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 cloud-based platform designed to support leisure and entertainment businesses in enhancing their operations. By offering a comprehensive suite of tools, Cloudline enables these organizations to increase sales, lower operational costs, and provide personalized experiences for their customers. The platform includes visitor experience and site management technology that automates ordering workflows, allowing businesses to manage their operations more efficiently. This focus on automation and customer satisfaction helps organizations consistently engage and delight their visitors, ultimately driving growth and improving overall performance in the leisure and entertainment sectors.

Cloudline

Seed Round in 2023
Cloudline is a logistics services provider that utilizes lighter-than-air technology powered by solar energy to facilitate emissions-free aviation. The company operates remotely piloted long-range autonomous airships capable of transporting large payloads, gathering data, and conducting maintenance inspections. Its primary mission is to connect isolated communities worldwide to the global supply chain through drone deliveries, particularly in rural villages, island nations, and disaster-stricken areas, enabling access to international aid without significant infrastructure investments.

Difon

Series A in 2023
Difon is a company specializing in smart window technology that regulates sunlight transmittance. Established in 2021 as a spin-off from Hyundai Motor Group, Difon aims to become a leading provider of smart film solutions. The company focuses on enhancing living spaces through ongoing research and development, as well as the manufacturing of innovative smart films. Its products offer active sunlight blocking, privacy, and UV protection, contributing to energy savings in cooling and heating. To promote the adoption of smart film technology, Difon has built a strong supply chain by forming strategic alliances with glass manufacturers, automobile original equipment manufacturers, and construction firms. Committed to sustainability and social responsibility, Difon strives to create products that positively impact consumers and society.

Common Trust

Seed Round in 2023
Common Trust is a platform designed to facilitate employee ownership buyouts, enabling small business owners to achieve liquidity by selling their businesses to their employees. The company collaborates closely with selling owners, management teams, and investors to create, finance, and implement tailored employee ownership transitions. Its approach is centered on ensuring that business owners can execute a profitable exit strategy that aligns with their values, legacy, and purpose. Through its methodology, Common Trust empowers owners to structure sales that benefit key stakeholders while providing immediate financial returns. This focus on employee ownership aims to preserve the company’s culture and enhance its long-term success.

Cloudline

Pre Seed Round in 2023
Cloudline is a logistics services provider that utilizes lighter-than-air technology powered by solar energy to facilitate emissions-free aviation. The company operates remotely piloted long-range autonomous airships capable of transporting large payloads, gathering data, and conducting maintenance inspections. Its primary mission is to connect isolated communities worldwide to the global supply chain through drone deliveries, particularly in rural villages, island nations, and disaster-stricken areas, enabling access to international aid without significant infrastructure investments.

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 application that focuses on democratizing urban planning through community engagement and augmented reality. The company has developed a platform that utilizes augmented animations to visualize proposed developments in real time, overlaying 3D models on existing environments. This innovative approach allows clients to assess the potential impact of projects while actively crowdsourcing feedback from local residents. By leveraging mapping technology, inCitu enables communities to envision future urban landscapes, fostering a collaborative dialogue between developers and citizens.

Beam

Series A in 2022
Beam simplifies complex government program journeys with configurable, intelligent end-to-end workflows. Beam's platform helps government administer programs end-to-end, including application, eligibility determination, case management, payment, and reporting -- from simple programs like emergency relief to the most complex like housing voucher programs.

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 is a company that specializes in developing chatbot software aimed at providing real-time, verified resource information. This includes essential items such as oxygen cylinders, medicine, hospital beds, and ambulances. By utilizing social media platforms like WhatsApp, Introbot enables users to access a centralized source of information, facilitating communication within virtual communities. The company's focus is on enhancing the accessibility and reliability of critical resources, thereby improving the overall efficiency of information dissemination during emergencies.

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.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.