Breakout Labs

Breakout Labs
Founded2012
FounderPeter Thiel
Headquarters38 Mesa St.,
ParentThiel Foundation
Websitebreakoutlabs.org

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]

Founding Team[citation needed]

Executive Director: Lindy Fishburne

Scientific Director: Hemai Parthasarathy

Program Manager: Leonore Reiser

  1. ^ Parthasarathy, Hemai; Fishburne, Lindy (2015). "Philanthropy's role in translating scientific innovation". Nature Biotechnology. 33 (10): 1022–1025. doi:10.1038/nbt.3369. ISSN 1087-0156.
  2. ^ "About Us page on Breakout Labs". Archived from the original on 2012-02-27. Retrieved 2012-06-08.
  3. ^ "FAQs page on Breakout Labs". Archived from the original on 2012-02-27. Retrieved 2012-06-08.

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