Dream has raised $260 million at a $3 billion valuation for sovereign AI infrastructure for governments and national cyber defenses.

Dream, the Israeli AI cybersecurity firm co-founded by ex-NSO chief Shalev Hulio, raised $260m at a $3bn valuation.

Bicycle Capital and Group 11 led the round, which nearly tripled its valuation from $1 billion in February 2025, Dream co-founders Shalev Hulio and Sebastian Kurz said in an…

Governments are moving from asking whether to use AI to determining how to maintain control over it

Dream Raises $260M and Reveals Its Sovereign AI for Nations

Dream has raised $260 million at a $3 billion valuation for sovereign AI infrastructure for governments and national cyber defenses.

Company plans to expand sovereign AI services into the Middle East, Asia, Europe and the Americas