Breakout Labs
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Breakout Labs was a grant-making program of the Thiel Foundation (a philanthropic organization created by Peter Thiel) from 2011 until 2021. Breakout Labs issued convertible grants[1] for early-stage commercialization of scientific research that was considered too speculative or long-term to interest the for-profit sector (such as angel investors and venture capitalists) but may have been unsuitable for traditional sources of funding for scientific research due to its radical or offbeat nature.[2] Grants were made through a competitive application and selection process.[3]
Quick Facts Founded, Founder ...
Founded | 2012 |
---|---|
Founder | Peter Thiel |
Headquarters | 38 Mesa St., |
Parent | Thiel Foundation |
Website | breakoutlabs.org |
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Founding Team[citation needed]
Executive Director: Lindy Fishburne
Scientific Director: Hemai Parthasarathy
Program Manager: Leonore Reiser