
The E14 Fund
Description
The E14 Fund is a distinctive early-stage venture capital firm uniquely positioned within the Massachusetts Institute of Technology (MIT) ecosystem. Established with the explicit mission to back startups founded by members of the MIT community, including students, faculty, staff, and alumni, E14 Fund leverages its deep institutional ties to source and support groundbreaking innovations. This specialized focus allows the fund to access a proprietary deal flow of high-potential, technology-driven ventures emerging directly from one of the world's leading research universities.
Operating primarily at the pre-seed and seed stages, E14 Fund often serves as the crucial first institutional investor for these nascent companies. Their investment thesis is heavily concentrated on deep technology sectors, reflecting the core strengths of MIT's research output. This includes areas such as artificial intelligence, robotics, biotechnology, advanced materials, clean energy, and complex enterprise software solutions. The fund's typical initial investment ranges from $250,000 to $1 million, providing essential capital to help these early-stage ventures validate their technology, build initial teams, and achieve critical milestones.
Beyond capital deployment, E14 Fund emphasizes a hands-on approach, offering strategic guidance, operational support, and unparalleled access to a vast network of MIT alumni, industry experts, and potential customers. This value-add is designed to accelerate the growth and de-risk the development of their portfolio companies. The fund successfully closed its second vehicle, E14 Fund II, at $40 million in 2021, building on the success of its inaugural $25 million fund. This growth underscores their commitment and capacity to continue fostering innovation within the MIT entrepreneurial landscape, making them a significant player in the deep tech early-stage investment space.
Investor Profile
The E14 Fund has backed more than 99 startups, with 7 new investments in the last 12 months alone. The firm has led 10 rounds, about 10% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in United States, Israel, The Netherlands.
- Strong thematic focus on Software, Artificial Intelligence (AI), Machine Learning.
- Led 1 rounds in the past year.
- Typical check size: $250K – $1M.
Stage Focus
- Seed (44%)
- Series A (18%)
- Pre Seed (17%)
- Non Equity Assistance (8%)
- Series B (7%)
- Series Unknown (3%)
- Series C (1%)
- Convertible Note (1%)
Country Focus
- United States (90%)
- Israel (4%)
- The Netherlands (2%)
- Colombia (1%)
- Canada (1%)
- United Kingdom (1%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Machine Learning
- Health Care
- Information Technology
- Biotechnology
- Robotics
- Manufacturing
- Hardware
- Consumer Electronics
Frequently Asked Questions
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