New Philanthropic Venture Fund Launches to Invest in Companies Tackling Type 1 Diabetes

New Philanthropic Venture Fund Launches to Invest in Companies Tackling Type 1 Diabetes

The big type 1 diabetes foundation JDRF this week launched a new financial vehicle to more nimbly invest in companies developing medicines or devices for type 1 diabetes. The JDRF T1D Fund, as the vehicle is being called, launches with $42 million and aims to raise $80 million in its first two years. The new…