Innovation Endeavors

Innovation Endeavors is a Palo Alto, California–based early-stage venture capital firm founded in 2010 by Eric Schmidt and Dror Berman that invests in technology companies addressing complex engineering, data and computation-driven challenges. The firm focuses on seed and Series A financings, typically committing initial capital of roughly $1 M–$15 M and partnering closely with founders as active board members. Its investment thesis centers on what it terms the “Super Evolution,” the convergence of sensors, machine learning, cloud and advanced engineering to transform industries such as health, climate, computing infrastructure and physical systems. Innovation Endeavors has backed a broad portfolio of high-growth startups across AI, biotech, robotics and enterprise technology that have scaled commercially or achieved strategic outcomes. The firm operates with a long-term horizon and supports founders through commercialization, scaling and ecosystem development.