Founded by the Thiel Foundation in November 2011, Breakout Labs uses philanthropy to support a growing list of early-stage companies in areas ranging from food science and biomedicine to clean energy. For many of these companies, we were the first external investor.
The program provides up to $350,000 for companies to achieve specific milestones that are critical to their development. In addition to the funding, our grant recipients benefit directly from the Thiel Foundation’s large community of investors, innovators, and entrepreneurs.
Our program goes well beyond financial support. We also provide access to strategic mentorship and networking opportunities that enable further development for years to come.