June 2026

Last month we noted that the cost debate was over — token prices had collapsed and the conversation had moved to efficiency. The architecture shift behind that move is now coming into focus.
What's emerging is hybrid inference: small, domain-specific models running at the edge handle the bulk of requests, while large foundation models serve as a backstop for complex reasoning that genuinely needs them. Apple Intelligence is already built this way, and today, open weights like Microsoft's Phi-4 and Google's Gemma 4 run locally on standard laptops.
Our take: While frontier labs like Anthropic double down on multi-billion-dollar compute clusters to keep scaling a raw intelligence, The commercial moat for enterprises is shifting from "biggest model" to "best fine-tuned specialist", and the effects are already visible across our portfolio.

PointFive raises $60M Series B to dominate AI and cloud efficiency.
We've backed PointFive since their first days, when cloud cost was a contrarian bet and FinOps was niche. AI changed the game. Now, with over 6x ARR growth and enterprises confronting the cost of running AI as a fast-growing new line item, PointFive is launching the AI Efficiency OS and TokenShift- bringing continuous cloud and AI optimization directly into engineering workflows, from infrastructure to coding agents.
Read announcement.

Founded by Yadin Soffer, Asher Katz, and Gilad Adin, Traysar is building the world's first subterra defense platform. Autonomous systems designed to navigate, map, breach, and operate beneath the Earth's surface.
Thousands of military facilities worldwide are concealed underground. Traysar's vision is to close that gap and make the underground just another dimension of the battlefield.
We're happy to back the team and welcome them to the Entrée Capital portfolio!

The leading Israeli outlet Globes named Quantum Art at #2 and Sensi.AI at #8 on its Most Promising Startups 2026 list.
Quantum Art design and build scalable, commercial quantum computing solutions. Not optimizing existing architecture, but rethinking it entirely. The kind of bet that looks audacious until it doesn't.
Sensi.AI is using AI to detect behavioral patterns in older adults that signal early-stage disease — before symptoms appear, before a diagnosis, before it's too late to act. Passive monitoring that could change how we think about aging care.

(English version)

Regal hit 500 million calls made by AI agents, the equivalent of 408 years of conversation time, growing exponentially since 2020. These metrics show what that actually looks like: AI agents that run real conversations, close deals, and cut costs for the businesses that moved early.

Shapes launches “Vibe Views Hub“, pioneering in bringing vibe coding to HR for the first time. A community marketplace where people leaders can browse tools built by other teams, get inspired, and remix any prompt for their own org. Compensation simulators, pay equity dashboards, and more: the same "build anything by describing it" energy that transformed software development, now inside the HR stack.