04/09/2026
Today, Michael Hund CEO and Founder of Rare Ventures, rang the New York Stock Exchange Opening Bell alongside Richard King Mellon Foundation Director and Trustee Sam Reiman, EB Research Partnership and Rare Ventures partners, as well as members of the EB (epidermolysis bullosa) and rare disease community.
Headquartered in Pittsburgh and built for the world, Rare Ventures is a first-of-its-kind venture philanthropy platform designed to accelerate the development of therapies for rare diseases and establish a new model for medical innovation. Launched last month with a landmark investment from the Richard King Mellon Foundation of up to $25 million, Rare Ventures seeks to create a future where no rare disease is too rare to matter.
A huge thank you to Richard King Mellon Foundation, University of Pittsburgh Health Sciences, UPMC Children's Hospital of Pittsburgh, UPMC Vision Institute, Carnegie Mellon University Stanford Medicine , and ElevateBio for your collaboration and for joining us to celebrate this milestone.
Standing on the podium with patients, advocates, and partners was more than symbolic, it was a powerful call to action. A special thank you to the NYSE for welcoming our community, and to everyone who made this moment possible. Together, we’re changing the future and pioneering a path for rare disease at large.