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January 9, 2023

I’m excited to share the news that Eniac led a $3.1 million seed funding round in Attention last year, which was announced today in TechCrunch.

We love working with repeat founders — and in this case, Attention’s Anis Bennaceur (CEO) and Matthias Wickenburg (CTO) actually used to compete against each other at their respective startups Mixer and Swipecast.

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September 21, 2022

Why we invested in TrueFoundry

September 21, 2022

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July 19, 2022

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May 17, 2022

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March 3, 2022

We’re thrilled to share that our portfolio company Rarify just raised a $10 million Series A, at a $100 million valuation, led by Pantera Capital. It’s only been a few months since we invested in the startup’s $2 million seed round, but we already feels like we made a smart bet.

With its Commerce API, Rarify makes it easy for any company to introduce NFTs to their platforms. It also offers API access to historical data on NFT assets across multiple blockchains, as well an NFT Embeds product to simplify NFT discovery and check-out.

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February 10, 2022

Our portfolio company Wallaroo just announced that it has raised $25 million in Series A funding. The round was led by Microsoft’s venture fund M12, and Eniac was thrilled to participate.

CEO Vid Jain founded Wallaroo in 2017, after nine years at Merrill Lynch, followed by a startup where he tried to build analytics applications for large banks — in both roles, he saw many of the challenges faced by teams deploying machine learning models to improve business outcomes.

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January 19, 2022

Why we invested in Wrangle

January 19, 2022

We’re excited to announce that Eniac Ventures has backed Wrangle. We led the startup’s recent $2 million pre-seed round alongside our friends at Bloomberg Beta, with funding also coming from Liquid 2 Ventures, Hustle Fund, and more than 20 angels.

This isn’t our first investment in “the future of work” — we’ve backed startups like FortressIQ (a company focused on robotic process automation, or RPA) and Eden Workplace (a marketplace for SaaS products helping to smooth the transition to hybrid labor).

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December 16, 2021

Today, we are excited to announce our investment in Phytoform, with participation from our friends at Pale Blue Dot and Wireframe Ventures.

At Eniac, we are big believers in the future of sustainable agriculture withexisting bets that include Vence (regenerative agriculture for cattle) and Iron Ox (AI autonomous farming). As the climate crisis looms, we’ve looked closely at how computational genomics can be leveraged to reduce food waste and bring higher quality diverse produce to market. Our investment in Phytoform sits at the intersection of our work in sustainability and agriculture, along with our long-time interest in genomics. Phytoform is Eniac’s first bet in computational biology, and we look forward to more investments in the category.

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November 4, 2021

Why we invested in Propelo

November 4, 2021

We’re excited to share that Propelo just announced its $12 million Series A.

We first invested in the company’s seed round in 2019, back it was known as LevelOps. But we haven’t said much about the investment publicly until today, when — along with revealing the series A — founder/CEO Nishant Doshi and his team also publicly launched the Propelo platform.

Like so many of our seed deals, we backed the company when it was pre-product and pre-launch. The reason was simple: Nishant. He’s a repeat entrepreneur, and when his previous startup CirroSecure was acquired by Palo Alto Networks, he became the larger company’s vice president of engineering.

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August 23, 2021

We are excited to announce that we’ve co-led $3 million in seed funding in Givz with our friends at Vinyl.

We’re particularly pleased to be partnering with founders Andrew Forman, Jay Henderson, Eric Carlstrom, and their team to build a company that helps consumers give back while also increasing merchants’ top lines.

Givz is enabling the substitution of discounting for charitable giving. Charitable giving at the point of checkout has been proven to increase conversion for merchants while also having the added benefit of improvement in brand equity.

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