ARTICLE | Finance
Spotlight on T1D
JDRF aims to attract private capital to Type I diabetes space
January 28, 2017 12:08 AM UTC
With a planned $80 million fund, JDRF aims to attract a wave of investment from VCs and strategic investors to early stage Type I diabetes companies.
JDRF announced the first close of the JDRF T1D Fund on Jan. 26 at $42 million, which includes $32 million from the non-profit and $10 million from private donors. JDRF expects to raise an additional $38 million from philanthropists in the next two years. ...
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