Our Mission: Fueling the AI-Industrial Revolution Our mission is to fuel the AI-industrial revolution, backing startups that are not just digitizing but fundamentally reshaping these sectors with AI at the heart of their innovation. We're not interested in incremental change - we're looking for the game-changers, the rule-breakers, the visionaries who dare to dream big and have the audacity to make it happen.
Essentia Ventures的外部链接
US，CA，San Francisco
Co-Founder | Partner @ Essentia Ventures | ex. Founding MP Hella Ventures | Industrial AI
In today's episode, we dissect Epoch's AI Report on the future of scaling, AI compute and infrastructure. Remember to ?????????????????? on LinkedIn https://lnkd.in/gM2cNj2Z OpenAI, Anthropic, Microsoft, Google, Generative AI, Tau Motors, Essentia Ventures, Jordan Greene, Frank Huber, Steven Hong, PhD, Marco Marinucci, Mary Chan, Jon Lauckner
We are thrilled to announce that our portfolio company Kinetic just raised a $21M Series B from Menlo Ventures
Co-Founder | Partner @ Essentia Ventures | ex. Founding MP Hella Ventures | Industrial AI
I am thrilled to share that Kinetic, our portfolio company, has successfully closed a $?????? ???????????? ?? ?????????????????? ??????????! Only ?? ???????? ?????? ?? ???????????? ?????????? ??????????????????????????. An automotive VC-backed company record! https://lnkd.in/g4SASvmP Congratulations to my friend Nikhil Naikal and his phenomenal co-founder and technical lead Sander Marques. This round was led by Shawn Carolan at Menlo Ventures, with participation from our primary insiders, including Bilal Zuberi (Lux Capital), Rachel Holt (Construct Capital), and Semil Shah (Haystack). Additionally, strategic venture arms from Liberty Mutual Insurance and Allstate joined the round. The automotive industry is undergoing a significant transformation, shifting from mechanical complexity to digital intricacy. Modern vehicles now contain approximately 100 million lines of code, thousands of semiconductor chips, and numerous sensors, making repairs increasingly challenging. Despite these advancements, the automotive aftermarket has seen minimal technological innovation and investment over the years. Kinetic is poised to change that landscape. Lora Kolodny at CNBC wrote an excellent article about Kinetic and our recent fundraising efforts, which you can read here: https://lnkd.in/gcE65HwM Essentia Ventures, Jordan Greene, Steven Hong, PhD, Frank Huber, Jon Lauckner, Mary Chan
Kinetic is a prime example of AI enabling a Silicon Valley startup to entirely revolutionize a tremendously large market with automation, robotics and AI. The US auto service and repair market is $280 billion strong! ++???????????????????? ???????? ?????????????? ??????????++ ?????? ???????? ???????? Kinetic has around 100 customers now, mostly collision centers. It has 3 "?????????????? ????????" doing repairs in Santa Ana and San Bernardino in California, and Las Vegas. ???????? ?????????????? ???????????????? ???? ???????????????????????? ??????????????, "???????? ???? ???? ??????????????????," Naikal said. Kinetic will expand into more warm-weather states next winter, Naikal said, but the entire U.S. is a potential market. ???? ?????????? ?????????? ?????????? ?????????? ???? ?????????? ?????? ?? ??????, ?????? ???????? ?????? ?????????? ???? ???? ???? ?????????????????? ???? ???????????? ?????? ???????????? ???? ?????????????? ???????? ??????????????????????.?"?????? ???????? ???????????? ????????-???????? ???????????????? ???????? ??????????????," he said. ?????????????? ?????????????????????? ?????? ?????????????????? ??????????????, ?????????????????? ?????????????????? ?????? ?? ?????????????????? ???????????????? ???????????? ????????, ?????????????????? ????????. "?????????????????? ???????? ???????? ???? ?????????? ???? ???????? ???? ?????????? ???? ????????????????," he said. ???? ???????????? ???? ???????????????? ???????? ???? ????????????????, ?????? ???????????? ?????? ?????????????????????????? ???????? ???????? ??????????????, ?????????????????? ????????. "???????? ?????? [???????? ??????????????????????????] ?????? ???? ?????????? ?? [????????????????], ???? ?????????????? ?? ?????????????????? ????????????????,"?he said. "?????? ?????? ???????? ???????????? ?????? ???? ?????? ?????? ?????????? ???? ?????? ?????????????????????? ????????????????????." Congrats also from my side Nikhil Naikal, Sander Marques and a big Thank You to Alysha Webb and Automotive News. Essentia Ventures Jordan Greene Frank Huber Steven Hong, PhD
Co-Founder | Partner @ Essentia Ventures | ex. Founding MP Hella Ventures | Industrial AI
Kinetic is a prime example of AI enabling a Silicon Valley startup to entirely revolutionize a tremendously large market with automation, robotics and AI. The US auto service and repair market is $280 billion strong! ++???????????????????? ???????? ?????????????? ??????????++ ?????? ???????? ???????? Kinetic has around 100 customers now, mostly collision centers. It has 3 "?????????????? ????????" doing repairs in Santa Ana and San Bernardino in California, and Las Vegas. ???????? ?????????????? ???????????????? ???? ???????????????????????? ??????????????, "???????? ???? ???? ??????????????????," Naikal said. Kinetic will expand into more warm-weather states next winter, Naikal said, but the entire U.S. is a potential market. ???? ?????????? ?????????? ?????????? ?????????? ???? ?????????? ?????? ?? ??????, ?????? ???????? ?????? ?????????? ???? ???? ???? ?????????????????? ???? ???????????? ?????? ???????????? ???? ?????????????? ???????? ??????????????????????.?"?????? ???????? ???????????? ????????-???????? ???????????????? ???????? ??????????????," he said. ?????????????? ?????????????????????? ?????? ?????????????????? ??????????????, ?????????????????? ?????????????????? ?????? ?? ?????????????????? ???????????????? ???????????? ????????, ?????????????????? ????????. "?????????????????? ???????? ???????? ???? ?????????? ???? ???????? ???? ?????????? ???? ????????????????," he said. ???? ???????????? ???? ???????????????? ???????? ???? ????????????????, ?????? ???????????? ?????? ?????????????????????????? ???????? ???????? ??????????????... "???????? ?????? [???????? ??????????????????????????] ?????? ???? ?????????? ?? [????????????????], ???? ?????????????? ?? ?????????????????? ????????????????,"?he said. "?????? ?????? ???????? ???????????? ?????? ???? ?????? ?????? ?????????? ???? ?????? ?????????????????????? ????????????????????." Congrats also from my side Nikhil Naikal, Sander Marques and a big Thank You to Alysha Webb and Automotive News. Essentia Ventures Jordan Greene Frank Huber Steven Hong, PhD https://lnkd.in/gbwPrQvH
Congratulations to our cofounder Jordan Greene for receiving the prestigious MotorTrend Group #SDV Innovator Award 2024. Essentia Ventures Jordan Greene Marco Marinucci Jan Becker Apex.AI
Exciting to see Investment Principal Christoph K. from NEOM with our Co-Founder Marco Marinucci at NEOM's grand opening of their NYC-based US headquarters. At Essentia Ventures, we are excited to embark on a long-term and mutually beneficial partnership with the Saudi mega project NEOM. Currently, safe to say, the best-funded project on Earth.
Get ready to see AI revolutionize team dynamics like you've never seen before! The future of artificial intelligence is multi-agents - imagine GPTs and bots sparking off conversations, system-to-system AI pioneering digital teamwork. It's not just your average AI. It's AI supercharged, running your workflows, transforming every aspect of daily operations. Think about this: you draft an email, AI finishes it. You begin to plan a schedule, AI perfects it. A glimpse of an image in your mind, AI creates it. The single-task AI we know today is only the primer, a precursor to the coming era of multitask AI. Multi-task AI is not just coming, it's racing towards us.
Ever wondered why some folks are wary about the rise of superhuman Artificial General Intelligence (AGI)? They often gauge the potential risks based on their personal reactions if they found themselves in the AGI's 'cyber-shoes.' But it's not all doom and gloom! People who tend to forecast doom may lack broader perspectives, but this doesn't make them wrong but exposes broader fears in the general public that need to be addressed diligently. After all, we're venturing into uncharted territory. Food for thought!