Israel, twenty eighth Apr 2025 – The AI in startups has been booming. With synthetic intelligence (AI) chatbots utilizing pure language processing to create humanlike conversational dialogue, main a large revolution for a lot of industries. AI is now all over the place and can proceed to evolve quick opening new alternatives.
Eric Banoun Investments is now searching for entrepreneurs experimenting within the safety area with AI. A recent fund has been ready specializing in fixing giant, urgent issues by innovation and expertise.
Talking to the media, Eric Banoun mentioned: “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 up to now has been a senior govt with a world observe report in main large-scale gross sales initiatives. As World VP of Gross sales at NICE Methods, drove main initiatives and market progress worldwide. Co-founded Circles Applied sciences (acquired in 2014), and held VP roles at ECI Telecom and Orckit, increasing gross sales in Asia and globally. Early profession included work with Boeing’s Inside Crashworthiness Division, partnering with main airways.
Eric now has a workforce which evaluates the startups and is now well-positioned to deal with bigger quantity offers. They need to make this fund extra accessible and inclusive for founders with a imaginative and prescient to enhance safety and defence.
Apply for funding by the web site: https://ericbanoun.com/apply/