Huoxing Finance reports that, according to market sources, leading venture capital firm DIG Ventures has announced the closing of its third fund with $120 million in commitments. The fund is backed by institutional investors including Horsley Bridge, Sofina, Granite, and a top U.S. university endowment, and will invest in early-stage AI-native enterprise software and cloud infrastructure startups at the Pre-seed and Seed stages. Investment focus areas include foundational infrastructure supporting AI-native enterprise software, such as data, identity, compliance, and orchestration. The fund plans to lead the majority of its investment rounds and has already begun deploying capital.
DIG Ventures Completes $120 Million Fundraising for AI Infrastructure Investments
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Summary
DIG Ventures has completed a $120 million fundraising for its third fund, which will focus on pre-seed and seed-stage AI-native enterprise software and cloud infrastructure startups. The fund has received backing from Horsley Bridge, Sofina, Granite, and a top U.S. university endowment fund. On-chain data shows strong institutional interest in AI infrastructure. The fund will target areas such as data, identity, compliance, and orchestration. It plans to lead most investment rounds and has already begun deploying capital. The move aligns with a bullish sentiment reflected in the fear and greed index across the tech and crypto sectors.
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