Murtaza Bandukwala

General Partner @ New Era Ventures. SF-based. Product + ops background → VC.

Snapshot

Background

  • Education: Rochester Institute of Technology (RIT).
  • Product / Ops background (per his personal site self-description).
  • Path to VC: student investment scout for various funds/family offices → met Carter Steffes in “Gen Z VCs” Slack group → built syndicate together → fund (New Era Ventures, Fargo ND HQ; Murtaza in SF).

🎯 Personal “Deep Dives” (from his own site — high-signal thesis interests)

  1. AI InfrastructureDIRECT init.inc thesis match (the picks-and-shovels / agent-infra / MCP-auth / multi-tenant agent-access layer)
  2. Nuances in the U.S. healthcare pricing system
  3. “As medications continue to advance, how will clinical research keep up with demand”
  4. Commerce 10 years from now

Investing (per his personal site)

  • DeepMedia AI — pre-seed; generative AI for media localization at scale (deepmedia.ai). His one publicly listed investment.

Personal interests (rapport surface)

Basketball, startups, investing, reading, philosophy, snowboarding, swimming, Arabic, ice cream.

Fundraise Relationship (init.inc)

  • Context: Murtaza’s published “AI Infrastructure” deep-dive interest maps to init.inc’s thesis (see above). Operator-investor (product + ops background). New Era Ventures is small + early; check size unknown.
  • 2026-05-28 1pm — first meeting (45 min, Zoom). Murtaza sent the invite Wed 5/27.
  • Intro source: cold or unknown ^[needs-research] — no prior email thread.

new-era-ventures