Innovation Endeavors
| ISIN | 🆔 |
|---|---|
| Founded 📆 | 2010 |
| Founder 👔 | Eric Schmidt, Dror Berman |
| Headquarters 🏙️ | , , United States |
Area served 🗺️ | |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Innovation Endeavors is a venture capital firm founded in 2010.[1][2] The firm is based in Palo Alto, California,[3] and, as of 2018, managed $1 billion.[4]
History[edit]
Innovation Endeavors was co-founded by Eric Schmidt[5] and Dror Berman in 2010.[3][2] Its first two funds were financed by Schmidt.[4] Some of its earliest investments were Uber, SoFi,[6] and Planet Labs, Inc., among others.[4] In addition to investments, the firm established Curiosity Camp[6] and “ecosystems” for startups, stakeholders and industry experts working to address global challenges.[7][2]
The firm announced its third fund in 2018, having raised $333 million[2] with the intention of investing in “transformative technologies”.[4][2]
In 2021, the firm announced Fund IV, a $500 million fund.[6]
References[edit]
- ↑ Quittner, Jeremy (June 22, 2015). "How Eric Schmidt Plans to Save the World". www.inc.com.
- ↑ 2.0 2.1 2.2 2.3 2.4 Hale, Conor (April 10, 2019). "Innovation Endeavors launches Deep Life startup ecosystem aimed at fostering evolutionary change". www.fiercebiotech.com.
- ↑ 3.0 3.1 MacMillan, Douglas (July 28, 2011). "Eric Schmidt's Newest VC Fund". Bloomberg Businessweek.
- ↑ 4.0 4.1 4.2 4.3 Wenkert, Amarelle (June 6, 2018). "Eric Schmidt's Innovation Endeavors Announces New Fund and New Partner". www.calcalistech.com.
- ↑ Berg, Nate (August 6, 2020). "Starbucks, PepsiCo, and BMW partner to fix a global problem worth trillions". Fast Company.
- ↑ 6.0 6.1 6.2 Levy, Steven (October 8, 2021). "Eric Schmidt is Funding 'Super Evolution'". Wired.
- ↑ Lunden, Ingrid (April 10, 2019). "Innovation Endeavors debuts Deep Life, an incubator focused on the intersection of life science and computer science". Tech Crunch.
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