Dream, an Israeli AI and cybersecurity company founded by ex-NSO Group CEO Shalev Hulio, has raised $260 million in funding at a $3 billion valuation, tripling its worth from $1 billion in 2025.
The funding round reflects growing investor confidence in Dream's focus on protecting critical infrastructure through artificial intelligence and cybersecurity solutions. The company serves governments and critical infrastructure operators, positioning itself in the expanding market for securing essential services against cyber threats.
Hulio founded Dream after his tenure leading NSO Group, the Israeli surveillance firm known for developing the Pegasus spyware platform. The new venture shifts focus toward defensive capabilities rather than offensive surveillance tools.
The valuation jump from $1 billion to $3 billion in a single year signals strong market demand for infrastructure protection services. As governments worldwide prioritize cybersecurity resilience amid rising threats, companies offering AI-driven defense solutions have attracted significant capital.
Dream's rapid ascent reflects broader trends in the cybersecurity sector, where venture funding continues flowing toward startups addressing critical infrastructure vulnerabilities. The company joins a growing roster of Israeli tech firms specializing in defense and security applications.
Defense tech company Hadrian secured $1.37 billion in Series D funding at an $8 billion valuation. The capital will fund expansion of its manufacturing facilities and Opus software platform.
Singapore-based AI infrastructure startup Acrab raised $130 million in Series B funding, surpassing $480 million in total capital raised. The round was backed by existing investors including Vertex Ventures.
Herdr, a runtime platform, has been accepted into Y Combinator's latest batch. The company is maintaining its open-source commitment despite the funding.
ProvenMetal, a Y Combinator S26 startup, manufactures assembled circuit boards domestically in days rather than weeks. The service accepts design files and specifications, addressing a critical gap in US semiconductor supply chains.