Enkadon Capital

Eniac Ventures is an early-stage investment firm headquartered in NYC. Since our formation in 2009, we’ve been committed to backing highly technical founders who embody our values of authenticity, boldness, curiosity, and scrappiness. At Eniac, we believe that providing capital is just the beginning of the VC/founder journey and pride ourselves on the deep relationships we build with our founders.

Our mission is to turn groundbreaking AI research into transformative investments, fueling the next generation of AI-first startups. Research-driven: We prioritize in-depth research, bringing cutting-edge intelligence to our portfolio companies and community. First check investors: Value is created at the earliest stage. That’s why we are usually the first institutional check into seed and preseed startups. AI-focused: We believe AI is a supercycle technology that will create transformative value. We back startups that are AI-first. Pioneering a new way of seed investing We are a venture fund that’s built like a startup and we’re trying to chart a new course in seed-and pre-seed-stage investing. Founded in 2021, Leonis Capital was born from the vision that AI is a supercycle technology that would power the next industrial revolution. We realized the immense potential of technological breakthroughs and made it our mission to back the new generation of AI-first companies. From day one, we’ve believed in a thesis-driven approach to investing and resisted the spray-and-pray style that unfortunately characterizes many early-stage investors. Along the way, we have come to realize the massive perceptive gap between the world of cutting-edge research and venture capital -- it would take years, if not decades for VCs to realize a trend that’s been developing in research circles. But it is these trends that ultimately shape the face of technology startups. We decided to pioneer a research-driven approach to investing in early-stage AI companies. This means investing a lot of time and energy in understanding the fundamental technological trends and their commercial applications. To us, “research” does not only mean technical research, but also research on markets, customers, and macro economic trends. This is why we built a multidisciplinary team with backgrounds spanning investing, operating, and technical research. Doing research at the early-stage is hard, especially when there is so little information about the market and the companies. But here are some things that we do to help us identify new opportunities: Reading state-of-the-art research papers. Building test projects with the newest models and developer tools. Collaborating with domain experts to map out AI applications in specific verticals. Today, more than 80% of our investments are driven by our research. Our research efforts have also helped us accumulate deep domain expertise that benefit our portfolio companies and the Leonis ecosystem.

Our investment criteria screens for the top startups in every YC batch focusing on founder-market fit, deep technical experience, past startup successes, emerging markets. We have co-invested with some of the top names in early stage venture including Pioneer Fund, SV Angel, Soma Capital, Liquid 2 Ventures, Rebel Fund and others.

We invest in University of Colorado entrepreneurs. We partner with these entrepreneurs to build impactful and profitable businesses. Our companies’ successes provide strong capital appreciation to our partners. We are not a part of the University of Colorado, but we have a formal partnership with Venture Partners at CU Boulder to find the best investment opportunities in their pipeline. Who We Invest InCU Founders (past or present: Faculty or Students) Companies licensing CU Intellectual Property What We Invest InDisruptive Technologies, solving Large Problems Founders from all backgrounds, with a Passion to Build. How We InvestWe invest Seed & Series A Capital We provide Follow-On Capital and assist with syndication We work alongside entrepreneurs early to build successful teams

We built a full framework to back founders from seed to market leadership. One clear path with the right tools, people, and momentum. G-Seed starts it. G+ scales it. Mach5 accelerates it. G-Club surrounds it. Focused on Cybersecurity and AI, Glilot brings hands-on experience, flexible capital, and a global network that delivers results. We cover every stage with real, hands-on support.

We invest in early stage AI & Deeptech companies from the Middle East, Europe and North America to accelerate the transformation of our region’s economies. Since 2018 we have invested in 13+ companies with a global footprint, and worked with advisors, partners and co-investors from across the world.