Schmidt Futures

Schmidt Futures is a philanthropic initiative established in 2017 by Eric and Wendy Schmidt, based in New York. The organization aims to enhance societal outcomes by fostering the development of emerging science and technologies that serve the public good. It employs a diverse array of strategies, including grants, investments, and support for startups, to promote charitable and educational endeavors. Schmidt Futures primarily focuses on sectors such as education and energy, working to drive innovation and positive change through its funding and initiatives.

Kumar Garg

Vice President of Partnerships

14 past transactions

Climate Policy Radar

Seed Round in 2024
Climate Policy Radar is a nonprofit organization that offers machine learning, climate legislation, and digital ecosystem services.

Cloudline

Seed Round in 2023
Cloudline is a comprehensive platform designed for leisure and entertainment businesses. It aids these companies in increasing sales, reducing operational costs, and enhancing customer experiences through personalization.

Cloudline

Seed Round in 2023
Cloudline specializes in emissions-free aviation using lighter-than-air technology and solar power. It offers logistics services, including drone deliveries of large payloads, goods transportation, data gathering, maintenance inspections, and surveillance. The company connects isolated communities to global supply chains, benefiting remote areas such as rural villages, island nations, and disaster-stricken regions.

Difon

Series A in 2023
Difon is a technology company specializing in smart window solutions. Founded in 2021 as a spin-off from Hyundai Motor Group, Difon aims to enhance living spaces by developing and manufacturing smart films that regulate sunlight transmittance. The company focuses on creating products that benefit both consumers and society, with a strong commitment to sustainability.

Common Trust

Seed Round in 2023
Common Trust facilitates employee ownership buyouts for small businesses. It assists selling owners, management teams, and investors in developing, financing, and executing these buyouts, enabling business owners to access liquidity while preserving their company's legacy, purpose, and people.

Cloudline

Pre Seed Round in 2023
Cloudline specializes in emissions-free aviation using lighter-than-air technology and solar power. It offers logistics services, including drone deliveries of large payloads, goods transportation, data gathering, maintenance inspections, and surveillance. The company connects isolated communities to global supply chains, benefiting remote areas such as rural villages, island nations, and disaster-stricken regions.

Climb Hire

Grant in 2023
Climb Hire provides a learning community and new tech skills. Their alumni support the next cohort of climbers as facilitators, mentors, and coaches. Their curriculum blends technical and soft-skills training with a community of peers.

inCitu

Pre Seed Round in 2022
inCitu is a social-impact software company that offers an augmented reality platform for visualizing urban development projects and engaging communities. The platform presents life-sized 3D visualizations, real-time data, and intuitive tools to showcase future city designs, enabling architects, planners, and residents to collaborate, assess proposed changes, and make informed decisions about urban planning and development.

Beam

Series A in 2022
Beam streamlines intricate government program processes using configurable, intelligent workflows. Its platform supports end-to-end administration of programs, including application processing, eligibility determination, case management, payment handling, and reporting.

Canopie

Grant in 2022
Canopie is a mental health care company focused on addressing maternal depression and anxiety through a digital platform. The platform offers customized, audio-based programs and automated coaching that utilize clinically validated therapeutic techniques, including adaptations of cognitive behavioral therapy and compassion-focused treatment. By collaborating with cities, payers, health systems, and healthcare providers, Canopie aims to deliver effective and affordable care for mothers, overcoming barriers such as cost, scheduling, time, and stigma. The company's innovative approach is designed to support pregnant women and new mothers in preventing and treating common mental health challenges, making it a scalable solution in maternal mental health care.

Introbot

Pre Seed Round in 2022
Introbot offers real-time, verified resource information via WhatsApp, including oxygen cylinders, medicine, hospital beds, and ambulances. This helps users provide a centralized information source for virtual communities.

Tech Matters

Seed Round in 2020
Tech Matters, Inc. is an IT consultancy firm based in Palo Alto, California, established in 2009. The company specializes in providing technology solutions for social organizations, focusing on areas such as IT infrastructure for helplines and addressing unjust labor practices. Tech Matters aims to connect donors, policymakers, and business leaders to leverage technology for social impact, facilitating systems change by enhancing the technological capabilities of organizations that tackle significant social issues. Through its services, Tech Matters strives to empower entities that are actively working to create positive societal change.

WattBuy

Seed Round in 2019
WattBuy is a technology company focused on providing households with access to cleaner and more affordable electricity. Headquartered in New York City, Washington D.C., and Seattle, the company comprises a team of product leaders and engineers with backgrounds from major tech firms. WattBuy has developed an electricity management platform that allows users to take control of their electricity consumption. Through a personalized recommendation engine, the platform helps residents select electricity plans tailored to their preferences and usage patterns, enabling them to save money and switch to the most cost-effective suppliers in their regions. The company's mission centers on leveraging technology to address energy inequality and contribute positively to climate change.

MIT Solve

Grant in 2019
MIT Solve is an accelerator based in Cambridge, Massachusetts, established in 2016 as an initiative of the Massachusetts Institute of Technology. Its mission is to advance sustainable and equitable solutions to address some of the world's most pressing challenges. Each year, MIT Solve issues Global Challenges to identify promising teams of tech entrepreneurs who can drive significant change. The organization fosters a community of leaders and changemakers, facilitating partnerships that help these solver teams scale their impact. Rooted in MIT's commitment to open technological innovation and actionable thought leadership, MIT Solve aims to harness fresh ideas and collaborative efforts to create a better future for all.
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