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Wire · operational-macro

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

Published

3 November 2026

Topic

operational-macro

◆ Sectors

Cybersecurity

◆ Geography

United States

◆ Source

Read at techcrunch.com →

◆ Verified

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.

◆ Mentioned in this story

◆ Coverage

1 source · 3 Nov 2026

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◆ Topics

Cybersecuritycybersecurityventure-capitalai-drivenfundraisingus