Article · Wikipedia archive · Last revised Jun 20, 2026

Convergent Research

Convergent Research is an incubator for philanthropic ventures founded in 2021 and funded by Eric Schmidt, Wendy Schmidt and Ken Griffin as part of the Schmidt Sciences Network. Convergent Research is designed to identify high-impact scientific or technological R&D fields, then launch companies to address these fields with a structure they call Focused Research Organizations (FROs). As of 2023, there are 7 FROs.

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Convergent Research is an incubator for philanthropic ventures founded in 2021 and funded by Eric Schmidt, Wendy Schmidt and Ken Griffin12 as part of the Schmidt Sciences Network.3 Convergent Research is designed to identify high-impact scientific or technological R&D fields, then launch companies to address these fields with a structure they call Focused Research Organizations (FROs).4 As of 2023, there are 7 FROs.5

Focused Research Organizations (FROs)

A Focused Research Organization, or FRO, is a type of non-profit organization designed to address technical problems or perform scientific research. Unlike academic research labs, that they have medium-to-large size teams with corporate structures, embrace projects which are unlikely to yield publishable results, and frequently involve scientists and engineers collaborating across disciplines.6 Unlike a startup company, a FRO project is not profitable enough in its initial stages. Unlike think tanks or research institutes, they tend to pursue specific technical goals rather than general research.7 Once their technical goals are achieved, FROs may evolve into more traditional non-profits, or become backed by venture capital and transform into startups.8

List of FROs

References

References

  1. Stiffman, Eden (July 18, 2023). "How a 5-minute phone call between a millennial billionaire and an economist created a $50 million grant program backed by Musk, Thiel, Zuckerberg and more tech luminaries". Fortune.{{cite web}}: CS1 maint: deprecated archival service (link)
  2. Cole, Samantha (March 15, 2023). "Schmidt Futures and Ken Griffin Commit $50 Million to Support the Next Big Breakthroughs in Science". Schmidt Futures.
  3. Knapp, Alex (Mar 17, 2023). "Why Billionaires Ken Griffin And Eric Schmidt Are Spending $50 Million On A New Kind Of Scientific Research". Forbes.{{cite web}}: CS1 maint: deprecated archival service (link)
  4. "Schmidt Futures announces launch of Schmidt Futures Network". Philanthropy News Digest. October 16, 2021.{{cite web}}: CS1 maint: deprecated archival service (link)
  5. "FRO Portfolio". Convergent Research.
  6. "Focused Research Organizations: A New Model for Scientific Research". Federation of American Scientists. 2023-06-15.{{cite web}}: CS1 maint: deprecated archival service (link)
  7. "Unblock research bottlenecks with non-profit start-ups". Nature. 11 January 2022. Archived from the original on 2023-10-13. Retrieved 2023-10-17.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  8. "A New Model for Science". Tony Blair Institute. 2022-08-04.{{cite web}}: CS1 maint: deprecated archival service (link)
  9. "E11 Bio | Moonshot Neuroscience". E11 Bio. Retrieved 2023-10-17.
  10. "Home Chi-fro.org". CHI FRO. Retrieved 2025-09-18.
External links