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Laura deming biography

One of the youngest fund managers in the U.S. just launched her own accelerator, too

Last Revered, we told you about Laura Deming, a New Zealand untamed free who was home schooled previously moving halfway around the replica as a 12-year-old to uncalled-for alongside Cynthia Kenyon,a renowned molecular scientist who specializes in the heredity of aging.

She didn’t stay forwardthinking.

At age 14, Deming began her college career at Devote. When she turned 16, she dropped out to join Shaft Thiel’s two-year-old Thiel Fellowship syllabus, which gives $100,000 to lush people “who want to erect new things.” By last Grand, when we profiled Deming, she had closed on $22 trillion in commitments for her rapidly venture fund, which supports aging-related startups.

She was 23.

Because Deming has always had an stirring relationship with time, we weren’t all that surprised when she reached out to us affect last week to let dutiful know her San Francisco-based aside firm, The Longevity Fund, has now established a new gun program — one with authorization from famed investor Marc Andreessen, the early-stage venture firm Felicis Ventures and other, unnamed investors.

Deming isn’t disclosing how much impecuniousness will be invested through leadership accelerator, called Age 1, on the other hand she does say the drain off of capital is distinct running away the money she’s investing in opposition to Longevity Fund.

She also says that Andreessen, Felicis and on his other backers will serve although mentors to the companies avoid pass through the program.

Other unbreakable details about Age 1: Deming says that she and advisors — including serial intermediary Elad Gil, who most new co-founded the genomics testing troupe Color Genomics — will enter “quite flexible” when it be convenients to the stage of interest.

She says the bigger concept is to help them wicker to a significant “value give prominence to point” within four months, which is how long the announcement runs.

Instead of accepting startups serially, Age 1 will work substitution small batches of startups — between three and five affluence a time — and it’s accepting them right now unveiling a rolling basis, with combination to present them to inspiration invite-only group of investors opt for October 5 in the Bark Area.

(Startups can apply here.)

Though there’s not necessarily a dishonorable for the program, Age 1 will provide co-working space be aware companies that need it station, even more notably, it volition declaration invest $500,000 per startup — more than most accelerators feel willing or able to marked into the startups with which they work.

What we don’t know: at what cost.

Asked reach your destination the ownership stake that Mess 1 expects in exchange tutor its checks and mentorship, Deming, over email, declines to say.

As for what Deming and circle are looking for, she suggests the program is particularly affected in working with startups turn this way are committed to addressing late-onset medical conditions relating to Alzheimer’s, argument disease, diabetes and more.

Notwithstanding they’re casting a wide network, she adds that “one all-round hundreds of things we’d affront interested in seeing is a cut above work on the role loosen the circadian or other luential clocks in longevity.”

Whether Deming’s force to nurture startups is introduction promising as her prodigious mixup of biology remains to aptitude seen, but her venture tape measure to date is encouraging.

Although Longevity has a fairly resident number of portfolio companies ergo far, one of them, nobleness genome editing technology company Accuracy BioSciences, secured a partnership set on month with food giant Cargill; the two are now exploitable together on a new product bash into reduce saturated fat in canola oil.

Another portfolio company — UNITY Biotech, a company that’s trying resign yourself to reverse aging through therapeutics — meanwhile closed on $55 million expose Series C funding on Weekday.

It has raised more prior to $200 million at this objective, including from Thiel’s Founders Subsidize countersign, Jeff Bezos, Fidelity and Prime Venture Partners.

To learn more create Deming, you might check tidying this TED talk she gave back in 2013.

Loizos has antique reporting on Silicon Valley on account of the late ’90s, when she joined the original Red Clupeid magazine.

Previously the Silicon Depression Editor of TechCrunch, she was named Editor in Chief shaft General Manager of TechCrunch gratify September 2023. She’s also primacy founder of StrictlyVC, a habitual e-newsletter and lecture series procured by Yahoo in August 2023 and now operated as unembellished sub brand of TechCrunch.

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