E14 Fund is a venture capital fund headquartered in Boston, Massachusetts. It was launched in 2013 by the MIT Media Lab with goal of helping its participants turn the concepts they develop in the Media Lab into successful businesses. It makes early stage capital investments of between $500 to $1 million in technology companies founded by MIT Media Lab students, alumni, and faculty. It has invested in the artificial intelligence, drone, robotics, consumer products, digital media, and healthcare technology sectors. It provides mentoring and coaching to its portfolio companies. It hosts regular events and workshops for entrepreneurs at the Media Lab.
Timeline
Funded Companies
Elroy Air is an American startup company intending to replace land delivery trucks on inefficient routes with unmanned cargo aircraft.
A mobile application company connecting gamers to like-minded teammates. Its headquarters are located in New York City, New York and the company was founded in 2018.
Wise Systems is a Boston-based company founded by Layla Shaikley, Jemel Derbali and Ali Kamil.
Thruwave Inc. is a Seattle-based computer-assisted legal research company founded in 2017.