eLab Ventures

2013

Founded

26

Investments

United States

Offices

Venture Fund

Investor Type

About

eLab Ventures is an early-stage venture capital firm founded in 2012, with offices in Ann Arbor, Michigan, and San Mateo, California. The firm specializes in investing in businesses where artificial intelligence (AI) plays a pivotal role in driving market disruption. eLab Ventures focuses on sectors such as information technology, mobility, and automotive manufacturing, with a particular emphasis on AI, software, and autonomous vehicles.

The firm's investment strategy targets seed and early-stage companies that demonstrate disruptive innovations, exceptional teams, and capital-efficient business models capable of addressing substantial market needs. eLab Ventures is committed to bridging the gap between emerging entrepreneurial ecosystems and established markets, leveraging its dual presence in the Midwest and Silicon Valley to provide startups with access to a broad network of resources, expertise, and funding sources. The firm's mission is to nurture transformative ideas by connecting entrepreneurs with the necessary capital and support to build impactful companies.

Portfolio Companies

Voxel51, MemryX, Traxen, Cobalt (cobalt.io), Rachio, Blue Medora, Aperia Technologies, Clinc

Gepgraphic Focus

United States

Key Differentiators

Dual presence in Ann Arbor, Michigan, and San Mateo, California, bridging Midwest innovation with Silicon Valley resources, Focus on AI-driven market disruption across multiple sectors, Commitment to supporting diverse founders and reducing historical inequities in entrepreneurial ecosystems

Thypical Investment Size

$1,000,000

Total Funds Raised

$80,000,000

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Artificial Intelligence & Machine Learning (AI/ML)

Robotics

Enterprise

Hardware

Pre-Seed

Seed

Series A

United States