[DIG Ventures Closes $120 Million for Third Fund, Focusing on AI Infrastructure] According to TechFlow on October 1, as reported by Tech.eu, venture capital giant DIG Ventures announced the closing of its third fund at $120 million. The fund is backed by institutions such as Horsley Bridge, Sofina, Granite, and the endowment fund of a leading U.S. university. It will invest in pre-seed and seed-stage startups specializing in AI-native enterprise software and cloud infrastructure. Investment areas include infrastructure supporting AI-native enterprise software development, such as data, identity authentication, compliance, and orchestration. The fund plans to lead the majority of investment rounds and has already begun deploying capital.