Startup

Dream, the Israeli AI cybersecurity firm co-founded by NSO Group's former CEO Shalev Hulio and ex-Austrian Chancellor Sebastian Kurz, has raised $260 million in a round led by Bicycle Capital and Group 11, tripling its valuation to $3 billion in 16 months. With over $130 million in annual revenue from six governments, the company is building what amounts to a sovereign AI defense platform, arriving at a moment when nation-state cyberattacks on critical infrastructure are accelerating globally.