Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom

Venture firm targets $490 million across vehicles to fund security startups

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·3 Nov 2026, 21:43

Cybersecurity investment firm Ballistic Ventures is targeting $490 million in fresh capital across two new vehicles. The fundraising drive includes $360 million for its primary fund alongside an auxiliary pool, seeking to capitalise on rising demand for AI-focused defence tools.

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This summary was written by the GPU Data Hub desk from reporting published by TechCrunch on 3 Nov 2026, 21:43. Read the full article at the original publisher.

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