Y Combinator launches YC Bio to fund age-related start-ups

Start-up accelerator Y Combinator launched the YC Bio incubator on Jan. 12 to fund early stage, preclinical biotechs focused on healthspan and age-related disease.

Y Combinator President Sam Altman said in a blog post that YC Bio will offer companies $500,000 to $1 million for 10-20% ownership, rather than the firm's standard offer of $120,000 for a 7% stake...