PANews, November 28th news, according to official news, Entrée Capital announced the successful raising of a new fund of 300 million USD, which focuses on early-stage investments. This brings the total assets under management to 1.5 billion USD. The new funds will primarily be deployed in pre-seed, seed, and Series A investment projects in Israel, the UK, Europe, and the USA. The new fund will target founders in the following areas: artificial intelligence (covering native AI applications, vertical AI, and enabling infrastructure); Depth technology and Quantum Computing (including computing technology, science-driven systems, advanced materials, etc.); software, data, and B2B productivity enhancement; Crypto Assets field (focusing mainly on infrastructure and security); unconventional frontier innovation.
It is reported that Entrée Capital has previously invested in Web3 domain registrar Freename, Bitcoin payment startup Breez, and others.
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