From our first fund in 2010 at $1.6m to announcing $220m today, we remain steadfast in our mission to serve founders at the earliest stages. We are grateful to our founders, LPs, co-investors and the community for letting us continue doing what we love. techcrunch.com/2024/04/24/se…

Lovable is acquiring Sutro! It's been a fantastic experience working with Tomas since leading their pre-seed round. Excited to see the value of what they built recognized by Lovable and that they will now be an integral part of how things get built going forward!

I’ve received tons of messages today from Founders asking what their options are now that Pulley announced they are shutting down and will stop operations on December 8th, 2026. Good news: Mantle is here to help. 1/ We’re currently providing concierge onboarding for companies migrating from Pulley to Mantle; we start the process within one business day. 2/ You’ll get $100 off our annual Mantle Essentials plan of $1,200 (until December 8, 2026). 3/ You get what thousands of Founders already rely on Mantle for: flat-rate pricing that doesn’t creep up on you, unlimited stakeholders on all plans, new features every month, and a support team that knows you by name and not a ticket number. Let us take care of you: equity.withmantle.com/signup #pulleyshutdown

This is likely driven by a combination of: 1. Rogue agent swarms (see OpenAI x Hugging Face) 2. Recursive self-improvement outpacing alignment 3. Writing the rules before regulators do

When the most successful robotics commercialization leader in history — who also happens to be your old friend of two decades — starts a new company and calls you first, you don’t need a deck to decide to invest. Today, @dynamicreatures comes out of stealth, along with their robots designed solely to delight humans and make people feel welcome. Think character robots that come to you, interact, and respond to the situation, whether that’s in a theme park or at a museum. Not your scheduled animatronics that are the same show every time or your simple robotic hot pot server. Dynamic Creatures’s co-founder & CEO is Marc Theerman, who took Boston Dynamics' Spot and Stretch robots from 0 to over $100M ARR. No one else in the world has ever done that with real robots in real environments. We met twenty years ago as competitors when he was running Yellowpepper and I was running ipsh!, two SMS marketing platforms jockeying for position in an industry that didn’t yet exist. Instead of rivals, we became friends over a long stretch of dinners at Mobile World Congress in Barcelona that we came to call “Ocean’s 11.” I've had a front-row seat to Marc’s career ever since, through AdMeld, Google, Millennial Media, Verizon, Google again, and then Boston Dynamics, where he turned a legendary research lab into a real commercial business. So when Marc started thinking about building something of his own, I knew he could do it. Marc is a Human Unicorn — a founder whose entire career turns out to have been preparation for one specific company, Dynamic Creatures. He and CTO Farbod Farshidian (former research leader at the Robotics and AI Institute and one of the leading minds in learning-based control) are building interactive robots for entertainment and hospitality. Mobile characters that move naturally through a guest environment, understand the context of your encounter, and respond to you rather than giving a canned performance. No programmed puppets. No room service bots. A genuinely new category, running on Dynamic Creatures’ SnowJay platform, which brings robotics, real-time perception, adaptive behavior, character design, and costuming all together in one. Dynamic Creatures is launching as Boston Dynamics' official entertainment and hospitality partner. And they’re already at work with a major theme park and a large retailer. @EniacVC is proud to lead the seed alongside @stevejang and @KindredVentures, with Heliad, Sunshine Lake and Bluegrass Ventures Group, plus @rwong, Marc Raibert and Lukas M. Ziegler. Marc, this was twenty years in the making. Go make people believe in magic again.

Big news from our portfolio company @truefoundry, the leading enterprise AI gateway for LLMs, MCPs and agents, trusted by the world's biggest companies. They just open sourced their agent harness, TrueForge. Any model, any MCP server, same accuracy at up to 50% lower cost.

Sixteen years ago we were a $1.6M fund backing the best founders we could find, to today investing out of our $160M Eniac VI. Our job has changed more with AI in the last 18 months than in the decade before it. What has not changed is the part nobody can automate. Be a good human. Give without asking. Show up again and again. That is the whole engine behind it all. Thanks @HarlemCapital and @wallstreetpaper for having me! Full episode link in comments.

This morning on @CNBC's Morning Call, our CEO @tejpaul joined @MorganLBrennan to discuss why the space economy needs a financial exchange. Nebra Exchange is now live. Revenue awaits for those with an invite. Ask your investors for an invite.

Proud of portfolio company @LunarOutpostInc’s partnership with @nvidia to put GPU’s on the Moon!

My entire stack runs off @zocomputer, a Linux box in the cloud. It runs models off my own Claude Code and Codex subscriptions, runs the native Zo harness but also Hermes, and is wired into all our @EniacVC MCPs: Superhuman, Affinity, Slack, Google Workspace. Also build and host my own apps on it, like a Fable-powered email triage client. Couldn't recommend it more.

Excited to share that @embracemobile has been acquired by @PaloAltoNtwks! I'll never forget the day @efutoran first walked into our office. He was pre-everything but able to sketch out in detail exactly what he wanted to build. The wild part: Embrace today still maps almost exactly to what he laid out that morning. That kind of clarity is rare, and it's usually born from real pain. Eric had lived his firsthand as cofounder/COO of @Scopely, where engineers were flying blind on why their mobile product broke for real users. Embrace gives them eyes on every single user session. Supporting founders like Eric through all the twists and turns, ups and downs, is exactly what I love about this job. Somewhere along the way we went from partners to friends. Congrats to Eric and the whole Embrace team!

She dropped out of Harvard Business School to build one of fintech's defining companies. Then she sold it to Northwestern Mutual and launched a nearly $1B venture platform. @alexavontobel doesn't do "safe." On the latest @humanunicornpod 🦄 EP34, Alexa joined us for a conversation about conviction, resilience, and what actually separates extraordinary founders from everyone else. We got into: → The LearnVest journey — and what selling a category-defining company really taught her → How @InspiredCap spots exceptional founders before the rest of the world catches on → What AI is doing to startups, investing, and the future of work → Why she believes building companies is ultimately about serving humanity, not just returns Alexa is one of the most respected founders-turned-investors out there, and it shows in every answer. 39 minutes worth your time. Link in comments. PS- We recorded this before the Knicks championship and called it like many of us -- #Knicksin5!! 🦄

Our portco @truefoundry showing this ad for their AI gateway at cricket matches in the Bay Area is the best targeting ever

Just putting this back out there

Thank you to our dear friend @fnthawar, Head of Engineering at @Shopify, running an org of some of the world's best 3000+ engineers, for speaking with our founders yesterday at @EniacVC in SoHo. Six lines stuck with me: 1) Pairing an engineer with a weak model is like starting Bellingham over Messi. Shopify uses zero open source models for code. Only frontier. 2) They distilled one workflow down and cut costs from $30M a year to $1M. 3) Top engineers are up 2 to 3x. The bottom third is up maybe 15 percent. The gap is widening fast. 4) He wants teams of 12 to become teams of 4. Product, design, data, and eng, collapsed into one role. 5) Every interview now has three rounds. No AI. AI optional. AI mandatory. 6) Every PR still has one human name on it. That hasn't changed. The floor is rising but the ceiling is infinite. Even more bullish on the future of software. Thank you Farhan!

I met @tejpaul in New York in the early 2010s. We were both building startups. Two guys figuring it out as we went. Half the time we had no idea what we were doing. We learned together anyway. Then he left for Google. Years later, on a @PitchandrunNYC, we were a sounding board as he worked his way into space. We always knew he was special. But watching him command thousands of people for that operation was purely magical. June 2025. Cape Canaveral. A Falcon 9 carrying four astronauts to the ISS, including Shubhanshu Shukla, just the second Indian astronaut ever to reach space. As a kid of Indian immigrants, watching that rocket climb hit different. Tej was CEO of Axiom Space, and he ran that mission. We happened to see him literally the same day he was leaving Axiom. And before he told his wife, before there was a company, before he even knew he wanted to build again, we told him we were in. No deck. No name. No plan. Just Tej. An N of 1 human with the most epic space network and passion on the planet. An undeniable fervor to create space access's first marketplace and fintech platform. Today, Nebex announces its $30M seed. @EniacVC co-led with @GVteam. We've said it before. We back founders doing their life's work. We've had a front row seat to Tej doing his for more than a decade. To the moon! 🚀 (Article link in comments)

nir zicherman (@NirZicherman), co-founder and ceo of Oboe, joins us as the next guest in our series spotlighting creative leaders building in AI. nir taught himself to program in law school, co-founded Anchor, sold it to Spotify, and went on to build the audiobooks business there (thank you nir, i use it every day). now he’s building Oboe, a consumer learning platform rooted in the belief that billions of people already use the internet to learn, and yet none of the tools they reach for were built to teach them. Oboe stands out as one of the rare consumer AI products going broad and global rather than narrow, built by a founder building for the ambitious, long term. link to full interview in the thread.

These guys have been badly out-executing the rest of the category since we led their seed round. No wonder Ramp's data ranks them the fastest-growing AI GTM product, and they just announced their Series B. Super excited to keep backing them!

Today we're thrilled to announce Attention's $30M Series B, led by RTP Global with participation from Aglae, Alven, Eniac Ventures, and Linea. We started Attention with the goal of automating work out of your sales conversations, and analyzing calls to fill the CRM was only the beginning. Insights-only tools aren't enough - AI shouldn't just watch the call, it needs to take action. By not only automating admin work, but also running the next play, we give revenue teams a closed-loop system that gets smarter every time. This funding takes us to the next step: an autonomous action engine that surfaces and executes your rep's highest-impact next moves. We've 4x'd our ARR over 12 months, grown our ACV 10x, and now run over 20 million agent actions a month for 500+ customers, including incredible companies like BambooHR, Lovable, Scale AI, Abridge, and Elise AI. A special thanks to all of our customers (including the founders and operators who angel invested in this round!) for your continued trust, our team for your hard work, and our existing and new investors for all your help. So much more to come! ⚡️

"The next billion-dollar companies won't look anything like the SaaS companies you know." That's @jakesaper, GP at @emergencecap — one of the firms that backed the SaaS era in the first place (Salesforce, Zoom, Veeva, Gusto, Doximity, Bill etc). So when he says the playbook is changing, I listen. We just dropped Human Unicorn 🦄 EP33 and Jake didn't hold back: → The one trait that separates good founders from great ones (most people get this wrong) → Why AI is quietly rewriting how startups get built from day one → What "founder-market fit" actually means when real money is on the line → The fundraising advice he'd give founders right now If you're building or investing in this market, this is 34 minutes well spent. Link in comments below. 🦄

Founder mistake: board meetings become status updates. Send the deck early, require everyone reads it, then spend the time tackling the 1-3 biggest questions facing the business.