Innovation Endeavors
Palo Alto, California, United StatesFounded 2010
AIBiotech & Life SciencesClimate & EnergyRobotics & AutomationInfrastructure & CloudCybersecurityHealthcareMobility & TransportationFood & AgricultureE-Commerce & MarketplaceDefense & Space
Innovation Endeavors is an early-stage venture capital firm built for technical founders defining what comes next. The firm's central thesis, the Super Evolution, combines data, computational capacity, and advanced engineering to transform industries across AI, computing infrastructure, robotics, electrification, and biology.
Deal activity decreased year-over-year (6 deals in the last 12 months vs 11 prior). Average disclosed round size is $36.8M (across 203 rounds with reported amounts).
Portfolio
144
Fund Size
$630M
Top Stage
Series A
Last 12 Mo
6
Team
Eric Schmidt
Founding Partner
Rick Scanlon
Founding Partner
Jørgen Vig Knudstorp
Partner and Executive Advisor
Josh Berglund
Venture Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
222 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 LightTable | Series A | $22M | May 2026 |
 Conduit | Seed | $6M | Mar 2026 |
 Datarails | Series C | $70M | Jan 2026 |
 Think Bioscience | Series A | $55M | Jan 2026 |
 Conduit | Seed | $6M | Jan 2026 |
 Trunk | Series B | $40M | Jan 2026 |
 ElectronX | Series A | $30M | Nov 2025 |
 Inception | Seed | $50M | Nov 2025 |
| LightTable | Seed | $6M | Aug 2025 |
| IIntuigenceAI | Seed | $10M | Jul 2025 |
 Parspec | Series A | $20M | Jul 2025 |
 Extend | Seed | $17M | Jun 2025 |
 Extend | Series A | $17M | Jun 2025 |
| Extend | Series A | $17M | Jun 2025 |
 Capsule | Series A | $12M | Apr 2025 |
| ElectronX | Strategic | $10M | Feb 2025 |
 Character Bio | Series B | $93M | Jan 2025 |
 Bauplan Labs | Seed | $7.5M | Jan 2025 |
| Trunk | Series B | — | Jan 2025 |
| IInception AI | Unknown | $50M | Jan 2025 |
| Parspec | Series A | $20M | Jan 2025 |
 Trunk Tools | Series B | $40M | Jan 2025 |
 Augment | Series B | $227M | Nov 2024 |
 Third Wave | Series C | $27M | Oct 2024 |
 Third Wave Automation | Series C | $27M | Oct 2024 |
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Top Co-Investors
Insight Partners23 shared
Lightspeed Venture Partners17 shared
DCVC17 shared
Founders Fund17 shared
AME Cloud Ventures15 shared
Bessemer Venture Partners14 shared
Y Combinator12 shared
Khosla Ventures10 shared
Menlo Ventures9 shared
General Catalyst8 shared
Stanford's StartX Fund7 shared
Prelude Ventures7 shared
Venrock7 shared
Index Ventures7 shared
Salesforce Ventures7 shared
Andreessen Horowitz7 shared
S28 Capital6 shared
Draper Fisher Jurvetson6 shared
First Round Capital6 shared
AME6 shared
Last updated: 7 October 2026