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Schmidt Futures
Schmidt Futures invests in technology, scientific knowledge, and shared prosperity initiatives. The firm has made 17 investments, including a February 2024...
Overview
Schmidt Futures invests in technology, scientific knowledge, and shared prosperity initiatives. The firm has made 17 investments, including a February 2024 grant to Climate Policy Radar. Portfolio exits include Beam, which exited on February 3, 2026.
General information
Firm type
Initiative
Year founded
2017
Location
Region
North America
Country
United States
City
Washington
Corporate office
Washington, DC, United States
Additional offices
New York, NY · London, UK
Principals
Eric Schmidt
Co-Founder
Wendy Schmidt
Co-Founder
James Manyika
Board Member
Sector focus
Frequently asked questions
Who runs investment decisions at Schmidt Futures?
Schmidt Futures is not a for-profit investment vehicle; it disburses philanthropic grants rather than making market-rate investments. Programmatic and funding decisions are driven by the co-founders, Eric and Wendy Schmidt, working with senior leadership including board member James Manyika. The organization does not have a traditional investment committee allocating to external funds.
Does Schmidt Futures take equity positions or make venture investments?
No. Schmidt Futures functions exclusively as a philanthropic grantmaker and program operator, not as a venture capital fund or impact investor. Eric Schmidt maintains a separate family office, Hillspire, for his for-profit venture and real estate activities.
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