Tag: eniac ventures
Seed firm Eniac Ventures raises $125M for its fifth fund
Eniac Ventures, a seed firm with a focus on New York startups, is announcing its fifth fund totaling $125 million. Eniac’s four general partners — Hadley Harris, Nihal Mehta, Vic Singh and Tim Young — have been making seed investments together for more than a decade, and they’ve known each other…
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Venture firms rush to find ways to support Black founders and investors
As protests against police brutality and economic manifestations of systemic racism in the U.S. continue, venture capital firms are joining the chorus of technology industry advocates lending their support to the cause. For the past three days, technology company executives and the investors who backed them have issued statements of…
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Autonomous aviation startup Xwing raises $10M to scale its software for pilotless flights
Autonomous aviation startup Xwing locked in a $10 million funding round before COVID-19 hit. Now the San Francisco-based startup is using the capital to hire talent and scale the development of its software stack as it aims for commercial operations later this year — pending FAA approvals. The company announced…
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Here’s how to help restaurants while socially distancing yourself
The restaurant industry might look a lot different once we come out of this pandemic. As social distancing and lockdowns ripple across the nation in an attempt to fight COVID-19, some restaurants won’t be able to handle the lack of income and might tip into bankruptcy. Some might never reopen…
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