E14 Fund

E14 Fund is a venture fund born at the MIT Media Lab. It supports and invests in startups whose key contributors come from MIT or the Media Lab, from recent graduates to alumni who left decades ago. It works with students months or even years ahead of investing, but makes no investment before they have left MIT.

Services

• Early-stage investment: backing at the earliest stages of a company.
• E14 Fellows: a continuous fellowship investment programme for companies not yet ready for a larger cheque, with no fixed schedule or milestones.
• Coaching and feedback: opinions on a roadmap, help with customer development and introductions to customers or co-founders.

Who it works with

MIT and Media Lab founders, wherever their companies are based. Portfolio names on its site include Wise Systems, Spatial, Volta Labs, Kiwi, Ori, ThruWave, Formlabs, Tulip, Overjet, Sourcemap, Secure AI Labs, OPT Industries and FIGUR8.

Key facts

• Origin: MIT Media Lab
• Giving back: donates a portion of its profits to MIT
• Conflict rule: invests only once core founders have left the Media Lab