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Israeli AI security company Dream raises $260 million in funding, valuation rises to $3 billion

2026-06-18 10:13:07

Abstract generation in progress

Mars Finance news, according to Bloomberg, Israeli artificial intelligence and cybersecurity company Dream has completed a $260 million financing round, with a post-money valuation of approximately $3 billion, nearly tripling the valuation from about $1 billion in February 2025. The round was led by Bicycle Capital and Group 11, with participation from Bain Capital Ventures, Antler, Tru Arrow Partners, and others. Dream was founded in 2023 by former NSO Group CEO Shalev Hulio and former Austrian Chancellor Sebastian Kurz, initially focusing on national-level AI cyber defense. It has now launched a sovereign AI platform and AI security products, Hero, for governments and state-owned enterprises, and has already generated nearly $300 million in sales, which will accelerate deployments across Europe, the Middle East, Asia, and the Americas.

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