Before we dive in

The average cost per million AI tokens dropped from $10 to $2.50 in a single year. With Anthropic slashing flagship pricing by 67% in February alone, the "cost debate" is officially dead. The conversation has moved to efficiency: how much intelligence you can extract per token, and how far inference can travel without a data center tether.
Our take: As LLMs migrate toward phones and embedded devices, the assumption that AI requires massive centralized infrastructure is being challenged in real time. Token optimization is the new competitive layer. While the data center boom dominates headlines, the "edge story" is just beginning and it might just rewrite the infrastructure playbook.

 

Exit Point

Bluewhite acquired by Elbit Systems

Elbit acquires Bluewhite, bringing the autonomous off-road mobility company into one of Israel's largest defense electronics corporations. Bluewhite's core technology — Pathfinder, a retrofit autonomy kit that converts conventional vehicles into fully autonomous platforms, and Compass, its cloud-based fleet management system — directly strengthens Elbit's deepening push into AI-powered autonomous systems. The acquisition plugs that stack directly into Elbit's multi-domain ecosystem, adding land to its aerial and swarm capabilities.

 

Recent Funding

NVision raises a $55M Series B

NVision raises $55M Series B to expand its new generation of quantum systems commercializing quantum computing (its PIQC platform) and quantum sensing, thereby transforming how diseases are understood, detected, and treated. Polaris, NVISION's flagship platform is a quantum-enhanced MRI solution that detects cancer without radiation and results in scans of up to 100,000x higher resolution than existing MRI machines. It plugs into existing MRI infrastructure and is already deployed in over 20 clinics. NVision's PIQC quantum computing platform engineers the quantum properties of organic molecules, and creats a scalable new path to quantum computing on photonic integrated circuits, without increasingly complex hardware.

 

Recent Funding

Vortex Imaging raises $12M

Vortex Imaging closed a $12M financing round to support regulatory clearance and market launch of its computational ultrasound system, which delivers high-quality 3D volumetric imaging at the point of care, without CT or MRI infrastructure, by applying Full-Waveform Inversion (originally a seismic oil-mapping technique) to human tissue. Alongside the funding, Vortex appoints Ori Hadomi (former CEO of Mazor Robotics, now Medtronic) as Chairman, and Chris Cleary (former M&A exec at Medtronic and GE Healthcare) to its board.

Portfolio Milestones

 

Gusto crossed $1 billion in annual revenue

Gusto has surpassed $1 billion in 12-month trailing revenue. It is more than a number. It represents the trust Gusto has earned with 500,000+ small business customers. With no urgency to raise, Gusto is increasingly drawing attention as a possible IPO candidate.

 

monday.com pivots to "AI Work Platform" and makes its first acquisition

monday.com officially repositioned from work management to an AI Work Platform, with native AI agents that operate alongside humans inside the same workflows with shared context, deployable by non-technical teams without engineering support. The company announced the platform is the result of fundamental product rebuilding over the past year, with agents and humans sharing a single canvas.
Alongside the rebrand, monday.com announced its first-ever acquisition: OneAI, an agentic voice technology team, whose capabilities will power voice SDRs, phone customer service, and customer interview automation.

 

BRIA AI's first live brand campaign lands on a London street wall

Bria launches a special initiative with Cathay Pacific and Publicis London: the first live campaign in London powered by Artfair by Bria. With Artfair, artists explicitly license their styles, retain control over how they are used, and get compensated when brands create with them. This model is now coming to life in the real world through a global campaign, public activation, and creator experience.

Portfolio News

  • Zorro named to Modern Healthcare's 2026 Best Places to Work in Healthcare, reflecting the mission-driven culture the company has built scaling in the ICHRA employee benefits space. » Read More

  • Classiq announced an enterprise quantum workflow collaboration with Oracle: a natural-language prompt generates a 36-qubit QAOA circuit and executes it on NVIDIA GPUs via Oracle Cloud Infrastructure. » Read More

  • Alta was featured by Calcalist as an Israeli startups to watch in 2026. Its AI GTM platform built to replace the work entirely rather than just assist with it. » Read More

  • Light shipped its 5th product update, including live SaaS metrics, physical cards, and flexible vendor credit notes, giving finance teams one source of truth instead of dueling spreadsheets. » Read More

  • caVos Biotech won the Startup Competition at Biomed Israel 2026 with its evolutionary intelligence platform — scanning the animal kingdom for naturally optimized genetic variants to develop therapies for fibrosis, oncology, and age-related disease. » Read More

  • Archy launched Archy Scribe, an AI clinical notes tool built directly into its dental practice management platform — transcribing appointments into structured notes and enabling hands-free perio charting by voice, with no extra tools or logins required. » Learn More

  • Anchor launched an MCP connector for Claude, letting users generate engagement letters, amend agreements, and track receivables via natural language. » Set it up

From the Entrée team

Avi Eyal is #43 on Forbes' global Midas List 2026

Avi Eyal, Entrée Capital's Managing Partner, has been named #43 on the Forbes Midas List 2026: The World's Best Venture Capital Investors!

Avi's track record speaks for itself: monday.com, Coupang, Riskified, Cazoo, SpaceX, Empathy, Rapyd, Gusto, and many more. » Access full list

Entrée Capital ranked in Dealroom's Power Law Investor Ranking 2026

The annual global league table of the world's top early-stage investors, tracked across nearly 20,000 firms by seed investments that reached $100M+ revenue. » Read More

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