecurity platform and industry knowhow enables GamaSec to deliver industry solutions for website security, and rapidly respond to market needs |  | Seed | Jun 25, 2020 | https://x.com/gamasec |
| neoEYED | neoEYED has developed an Artificial Intelligence (AI) solution that helps banks, fintech applications and e-commerce businesses secure their digital identities and accounts from unauthorized users to prevent fraud. Its solution uses AI to learn and recognize users' behavior, based on how they interact with the web and mobile applications anduse their devices, and raises an alert if there is suspicious activity on an account. It is unobtrusive as it continuously monitors user behavior without seeking additional permissions or personal information from the user. The solution is suitable for any industry. |  | Seed | Jun 25, 2020 | https://x.com/neoeyed |
| ASSIMIL8 | Assimil8 is developing a solution that can help them recognize and handle raw threat data without relying on external specialists.Assimi8's solution, the Intuitive Data Relationship Inference System (IDRIS), uses graph technologies to provide easy-to-read visual network views for decision-makers to make sense of large complex data sets. Thismeans users can spot anomalies and identify potential network risks quickly. The solution is suitable for SMEs and their managed service providers. |  | Seed | Jun 25, 2020 | https://x.com/_ASSIMIL8_ |
| Kapalya | Kapalya provides real-time encryption key management and protection across endpoints, mobile devices, public clouds and enterprise file servers. It empowers businesses and their employees to securely store sensitive files at-rest and in-transit across multiple platforms through a user-friendly desktop and mobile application. Kapalya enables itsusers to share encrypted files across multiple cloud platforms. |  | Seed | Jun 25, 2020 | https://x.com/kapalyainc |
| Scantist | Cybersecurity start-up based in Singapore building DevSecOps solutions. |  | Seed | Jun 25, 2020 | https://scantist.com |
| Guardara | Guardara focuses on fuzz testing, a software testing technique for discovering coding errors and security loopholes. Its solution, Fuzzlabs, helps product security teams discover such loopholes early by identifying software, operating, and network issues in a quick and integrated manner. Fuzzlabs is able to identify software flaws and exploitablesecurity vulnerabilities that were previously unknown, test web applications and services, and secure code. The solution is targeted at enterprise product security teams that work on industrial control systems, IoT technologies, medical devices, telecommunications, defense, aerospace, and automotive. |  | Seed | Jun 25, 2020 | https://www2.guardara.com |
| Kinnami | Kinnami provides a resilient data mesh simplifying data availability, protection, and security for the digital edge, essential to making our connected future possible and an autonomous future a reality. Kinnami AmiShare protects and manages movement of sensitive data on platforms that may be beyond an organization's control, such as edgedevices (sensors, loT, satellites, drones), and cloud platforms. AmiShare's Al-driven data management software, secures data locally at the edge and enables secure data exchange over its cross-platform data mesh, enabling and delivering data even where networks may be contested, unstable or absent. Kinnami was founded in 2015 by a team of data management and security experts, and has offices in Boston, Washington, and Austin, TX. |  | Seed | Jun 25, 2020 | https://www.kinnami.com |
| Olympus Sky | Olympus Sky Technologies (OST) has developed a new way to think about cybersecurity, up-ending 30 years of static, heavy certificate-based solutions such as PKI. We have implemented this technology into a product suite that we call Zeus. Zeus is used to securing complex supply chains, from cradle to grave, as well as providing secure communication,including the authentication of both hardware and virtual (electronic images/software) assets. Best of all, the product is simple to understand and simple to use, requiring no skilled administration or IT security experts. | $50K | Seed | Feb 10, 2020 | https://x.com/OlympusSkySec |

9 of 9 investments shown.

## Co-investors
- [Polish Institute for Research and Development](https://shizune.co/investors/profile/polish-institute-of-research-and-development) — VC Fund, 1 deal together

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## FAQ

### What does ICE71 Accelerate invest in?

ICE71 Accelerate invests primarily in Cyber Security, Software and Information Technology startups, most often at Seed stage. Most of the 9 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did ICE71 Accelerate last invest?

The most recent investment recorded for ICE71 Accelerate closed in Jun 2020. Shizune tracks 9 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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