kapynFunding & M&A

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

Ballistic Ventures, led by Ted Schlein, seeks $490 million to launch a new flagship fund and a separate investment vehicle focused on AI‑driven cybersecurity. The $360 million flagship fund will target early‑stage security startups, while the $130 million vehicle will back later‑stage companies, positioning the firm at the forefront of the sector’s rapid growth.

TechCrunch AI·Nov 3, 2026

Opening Kapyn…