Ashton Kutcher is leaving Sound Ventures to launch a new venture capital firm with Morgan Beller. The new fund will target early-stage investments in AI infrastructure, energy, and deep tech startups, reflecting a shift in investment focus.
Ashton Kutcher is stepping away from Sound Ventures, the firm he co-founded with Guy Oseary 11 years ago. His departure is unrelated to any issues at Sound Ventures, which has successfully backed companies like Brex and Gusto, and was an early investor in OpenAI and Anthropic.
Kutcher's new firm, which co-founder Morgan Beller will lead, has not yet been named. Beller, previously a general partner at NFX and a partner at Andreessen Horowitz, brings significant experience in startup investment and cryptocurrency.
The new fund will target early-stage startups in AI infrastructure and deep tech, marking a departure from Soundβs strategy of investing in more established companies. This indicates a growing trend toward funding the foundational technologies that support AI innovations.
Despite leaving Sound Ventures, Kutcher will act as an adviser to the firm. Oseary and Sound general partner Effie Epstein will provide advisory support to Kutcher and Beller's new venture, maintaining ties between the two firms.
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Ashton Kutcher is leaving Sound Ventures to launch a new venture capital firm with Morgan Beller. The new fund will target early-stage investments in AI infrastructure, energy, and deep tech startups, reflecting a shift in investment focus.