Bill Gates is known for his philanthropic contributions to health, education, and anti-poverty organizations through the Bill and Melinda Gates Foundation.
From fake meat to blood tests that could detect cancer early, take a look at a few Silicon Valley initiatives that Gates has supported in the past decade.
Grail, a startup aiming to detect cancer when it's still curable.
EtaGen, a startup developing highly-efficient power generators.
Change.org, a company publishing online petitions.
Varentec, a startup creating products that help citywide electric grid systems work more efficiently.
Founded in 2002, Varentec develops products for electrical grid systems, including a software platform that lets cities more easily manage how power flows. The startup claims that its devices can help utility operators reduce wasted voltage, manage peak power demands, and avoid overloading circuits.
Gates participated in two separate funding rounds in 2014 and 2015. To date, the company has attracted $41.9 million in venture capital.
Impossible Foods, a startup producing plant-based "meat."
The Impossible Burger. Impossible Foods
Impossible Foods has raised an estimated $387.5 million to date, with Bill Gates participating in three funding rounds that totaled $208 million from 2013 to 2017.
Gates has also invested in another plant-based food startup, headquartered in Los Angeles, called Beyond Meat in 2015. The Series E funding round totaled $17 million.
Memphis Meats, a startup growing "chicken," "duck," and "beef" from animal cells in a lab
Uma Valeti and Chef Derek Sarno present meals by Memphis Meats. Memphis Meats/Facebook
Memphis Meats has a similar goal to Impossible Foods, but it's aiming to achieve it in a different way. Instead of relying on plant-based ingredients, the company is working to cultivate meat from animal cells in a lab. So far, Memphis Meats has made lab-grown chicken strips, lab-grown meatballs, and lab-grown duck.
The team previously told Business Insider that it expects to reduce production costs over the next few years, and start offering its products to the public in 2021.
In 2017, Gates participated in a $17 million Series A funding round.