SciFounders
Up to US$1 million for technical founders building hard-science companies — open worldwide, no deadline, no application form.
SciFounders backs technical founders starting hard-science companies, writing cheques of up to US$1 million. There is no deadline, no application form and no business plan to write — you email them.
It is run by three people who started these companies themselves: Matt Krisiloff (CEO of Conception, previously director of Y Combinator Research and a founding team member of OpenAI), Lucas Harrington (co-founder of Mammoth Biosciences, PhD from Jennifer Doudna's lab at UC Berkeley) and Alexander Schubert (PhD in Molecular Biology at Cambridge, previously Research & Early Development at Genentech).
Yes. Asked directly whether they only invest in US companies, Sci
Founders say: "Both are OK. The only thing important to us is that you have the support you need wherever you are based."
One caveat, in their words: it is "ideal if you have incorporated in the US or are planning to do so." So an Indian founder is squarely in scope, but you should expect the US-entity question early. You do not need to relocate — the only place relocation comes up is lab space (below).
Their stated goal is to get more technical teams running their own companies. Three things matter:
You do not need a team. A solo founder can apply. You do not need to be incorporated — they help with company formation. You do not need a business plan: their FAQ answers the "I only know how to write grants" question with a no, you just have to explain what the company will do in a way that makes sense to a technical colleague outside your field.
The main focus right now is life sciences, but they are open elsewhere — asked whether they fund computer scientists and engineers building software or hardware companies, the answer is a flat yes. The bar is "novel technologies that have the potential to make a big difference in people's lives".
Free