Israeli Startup Dream Raises US$260 in Round led by Bicycle Capital

The funding round was led by Bicycle Capital and Group 11, and values the company at approximately US$3 billion.

"Everybody understands that the next cyber war is actually going to be AI versus AI," Hulio said.

"We built an AI solution that knows how to ‌prevent cyber attacks created by humans, but also ​cyberattacks created by AI."

Former Austrian Chancellor Sebastian Kurz, a ​co-founder of Dream, said given ​global geopolitical tensions, "allies sometimes don't know if they will be able ‌to trust their allies forever, so there's ​a big need for ​sovereignty and being more independent."

Founded in 2023 by Shalev Hulio, Gil Dolev, and Sebastian Kurz, Dream provides AI-powered cybersecurity software that helps governments and national cybersecurity agencies protect their systems and improve cyber resilience against digital threats.

Dream is launching a new on-premise AI platform that can be installed and run directly within government agencies and state-owned organizations. This allows customers to manage the technology on their own infrastructure rather than relying on external cloud services.

The platform gives governments greater control over their data and systems. It comes at a time when many countries are strengthening data sovereignty requirements and investing in their own AI technologies and infrastructure.

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