How Onde works
Onde has two arms and one mission.
The grant foundation receives gifts from people, foundations and companies. It funds research teams through their universities, hospitals and institutes. Patents stay with the institution.
Our venture arm invests in companies once they can carry it. Some grow out of our grants. Others come to us directly.
Returns go back to the mission. If a company we back succeeds, the money comes back to fund more work. It never goes to donors.
Who decides
An independent scientific advisory board reviews grant applications. Investment decisions are made separately. The people who choose grants hold no shares in the companies Onde backs.
Gifts from companies
Companies that give to Onde have no say in which projects we fund. We will publish every gift from a pharmaceutical company.