Sebastian Kurz's DREAM raises $260M at a $3B valuation for sovereign AI cyber defense

The former Austrian chancellor and ex-NSO cofounder Shalev Hulio are pitching governments on cyber systems they control themselves.

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Primary source: Business Insider

Why it matters

DREAM's round shows sovereign AI has become a funding thesis, but its edge is inseparable from its founders: Kurz's government access and Hulio's NSO baggage.

Sebastian Kurz and Shalev Hulio's DREAM announced a $260 million Series C on Thursday, giving the Tel Aviv AI cybersecurity company a $3 billion valuation and turning Kurz's post-politics second act into one of Europe's more closely watched sovereign-tech bets.…

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