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importantSYS.SOURCE: TechCrunch• 2026-11-03T21:43:08Z

Ballistic Ventures Raises $490M for AI-Driven Cybersecurity Funds

Ballistic Ventures, led by Ted Schlein, is raising $490 million across two funds amid the surge in AI-driven cybersecurity threats. The move aligns with increased venture capital investment in AI-enabled cybersecurity solutions, as U.S. startups saw record funding in 2025.

Cybersecurity focused Ballistic Ventures is seeking to raise $360 million for a new flagship fund and another $130 million for a separate investment vehicle.

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