DIG Ventures has closed its third fund at $120 million, backed by limited partners including Horsley Bridge, Sofina, Granite, and a top U.S. university endowment. The firm will focus on pre-seed and seed-stage AI-native enterprise software and cloud infrastructure startups. Investments will prioritize foundational infrastructure areas such as data, identity, compliance, and orchestration that support AI-native software development. DIG Ventures plans to lead most investment rounds and has already begun deploying capital from the new fund.