EQT Foundation announces EUR 100,000 grant to Barncancerfonden to support the development of BrainChild
EQT Foundation is pleased to announce its grant to Barncancerfonden to support the development of BrainChild - a master data platform aimed at improving diagnosis and treatment of childhood cancer. The grant totaling EUR 100,000 will be used to support the initial work-streams required to develop the platform and is part of EQT Foundation’s grant objective to help non-profit organizations drive impact at scale with the help of technical support from EQT employees. The project was initiated by employees in EQT Digital and is funded by EQT AB’s budget for supporting local communities.
Barncancerfonden was established in 1982 in Sweden to help finance childhood cancer research. Since its inception, the organization has donated more than EUR 340 million to childhood cancer research, making Barncancerfonden the largest childhood cancer research financer.
Annually, more than 400,000 children are diagnosed with cancer, and in developed economies, cancer is one of the most common causes of death among children. While the survival rate of patients has increased in the last 40 years, progress has stagnated in the last decades and many of the survivors experience moderate to severe side effects negatively impacting quality of life. While there exist copious amounts of data on childhood cancer, the data is today unstructured and siloed across organizations, institutions and countries making it difficult to access and leverage the knowledge. With the BrainChild data platform, the vision is to improve cancer diagnosis and optimize treatment plans to minimize side effects and risk of relapse through enabling global collaboration and use of artificial intelligence to help uncover new insights and patterns.
The EQT Foundation Deal Team, consisting of Sven Törnkvist, Marcos Alvarez and Celine Bale, will support Barncancerfonden with the development, launch and scaling of the BrainChild data platform through leveraging the expertise, competencies, and network within the EQT ecosystem. Specifically, the team will help with assessing the technical requirements of the data platform and advise on the business model and go-to-market strategy, as well as help identify new collaborators and partners to scale the data platform globally.
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About EQT Foundation
The EQT Foundation backs impact entrepreneurs, breakthrough science, and innovative philanthropic projects. Founded by the EQT Partners, EQT Foundation safeguards EQT’s values, pushes the frontiers of impact, and activates the entire EQT organization to give back to society in meaningful ways. By supporting entrepreneurs, researchers, and non-profit organizations, while leveraging the passion and expertise of EQT, the EQT Foundation aims to build an inclusive and regenerative tomorrow. For more information, please visit eqtfoundation.com and follow us on LinkedIn and Twitter.
Barncancerfonden was established in 1982 in Sweden to help finance childhood cancer research. Since its inception, the organization has donated more than SEK 3.5 billion to childhood cancer research, making Barncancerfonden the largest childhood cancer research financer. For more information please visit: https://www.barncancerfonden.se/