Berlin, Germany - Michael Greve, founder of the Forever Healthy Foundation and owner of Kizoo Technology Ventures, announced today that he will make available an additional €300 million to be invested in rejuvenation biotech.
The funds, to be deployed via Kizoo, will be used to create and support more startups in the rejuvenation space. They will also allow Kizoo to maintain a strong commitment to its key startups during follow-up rounds and to advance the therapies from clinical development to public availability.
With this €300 million commitment, Michael Greve and Kizoo double down on their mission to accelerate the advent of rejuvenation biotechnology by doing lighthouse investments in entirely new, repair-based approaches that treat the root causes of aging and thus overcome age-related diseases. Through the creation of successful companies, they seek to inspire scientists, investors, and the general public by demonstrating that human rejuvenation is not science fiction anymore and that the resulting therapies are affordable and uncomplicated.
Technologies pioneered by Kizoo's startups include removal of arterial plaque, decalcification of aged tissue, breaking of protein-glucose cross-links, and delivery of new mitochondria to aged cells - all aiming to prevent and repair common age-related conditions such as myocardial infarction, stroke, high blood pressure, tissue stiffening, skin aging, and loss of muscle function.
"I am really grateful that we can use the funds we have created with our highly successful technology ventures to contribute to the quest to get aging under full medical control and to make age-related diseases a thing of the past. For me, it is a worthy cause that is exciting in a technological, commercial, and above all, a humanitarian way" says Michael Greve.
He expects that the new funds, in combination with the strong, multi-round commitment of Kizoo to its key startups, should trigger co-investments of up to 3-4 times the initial amount, resulting in a significant acceleration of the development and public availability of the therapies.
About Forever Healthy
Forever Healthy is a private, humanitarian initiative with the mission of enabling people to vastly extend their healthy lifespan.
Through its "Maximizing Health" and "Rejuvenation Now" initiatives Forever Healthy reviews the latest medical knowledge, creates actionable guides to maximize health and well-being, and evaluates currently available rejuvenation therapies.
The foundation's "Health & Longevity Strategy" combines the results of "Maximizing Health" and "Rejuvenation Now" with the latest knowledge from selected experts to create a step-by-step guide on how to maximize our health, well-being, and longevity right now.
Forever Healthy's annual Undoing Aging conference brings together leading scientists and startups from around the globe to accelerate the development of human rejuvenation therapies.
In addition, Forever Healthy seeks to accelerate the advent of rejuvenation biotechnology by funding translational research and supporting startups in the field.
For more information, please visit: forever-healthy.org
Kizoo provides mentoring, seed, and follow-on financing with a focus on rejuvenation biotech. Having been entrepreneurs, VC, and mentors in both high-growth tech and biotech companies ourselves for many years with multiple exits and massive value created for the founders, Kizoo now brings this experience to the emerging field of rejuvenation biotech. We see it as a young industry that will eventually outgrow today's largest technology markets.
As part of the Forever Healthy Group, Kizoo directly supports the creation of startups turning research on the root causes of aging into therapies and services for human application. Investments include Cellvie, Underdog, Revel Pharmaceuticals, Elastrin Therapeutics, and others.
For more information, please visit: kizoo.com