776 Foundation

What 776 Foundation does

776 Foundation (legally 776 Fund Management, d/b/a Seven Seven Six) operates the 776 Fellowship Program, a two-year, full-time grant program for individuals aged 18-24 who are working on climate change solutions. Each cohort selects 20 fellows globally, who receive a $100,000 grant distributed quarterly over the two-year program period in lieu of pursuing a university education. The foundation operates as part of the broader Seven Seven Six venture ecosystem, providing fellows access to Cerebro — the venture fund's internal operating system — and the firm's founder network, while the underlying venture fund makes equity investments in early-stage companies. Alexis Ohanian (Reddit co-founder) serves as President and Founder; Lissie Garvin serves as Fellowship Program Director.

The program's commercial model is grant-giving rather than revenue-generating: 776 Foundation disburses $100,000 per fellow across 80 cumulative Climate Fellows as of 2025, with the 5th cohort scheduled for June 2026. Fellows span climate-adjacent verticals including rare earth production (Solcoa Industries), gas fermentation (CarbonBridge), AI-driven spacecraft design (Oligo Space), and bio-inspired materials (Ecotune). The foundation has begun participating as a co-investor in downstream venture rounds, including Deeptune's $43 million Series A led by Andreessen Horowitz in March 2026, indicating an evolving model that combines upfront grant funding with later-stage equity participation. Distribution is global with no US residency requirement, and selection is conducted via a final remote interview.

Name

776 Foundation

Legal name

776 Fund Management

Website

https://776.org

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

776 Foundation operates the 776 Fellowship Program, a two-year grant program that provides $100,000 to 20 global founders aged 18-24 annually to work full-time on climate solutions, embedded within the Seven Seven Six venture ecosystem led by Alexis Ohanian.

Ownership category

akta.pro rank

Product category

Climate Fellowship / Grant Program

NAICS

Grantmaking Foundations (813211)

akta.pro primary industry

Environmental & Climate Grantmaking Foundations (BPAGAKAM)

akta.pro secondary industries

Research & Science Grantmaking Foundations (BPAGAKAI), Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Climate fellowship program
• Climate venture funding
• Youth founder grants
• Non-dilutive grant funding
• Climate innovation grants

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Others

Revenue model

1. Fellowship Grants: 776 Foundation provides $100,000 grants to young climate founders over a two-year period. The organization operates as part of the Seven Seven Six venture ecosystem, funding early-stage climate innovation through its fellowship program rather than generating traditional revenue.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

The 776 Foundation runs a two-year, full-time fellowship program for young people aged 18–24, awarding $100,000 in non-dilutive grant funding (distributed quarterly) to 20 selected fellows per cohort. Fellows skip or drop out of university to work on climate change solutions, gaining access to the Seven Seven Six founder network through Cerebro, the venture fund's operating system. The fellowship operates globally with remote final interview selection.

Product overview

776 Foundation operates the 776 Fellowship Program, a two-year fellowship offering $100,000 grants and network support to young innovators aged 18-24 focused on climate change solutions. The program selects 20 fellows per cohort who receive access to the Seven Seven Six founder network through Cerebro, the firm's internal operating system. The fellowship is designed to enable participants to work full-time on climate-focused projects rather than pursuing traditional education.

Differentiator

Problem solved

Functional benefit

Products and services

• 776 Fellowship Program A two-year, full-time fellowship program for young people aged 18–24 that provides up to $100,000 in non-dilutive grant funding (distributed quarterly) and access to the Seven Seven Six founder network through Cerebro. Fellows skip or drop out of university to work full-time on climate change solutions across technological, social, and political domains. The program selects 20 fellows per cohort from a global applicant pool via a final remote interview.

Quantifiable outcome

• 80 Climate Fellows as of 2025
• +1 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor and core.

• J.P. Morgan ChaseminorGTM or Marketing PartnerFeatured speaker at the Reindustrialize Summit 2026 in Detroit, representing the intersection of business and industrial reindustrialization efforts.
• PalantirminorGTM or Marketing PartnerFeatured speaker at the Reindustrialize Summit 2026, representing technology sector perspectives on industrial transformation.
• Boom SupersonicminorGTM or Marketing PartnerFeatured speaker at the Reindustrialize Summit 2026, representing advanced manufacturing and transportation innovation.
• Seven Seven Six (Parent Venture Fund)coreStrategic or Co-development Partner776 Foundation is part of the Seven Seven Six ecosystem. Fellows receive access to Cerebro, the venture fund's operating system, and the extended 776 network. The organization is connected to Seven Seven Six fund management.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Terra.do: Terra.do runs climate-focused learning and fellowship programs to retrain professionals into climate careers. Comparable in building a climate-talent community, with a slightly more experienced target demographic.
• Climatebase: Climatebase runs a fellowship-style program connecting climate talent to jobs and startups. Less grant-focused than 776 but operates in the same climate-talent pipeline category.

Direct peers

• Activate (formerly Cyclotron Road): Activate is a fellowship for scientists and engineers working on climate solutions, providing funding, lab access, and mentorship. It is the most direct analog to 776 for early-stage climate innovators, though targeted at slightly more technical/mature founders.
• All Raise: All Raise supports and funds under-represented founders, including climate founders, through fellowships and programming. Comparable in mission-aligned, cohort-based founder support structure.
• Breakthrough Energy Fellows: Bill Gates-affiliated Breakthrough Energy runs a Fellows program placing scientists and engineers into climate startups. Direct peer in the climate-fellowship category with much larger institutional backing.
• Echoing Green: Echoing Green provides two-year fellowships with seed funding to emerging social-impact leaders, including those working on climate. Comparable in cohort structure, duration, and stage of fellow supported.
• Acumen Academy / Acumen Fellows: Acumen runs fellowship and leadership programs for social entrepreneurs tackling poverty and climate. Comparable in deploying patient capital plus capacity-building for mission-driven founders.
• Thiel Fellowship: Pay Peter Thiel's foundation provides $100K grants to young people under 22 who leave college to build companies. Directly comparable model to 776: targeted, age-restricted, no-equity fellowship funding for ambitious young founders.
• Stripe Climate Fellows: Stripe's climate program purchases permanent carbon removal and supports early-stage carbon removal startups. It is one of the largest and most recognized climate-focused funding initiatives, and directly comparable as a climate-specific capital deployment vehicle.

Broad incumbents

• Conrad N. Hilton Foundation: Major private foundation making substantial climate and humanitarian grants globally. Comparable as a large-scale private grantmaking entity, though not a youth-fellowship operator.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 776 Foundation