Promising cyber security firms boosted by London’s new £13.5m LORCA centre

Published on: 25 Jul 2018

A new centre dedicated to cyber innovation has been officially opened in East London.

The £13.5 million London Office for Rapid Cybersecurity Advancement (LORCA) aims to help cyber security companies address business challenges and achieve greater impact with their innovative solutions.

It is hoped LORCA will push the UK towards its goal of becoming a global leader in cyber security and support the country’s innovators to turn their ideas to solve critical cyber security challenges into reality.

The centre has just welcomed its first batch of ten organisations, which includes B-Secur - specialists in using biometric heartbeat solutions as a means of authentication, as well as for health and wellbeing purposes.

LORCA director Lydia Ragoonanan said: “We’re proud to be working with industry to understand their needs, with investors who can help develop and scale the solutions at pace, and with incredible innovators who are helping secure the UK’s position as a world leader in cyber security.

“By bringing all these things together in our new centre, we will stay ahead and help British businesses grow and succeed.”

Gavin Poole, chief executive of the the fast-growing Here East digital and creative campus, believes the centre will be at the forefront of some of the most fascinating areas in cyber innovation.

“We look forward to welcoming cyber innovators to our unique campus and seeing how they will collaborate with the hugely diverse range of businesses already located here,” he added.