Eric Banoun Investments Eyes AI Startups in Defence and Cyber Security
Israel, 28th Apr 2025 – The AI in startups has been booming. With artificial intelligence (AI) chatbots using natural language processing to create humanlike conversational dialogue, leading a wide revolution for many industries. AI is now everywhere and will continue to evolve fast opening new opportunities. Eric Banoun Investments is now seeking entrepreneurs experimenting in the security space with AI. A fresh fund has been prepared focusing on solving large, pressing problems through innovation and technology.
Speaking to the media, Eric Banoun said: “The fund looks to attract its first set of startups by May and the initial rounds will be expected to close in June. We want to assist startups in a manner that they can multiply their success rate by ten folds and really create an imp...