FOUNDER.org, the global investor for young innovators, welcomes new startups to the Class of 2016. To get started, each team will receive up to $100,000 in funding awards. The entrepreneurs engage in 8D, the FOUNDER.org company building program.
Annually, FOUNDER.org selects startups that are solving some of the planet’s biggest problems, founded by students and recent alumni from universities around the world. This year’s applicants hail from 45 schools across Europe and the North America, representing 9 countries and more than 20 different industries including space technology, life sciences, mass customization, agriculture 2.0, industrial sensors, robotics, digital health and genomics.
One of the selected companies is SUN Bioscience, a spin-off from EPFL. The start-up is active in the field of personalized medicine. Today, medical therapies work according to the « one drug fits all » principle. However a patient’s reaction to a drug is as diverse as our population. Personalized medicine is the future for more effective treatments with fewer side effects. And organoids promise to be the first step. They are personal miniature organs on a laboratory dish that can be used for drug testing or generating safe transplantable tissues. SUN bioscience has developed an efficient high-throughput long-term culture platform for organoids, which is already being tested in high profile laboratories across Europe.
You can watch a video of a pitch of co-founder Sylke Hoehnel at our video section.
Started in 2012, by serial entrepreneur Michael Baum, the founding CEO of big data pioneer Splunk (NASDAQ: SPLK), FOUNDER.org has engaged over 100 startups in the 8D program and further invested in 20 companies through its investment fund. Michael Baum explains, “Our mission is to support the next generation of courageous innovators to help them alter the future in profoundly positive ways. We focus on startups with the biggest ideas that are going to have a measurable impact on our world.”
FOUNDER.org will be announcing this year’s $10,000, $50,000 and $100,000 funding awards at the World Founder Forum in Stockholm on June 14-17. This year, the World Founder Forum will be hosted at KTH The Royal Institute of Technology in Stockholm, Sweden.
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