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Innovation Endeavors, the fund backed by Google’s Eric Schmidt, has for years now been taking a novel approach to working on difficult and still-evolving problems like cybersecurity and food shortages: it sets up incubators that bring together different stakeholders to identify, develop and fund ways of tackling these issues. Today, Innovation unveiled the latest of these: a new project called Deep Life, which aims to identify tricky problems in the world of life sciences, and figure out how to use computer science — specifically innovations in areas like machine learning — to help fix them.
Target areas will include therapeutics, diagnostics and industrial life sciences in biology, chemistry and other fields; and Deep Life will provide startups with “investment capital across all stages of growth; access to experts, including scientists and decision-makers; proprietary data sets; early feedback on product; identification of market needs; initial customers and potential partners. In exchange for their startup support, Deep Life member organizations gain access to emerging technologies and hard-to-find talent,” according to a blog post introducing the new project penned by Innovation Endeavors’ co-founder Dror Berman.
Life - Fruits - Efforts - Pitch - Day
Deep Life will unveil the first fruits of its efforts during a pitch day on May 30, and it’s accepting applications for places as of right now.
Alternately called an “ecosystem” and “collective”, Deep Life — in the words of Berman — is “taking inspiration” from Farm2050 and Team8, the two other incubators that the firm helped create in past years. The model is to bring in a number of big names and then — in addition to building on ideas — then fund startups to productise them. Eventually, they are spun out as independent companies that get acquired (here and here) or continue to operate independently.
Incubators - Deep - Life - Knowledge - Number
As with these two other incubators, Deep Life is harnessing collective knowledge from a number...
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