Entrée Capital raises $300 million in new fund, focusing on early-stage investments in AI, cryptocurrencies, and other sectors.

Odaily Planet Daily reports that Entrée Capital has announced the successful raising of a new $300 million fund focused on early-stage investments, bringing the company's total assets under management to $1.5 billion. The new funds will primarily be deployed in pre-seed, seed, and Series A investments in Israel, the UK, Europe, and the US. The fund will target sectors including artificial intelligence (covering native AI applications, vertical AI, and enabling infrastructure), deep learning and quantum computing (including computing technologies, science-driven systems, and advanced materials), software, data and B2B productivity enhancement, cryptocurrency (primarily focusing on infrastructure and security), and unconventional cutting-edge innovation.

It is understood that Entrée Capital has previously invested in Web3 domain registrar Freename and Bitcoin payment startup Breez, among others.