Entrée Capital Raises $300 Million New Fund, Focused on Early Investments in AI, Cryptocurrency, and More
On November 28, CoinWorld reported that Entrée Capital announced the successful raising of a new $300 million fund, which focuses on early-stage investments. This brings the total assets under management by the company 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 empowering infrastructure); deep technology and quantum computing (including computational technology, science-driven systems, advanced materials, etc.); software, data, and B2B productivity enhancement; the cryptocurrency sector (focusing mainly on infrastructure and security); and unconventional frontier innovation. According to CoinWorld, Entrée Capital has previously invested in Web3 domain registrar Freename, Bitcoin payment startup Breez, among others.