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🇭🇰 Chinese, 3 November 2026, cybersecurity funding

Ballistic Ventures Seeks $490M New Fund, Bets on AI-Driven Network Security Wave

Ballistic Ventures files with SEC to raise $3.6B for third flagship fund and $1.3B for independent tool fund.

The move comes as AI-driven network threats escalate, with US cybersecurity startups raising a record $11.5B in 2025, surpassing 2022’s high.

Ballistic Ventures is seeking $4.9B for its new fund, which will focus on AI-driven network security, a growing trend in the industry.

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