Reshaping the way
innovation is funded
Founded by the Thiel Foundation in November 2011, Breakout Labs uses philanthropy to support a growing list of early-stage companies in areas ranging from food science and biomedicine to clean energy. For many of these companies, we were the first external investor.
The program provides up to $350,000 for companies to achieve specific milestones that are critical to their development. In addition to the funding, our grant recipients benefit directly from the Thiel Foundation’s large community of investors, innovators, and entrepreneurs.
Our program goes well beyond financial support. We also provide access to strategic mentorship and networking opportunities that enable further development for years to come. Successful grantees contribute to the next generation of scientific innovation, in accordance with the terms of our grant agreement.
Pushing the Boundaries of What’s Possible
Today, there are many scientists with bold ideas that could have tremendous value for society. Too often, they don’t receive the support they need to launch from the lab and into our economy. We want to give those radical ideas a chance to thrive. We want to jailbreak them from existing research institutions and set them free. We want to champion technology that has the potential to change the world and take our civilization to the next level.
So we created Breakout Labs, a new funding and support mechanism for radical science companies. We use philanthropic funds to advance big ideas and give them the attention they deserve from traditional investors and funding agencies. Our portfolio companies are building things that have never been thought of before, pushing the boundaries of what’s possible instead of settling for what’s probable.
Atoms are harder than bits, but the people at the Breakout Labs’ companies are bold and dedicated to a definite view of the future. We believe they’ll prove that new science addressing hard problems can create great businesses that make our lives better.
Breakout Labs, Thiel Foundation
One Letterman Drive Bldg. C, Suite 400
San Francisco, CA 94129