TL;DRKutcher is leaving Sound Ventures to co-found a new early-stage firm with Morgan Beller focused on AI infrastructure, energy, and deep tech.
Ashton Kutcher is leaving Sound Ventures, the firm he co-founded with Guy Oseary 11 years ago, to start a new venture capital firm with Morgan Beller, according to TechCrunch. The new firm will target early-stage investments in AI infrastructure, energy, and deep tech, areas where Kutcher believes the next generation of transformative companies will be built.
The split is partly strategic. Sound Ventures has drifted toward later-stage deals over the years, while Kutcher wants to return to backing founders at the earliest stages. The new firm’s name has not been disclosed, and neither has its fund size.
Beller brings a resume that spans some of the most prominent names in technology and venture capital. She co-led the creation of Libra, Meta’s cryptocurrency project that was later renamed Diem and eventually shut down. She then spent roughly three years as a partner at Andreessen Horowitz before joining NFX as a general partner.
The 💜 of EU techThe latest rumblings from the EU tech scene, a story from our wise ol' founder Boris, and some questionable AI art. It's free, every week, in your inbox. Sign up now!Kutcher’s track record as a technology investor has long outpaced his Hollywood reputation. Sound Ventures backed OpenAI and Anthropic before either company became a household name, alongside Brex, Gusto, and World Labs, the AI company founded by Stanford professor Fei-Fei Li. Stanford finance professor Ilya Strebulaev praised Kutcher’s investing record on X after the news broke, calling it one of the strongest in venture capital over the past decade.
