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      DIG Ventures closes $120 million third fund, focusing on pre-seed and seed-stage AI infrastructure

      PANews, October 1 — According to Tech.eu, venture capital firm DIG Ventures announced that its third fund has completed a $120 million raise. Limited partners include Horsley Bridge, Sofina, Granite, and a top U.S. university endowment, among others.

      The fund will focus on pre-seed and seed-stage AI-native enterprise software and cloud infrastructure startups, with an emphasis on infrastructure areas such as data, identity, compliance, and orchestration that underpin the development of AI-native software. The fund plans to lead most investment rounds, and capital has already begun to be deployed.


      Source: PANews
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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud