NSIN - National Security Innovation Network’s Post

Athens, 26 June. Real glad to be part of a timely discussion: how national defence innovation programmes can best sync with EU programmes for dual use and defence innovation.

Discover invaluable insights from Cybersecurity entrepreneur/investor, Zohar Alon, on the remarkable growth of Israeli startups during the first half of 2024. “As Israel fights on all fronts, its startups are experiencing a positive period, where the cyber-security sector, which I focus on as an investor and an active board member, is topping the charts, in both exits and funding rounds. We saw our first $1B up round (Wiz), followed by a $1.5B acquisition (Venafi by CyberArk), Wiz made its first 9-digit acquisition (Gem for $300M) and, the under three years old toddler, Avalor Security, a Zscaler Company, was acquired by Zscaler for $315M.” Our H1 2024 Report delivers the data and insights you need to stay up to date with the Israeli tech industry. Access the full report on Startup Nation Finder 👉 https://okt.to/hPVgSD #Innovation #IsraeliTech #StartupNation #Cybersecurity #Investment #VC #AI #DSPM #H12024Report #StartupNationFinder

Squinting at the Defense Innovation Unit (DIU) 3.0 strategy document, I'm amazed at how closely their story tracking with Hacking for Defense® (H4D). 1.0. Both started in 2015 with the goal of restoring linkages that had eroded over the previous two decades. The early adopters, all with "dual fluency" in defense and venture/tech, believed deeply in the need for partnership and collaborative investment. 2.0. Both evolved their models to prove out the value of commercial capabilities. For DIU, this was mainly about technology. For H4D, this was mainly about talent. Enduring relationships were built. The community grew and grew, fueled by early wins and a maturing 2.0 strategy. 3.0. Both are embracing scale and impact. H4D increasingly focuses on problems sourced from operating forces. It is taught across AUKUS, and ties directly to savvy private investors who can rapidly scale up a company once it gets early traction. These are all lines of effort called out by DIU Director Doug Beck. I'm excited to see how this partnership grows with NSIN - National Security Innovation Network integrated into DIU. Many thanks to the hard work of hard-working patriots such as Jesse Gipe, David S., Caitlin Bowers, Max Weintraub, Abigail Desjardins, and John Hrivnak. #defenseinnovation #diu #h4d #nontraditional #tech #startups #military

Treacle Technologies Private Limited, a cybersecurity startup, has secured Rs 4 crore in its pre-seed funding round led by Inflection Point Ventures (IPV). As per the startup, the funding will be used to enhance its technical and business development, marketing and office expenses, and partnerships. Further, the startup will use the funds for its expansion in the Indian market. Founded by Subhasis Mukhopadhyay, Subhajit Manna, and Partha Das, Treacle’s AI-based deception technology provides advanced protection by analyzing attacker behavior, diverting them into mirage networks, and issuing early warnings to SOC analysts. #investment #funding #venture

🚀 Innovating for National Security: The Rise of DoD Startups 🌐 As the global landscape of defense and security evolves, so too does the innovation within the Department of Defense (DoD). A notable trend gaining traction is the emergence of startups dedicated to advancing technological solutions for national security challenges. These DoD startups embody the spirit of entrepreneurship, leveraging cutting-edge technologies such as AI, cybersecurity, and advanced materials to bolster our defense capabilities. Their nimble approach and focus on rapid innovation are reshaping how we perceive and address security threats in the 21st century. From enhancing military readiness to safeguarding critical infrastructure, these startups play a crucial role in maintaining our national security posture. They also foster collaboration between government agencies, academia, and the private sector, driving synergies that propel innovation forward. At Ombra, we recognize the pivotal role of these startups in shaping the future of defense technology. We are committed to supporting their efforts through partnerships and joint experimentation. Together, we can ensure that our armed forces remain at the forefront of technological superiority, safeguarding peace and security on a global scale. Join the conversation on the future of defense innovation! What opportunities do you see for DoD startups in the coming years? Share your thoughts below! #DefenseInnovation #NationalSecurity #DoD #Startups #Entrepreneurship #TechnologyInnovation

Aurimas Bakas and Andrius Minkevičius are again at the forefront of innovation with their latest venture, CyberUpgrade. Securing €650,000 in pre-seed funding, this startup is set to transform the cybersecurity landscape for businesses through a unique gamified system. This milestone not only underscores the ongoing success of Lithuanian entrepreneurs but further solidifies Lithuania’s standing as a hub of technological innovation. The duo’s journey from launching Paysolut to its swift exit and now, their venture into cybersecurity, exemplifies the ambition and capability prevalent in Lithuania’s tech ecosystem. Read more about this one EU-Startups. The article is linked below 👇

🚀 Thriving Innovation: Israel's Tech Landscape in Q1 2024 🚀 The first quarter of 2024 has been phenomenal for the Israeli tech sector! We've witnessed a remarkable $1.6 billion raised across 105 rounds, showing a significant 10% increase from Q4 2023. This is a strong testament to the resilience and innovative spirit that fuels our tech community. 1. The cybersecurity sector led the charge with major fundraisings, including standout rounds for companies like Silverport and Axonius, underscoring our global leadership in cyber solutions. 2. Early-stage funding surged, with Seed and Series A rounds seeing a 48% increase, a clear signal of investor confidence in our emerging startups. 3. Despite regional tensions, foreign investment continued to rise, reflecting the enduring appeal of Israeli tech on the world stage. As we continue to navigate through challenges, these achievements reflect the dynamic capabilities and potential of our tech ecosystem. Looking forward to seeing more groundbreaking innovations as we move further into 2024! #IsraeliTech #Innovation #StartupFunding #TechTrends #Cybersecurity

Browning’s famous quote - “ Ah, but a man's reach should exceed his grasp, Or what's a heaven for?” Urges us to to strive and achieve - attemptting even those things that may turn out to be impossible. These days I gaze in awe at the Israeli tech sector that despite of everything that has happened since October 7th - we stand and deliver! Having recently returned from RSA and witnessing first hand the dominance of the Israeli Cyber eco-system presence and the disproportionate contribution - it is STILL surprising to see the seemingly impossible happen in front of your eyes — Twelve Israeli startups are featured in the Rising in Cyber list, which highlights the most promising cyber companies in the U.S. The project was organized by the global venture capital fund Notable Capital, in cooperation with the New York Stock Exchange, Fenwick, and HSBC Innovation Banking. The list includes: Gomboc, Oligo, and Wing among the 10 early-stage companies; Astrix, Descope, Gutsy and Grip at the mid-stage; and Cyera, Drata, Island, Orca, and Wiz at the growth stage. 12 out of 30! Israel Cyber Rocks! #Israelinnovation #deutschetelekom #Israelalwaysdelivers

Looking at the first half of 2024, it’s clear that Israel’s startup ecosystem continues to demonstrate resilience and growth, even amidst significant challenges. Startup Nation Central’s recent report, drawing from our comprehensive business engagement platform, Finder, shows that growth potential overshadowed risk, keeping the Israeli investment landscape vibrant. Read the full report here: https://okt.to/ftJPnk This pattern is particularly evident in the cybersecurity sector, which has played a pivotal role in the Israeli tech ecosystem and represents 52% of private funding in H1 2024. Global cyber trends, and recent notable investments and M&A activity with companies like Wiz, Palo Alto, and CrowdStrike further indicate the sector's attractiveness to investors. This trend is likewise reflected in the new Finder Equal-Weight (EW) Index, which tracks Israeli tech companies traded on NASDAQ. However, we must look beyond cybersecurity. It is crucial for the Israeli tech ecosystem to diversify its strengths. While cybersecurity remains a cornerstone, we must continue to nurture and invest in early-stage and early-growth companies across various sectors. By doing so, we can ensure that our innovation ecosystem not only thrives in the present but is also well-positioned to seize future opportunities. I am proud to see the resilience and growth of our Israeli tech investment landscape, especially following a challenging first half in 2024. This is a testament to the strength and determination of our ecosystem. As our bold, creative innovators continue to push boundaries and explore new frontiers, I invite you to join us in shaping the future of Israeli tech. #ImpatientInnovation #Startups #IsraeliTech #InvestmentOpportunities #Cybersecurity #StartupNationCentral

In a pre-Series A funding round headed by #venture capital Ideaspring Capital including Piper Serica Angel Fund, ClearTrust, a cyber security platform, secured $1.9 million. With the additional capital, the business intends to increase its #investment in deeptech, the field of cybersecurity, and artificial intelligence development and research as well as grow its presence in North America. Alacrity India, an existing investor, also took part in the round. Established in 2020 by Deepankar Biswas and Raja TN, ClearTrust offers Publishers and Media Buyers #protection against Invalid Traffic and assists them in adhering to the Media Rating Guidelines. ClearTrust, backed by Modulor Capital and Pentathlon Ventures, sets itself apart with its self-learning system, intelligence, and open filter structure, which enable it to respond to more recent IVT difficulties with the quickest turnaround times. ClearTrust Deeps Biswas Raja T N Abhay Agarwal Piper Serica Ideaspring Capital Read more - https://lnkd.in/gHr-c4CN To share your startup story write us on - startup@viestories.com #cleartrust #cybersecurity #startup #funding