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Eniac Ventures Raises $220M Across Two Fund Formations

April 24, 2024Client News

Gunderson Dettmer represented client Eniac Ventures, a seed-stage firm, in the formation of its new $160M Eniac Ventures VI seed stage fund, as well as its existing $60M Eniac Select I opportunity fund. The firm invests in US-based companies operating in the B2B, financial technology, healthcare, artificial intelligence, biotechnology, sustainability, web3 sectors and more. Select I is the firm’s 2021 vintage (but not previously announced) vehicle for follow-on later-stage investments in existing portfolio companies. The firm intends to make approximately 40 investments across both funds.

The Gunderson Dettmer team was led by Jeff Bloom and included Samantha Herschmann, Peter Seppi, Amanda Chan and Casey Stevens.

Companies
Eniac Ventures