At a $3 billion valuation, Dream is betting countries will want AI they can control themselves

At a $3 billion valuation, Dream is betting countries will want AI they can control themselves

Dream develops sovereign AI and cyber defense systems for governments and critical infrastructure. Its model is built around enabling countries to operate sensitive systems and data within infrastructure they control, rather than depending entirely on external technology providers.

DreamDream

Countries will want AI they can control themselves

(Photo: Courtesy of Dream)

The company was founded by Shalev Hulio, Sebastian Kurz and Gil Dolev. In June 2026, Dream announced a $260 million funding round co-led by Bicycle Capital and Group 11, with participation from Antler, Bain Capital Ventures, Tru Arrow Partners and other investors.

Shalev Hulio, Co-founder and CEOShalev Hulio, Co-founder and CEO

Shalev Hulio, Co-founder and CEO

(Photo: Courtesy of Dream)

Dream said the round valued the company at $3 billion and would support expansion of its sovereign AI and national cyber defense platforms.

In cooperation with Team8, Discount Tech and Deloitte Catalyst



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