Forest’s Nonprofit Advantage
In March 2024, Convergent Research announced support from former Google CEO Eric Schmidt and Wendy Schmidt to Forest Neurotech*. As a Focused Research Organization (FRO), Forest Neurotech is a new breed of nonprofit startup. FROs are an innovative funding structure engineered to support moonshot efforts that create new scientific tools and datasets. As a FRO, Forest can focus on impactful applications and scientific dissemination, ensuring maximum public benefit without commercial constraints. Forest's state-of-the-art tools, research, and discoveries will be shared with the broader scientific community, aligning with its commitment to open science.
*In addition to support from Eric Schmidt, Forest Neurotech has received funding from Griffin Catalyst, the philanthropic organization of Citadel CEO Kenneth C. Griffin, the Riley & Susan Bechtel Foundation, and James Fickel.