NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Wednesday, February 19, 2014

The Bill & Melinda Gates Foundation is trying to get more biotech entrepreneurs to work on global health, and it just hired another venture capitalist to give the initiative a boost.

Charlotte Hubbert, a former vice president at H.I.G BioVentures and associate at Seattle-based Accelerator, is joining the Gates Foundation as a program investment officer on the program related investments team, she said in an e-mail.

Hubbert, who did postdoctoral research on stem cells in the University of Washington lab of Randall Moon, is the second biotech VC to join the Gates Foundation in the past year. Bob More, formerly a partner with Frazier Healthcare Ventures and Domain Associates, arrived last summer.