Wire · operational-macro
Ted Schlein’s Ballistic Ventures seeks $490M for new funds amid AI-driven cybersecurity boom
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Fusion42 · 3 November 2026 · Fusion42 review
Ted Schlein’s Ballistic Ventures is raising $490 million across two new funds, capitalising on the surge in AI-driven cybersecurity opportunities due to increasing cyberattack sophistication and AI agents.
This Wire brief tracks Ballistic Ventures, and It sits within Fusion42's coverage of Cybersecurity.
◆ ◆ The Wire takeaway
Fundraising in AI-enhanced cybersecurity signals increased capital availability and competition for founders in this space. You should prepare to face more well-funded rivals or pitch to this new pool of eager investors.
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1 source · 3 Nov 2026
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