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 impact in the security industry, creating massive impact to the cyber space”

Eric Banoun in the past has been a senior executive with a global track record in leading large-scale sales initiatives. As Global VP of Sales at NICE Systems, drove major projects and market growth worldwide. Co-founded Circles Technologies (acquired in 2014), and held VP roles at ECI Telecom and Orckit, expanding sales in Asia and globally. Early career included work with Boeing’s Interior Crashworthiness Division, partnering with leading airlines.

Eric now has a team which evaluates the startups and is now well-positioned to handle larger volume deals. They want to make this fund more accessible and inclusive for founders with a vision to improve security and defence. 

Apply for investment through the website: https://ericbanoun.com/apply/

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Country:Israel

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