The Schmidt Family Foundation
Palo Alto, California, United StatesFounded 2006
The Schmidt Family Foundation employs a venture philanthropy approach, prioritizing social returns over financial gains to address global challenges. They utilize flexible capital, including low-interest loans, equity stakes, and recoverable grants, to invest in early-stage projects focused on environmental sustainability, such as clean energy, healthy food systems, and ocean health, as well as human rights and community development.
67% of their portfolio is in Climate & Energy. Their most common stage is series-a (67% of deals).
Portfolio
3
Fund Size
$2B
Top Stage
Series A
Last 12 Mo
0
Portfolio Breakdown
Stage Distribution
Sector Distribution
Portfolio
3 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| RRefiberd | Seed | $3.4M | Aug 2023 |
 Kelvin | Series A | $30M | May 2023 |
| NNebia | Series A | — | — |
Top Co-Investors
Apple1 shared
Airbnb1 shared
Better1 shared
Carnegie Mellon University1 shared
National Science Foundation1 shared
Last updated: 5 March 2026