Entrée Capital raises $300 million for a new fund, focusing on early investments in AI, cryptocurrency, and more

According to official news, Entrée Capital announced the successful raising of a new fund of $300 million, which focuses on early-stage investments. This brings the total assets under management to $1.5 billion. The new funds will primarily be deployed in pre-seed, seed, and Series A investment projects in Israel, the UK, Europe, and the United States.

The new fund will target founders in the following areas: artificial intelligence (covering native AI applications, vertical AI, and enabling infrastructure); deep tech and quantum computing (including computational technologies, science-driven systems, advanced materials, etc.); software, data, and B2B productivity enhancement; the cryptocurrency sector (mainly focusing on infrastructure and security); and unconventional frontier innovations. It is reported that Entrée Capital has previously invested in Web3 domain registrar Freename, Bitcoin payment startup Breez, among others.