Microsoft founder Gates commits USD 100M for fund, start-ups, to fight Alzheimer's.

Billionaire Microsoft co-founder Bill Gates is to invest USD 50M in the Dementia Discovery Fund, a venture capital fund that brings together industry and government to seek treatments for the brain-wasting disease.

The investment is not part of Gates’ philanthropic Bill & Melinda Gates Foundation and will be followed with another USD 50M in a number of start-up ventures working in Alzheimer’s research, Gates said.

“My background at Microsoft and my (Gates) Foundation background say to me that a data-driven contribution might be an area where I can help add some value,” he said.

Alongside the USD 50M investment in DDF and the additional USD 50M planned for start-ups, Gates said he would like to award a grant to build a global dementia data platform. This would make it easier for researchers to look for patterns and identify new pathways for treatment, he said.

Featured Posts
Recent Posts
Search By Tags
Follow Us
  • Facebook Classic
  • Twitter Classic
  • Google Classic