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Laura Deming

Laura Deming is an venture capitalist and former researcher who founded The Longevity Fund in 2011, the first venture capital firm dedicated exclusively to investing in companies developing therapies to address aging and extend human healthspan. Enrolled at at age 14 to study physics and , she later withdrew after sophomore year to accept a , which awarded her $100,000 at age 17 to pursue full-time work in research and investment. Her early scientific contributions included experience in aging mechanisms and co-authoring papers on cancer dependencies, such as the role of B in KRAS-driven lung adenocarcinomas. Deming co-founded age1 in 2023 as an evolution of The Longevity Fund, focusing on early-stage funding for contrarian biotech founders, with portfolio companies achieving initial public offerings and advancing to clinical trials in interventions. She also serves as CEO and co-founder of Until Labs, continuing her emphasis on translational to mitigate age-related decline.

Early Life and Influences

Childhood in

Laura Deming was born in 1994 in to American father John Deming, an investment manager, and mother Tabitha Deming, who primarily raised the children. She grew up alongside her brother Trey in a environment that eschewed traditional schooling in favor of self-directed learning, with her parents emphasizing exploration over structured curricula. This approach, influenced by her father's admiration for scientists as societal heroes, encouraged empirical curiosity without rigid academic timelines, allowing Deming to pursue interests like and independently from an early age. An early catalyst for her focus on biology emerged during her childhood when her maternal grandmother, Bertie, visited the family and suffered visible decline from age-related conditions, including severe that made simple tasks like buttoning a excruciatingly slow and painful. Witnessing this prompted Deming to begin informal self-study into aging processes through accessible books, marking an initial, personal confrontation with human frailty rather than a formalized scientific pursuit. By age 12, seeking advanced opportunities unavailable in 's educational landscape, Deming relocated to the to commence graduate-level coursework at the , while her parents had initially intended to remain in . This transition reflected the limitations of her isolated, resource-constrained setup for pursuing specialized research, underscoring a pragmatic shift driven by access to institutional labs and mentors rather than innate precocity alone.

Development of Interest in Aging Biology

Deming's interest in aging biology emerged at age eight, spurred by the illness of a , which prompted her to investigate the underlying biological processes driving age-related decline. Homeschooled in an environment that afforded complete freedom for self-directed , she began systematically exploring on aging during her pre-teen years, prioritizing empirical observations over anecdotal narratives. Her early studies centered on key mechanisms of cellular deterioration, including telomere shortening—which limits cell replication—and cellular senescence, where damaged cells persist and secrete inflammatory signals rather than undergoing programmed death. Deming recognized aging not as an inexorable program but as the accumulation of repairable damage, such as DNA errors and protein misfolding, evidenced by lifespan extension in model organisms like nematodes (C. elegans) and mice through targeted interventions like caloric restriction or genetic modifications. This perspective, grounded in first-principles analysis of causal pathways, led her to hypothesize that biological engineering could reverse such damage, diverging from correlational approaches dominant in popular discourse. By ages 10 to 12, Deming's intellectual evolution emphasized testable predictions derived from organism-level data, such as how mutations in genes like daf-2 in extend lifespan by altering insulin signaling, informing her conviction that aging's hallmarks were addressable via direct molecular repairs rather than symptomatic palliation. This proto-scientific framework rejected fatalistic acceptance of decline, instead advocating causal interventions to restore youthful function, setting the stage for her subsequent experimental pursuits.

Education and Initial Research

Homeschooling and Early Scientific Training

Deming was homeschooled in during her early years, a setting that supported self-directed learning and flexibility in pursuing scientific interests without the rigid structure of conventional schooling. This approach allowed her to prioritize subjects aligned with her curiosity, including , , and physics, enabling accelerated progress unhindered by standardized pacing or administrative requirements. By age eight, Deming had developed a profound interest in the biology of aging, prompting her to independently study foundational concepts in the field through available resources. She taught herself during this period, mastering key principles that informed her later focus on mechanisms, such as cellular processes and genetic factors influencing lifespan. This self-education contrasted with traditional systems by emphasizing depth in targeted topics over broad, rote coverage, which Deming later attributed to cultivating unconventional problem-solving skills. The absence of institutional constraints in facilitated Deming's ability to concentrate on causal questions in aging , such as why organisms deteriorate over time, fostering a rigorous, inquiry-driven that prioritized empirical exploration over prescribed methodologies. By her early teens, this training had built foundational competencies in experimental reasoning and biological literacy, setting the stage for advanced application while avoiding the diluted focus often imposed by group-based .

Laboratory Work at UCSF

At approximately age 12, following her family's relocation from New Zealand, Laura Deming joined Cynthia Kenyon's biogerontology laboratory at the University of California, San Francisco (UCSF), where she conducted hands-on research into aging mechanisms using the nematode Caenorhabditis elegans as a primary model organism. Kenyon's lab had established foundational evidence that mutations in the daf-2 gene, encoding a homolog of the insulin/IGF-1 receptor, extend mean lifespan in C. elegans by approximately twofold through diminished signaling in the insulin-like pathway, with effects including delayed reproduction, improved stress resistance, and reversal of age-associated declines in pharyngeal pumping and mobility. Deming's contributions focused on extending these genetic interventions to generate longer-lived strains, assisting in experiments that combined daf-2 reductions with other perturbations to achieve lifespan extensions up to sevenfold relative to wild-type controls. These efforts included investigations into mimics of dietary restriction, such as genetic alterations affecting signaling or eat-2 mutations that reduce feeding and caloric intake, which synergized with insulin pathway modulation to produce robust, heritable lifespan prolongations verifiable through survival curve assays tracking thousands of synchronized worms under controlled temperatures (typically 20°C). Direct causal links were established via RNAi knockdowns or pharmacological interventions that phenocopied mutation effects, demonstrating reversibility of aging biomarkers like germline atrophy and proteotoxic stress accumulation, independent of developmental delays. While C. elegans findings do not guarantee equivalent outcomes in mammals, the core insulin/IGF-1 pathway implicated shows partial conservation, as evidenced by analogous lifespan extensions in knockout mice (up to 30% increase) and models with reduced IGF-1, supporting pathway-level mechanistic insights without implying universal scalability to humans. Model limitations persist, including C. elegans' short baseline lifespan (2-3 weeks) and lack of complex tissues like a vascular system, necessitating cautious extrapolation despite replicated genetic homologies.

Thiel Fellowship and MIT Experience

In 2009, at age 14, Deming enrolled at the () to study biology, completing her sophomore year amid coursework in and . By 2011, at age 17, she was selected as one of the inaugural , receiving $100,000 from the to forgo traditional for two years and pursue independent projects. This required her to withdraw from , forgoing further academic credentials in favor of direct application of her interests in aging research. Deming utilized the fellowship to fund personal investigations into aging biomarkers, allowing her to operate independently of academia's grant cycles and institutional constraints, which often prioritize incremental publications over high-risk innovation. The decision underscored the opportunity costs of prolonged university training, as evidenced by Thiel's critique of credentialism as a barrier to breakthroughs, where time spent in lectures delays real-world experimentation. Empirical data on Thiel Fellows supports this path's viability: over a decade, the program has generated over $750 billion in company value with a 13.79% unicorn formation rate among participants, outperforming typical elite university entrepreneurship benchmarks that emphasize degrees before action. This fellowship period marked Deming's pivot from structured lab and classroom environments to entrepreneurial autonomy, accelerating her trajectory beyond the slower pace of academic progression, where timelines can exceed five years with uncertain . Fellows like Deming demonstrate that skipping formal credentials enables faster iteration on scientific ventures, contrasting with traditional graduates who often face delayed market entry due to and credential requirements.

Venture Capital Career

Founding and Growth of the Longevity Fund

Laura Deming founded the Longevity Fund in 2011 at age 17, shortly after receiving the , which provided $100,000 to forgo traditional college and pursue her venture in longevity research full-time. The fund emerged as the first entity dedicated exclusively to investing in companies targeting aging biology, driven by the recognition that aging underlies the majority of chronic diseases responsible for over 70% of deaths globally. Its core thesis emphasized addressing aging as a causal root rather than merely treating downstream symptoms, focusing on high-risk, high-reward interventions like causal therapies to extend healthy lifespan, in response to the historical underfunding of aging research by traditional biomedical investors. The fund began modestly with Longevity Fund I, targeting 5-10 seed-stage investments of $100,000 to $1 million each in U.S.-based companies advancing technologies. It grew through subsequent vintages, raising $27 million by 2018 for expanded commitments, followed by a second fund of $144 million that demonstrated scaling capacity. By the early 2020s, the firm had launched a third fund, reflecting exceeding $100 million cumulatively and attracting limited partners through a proven track record of derisking via early-stage bets that advanced portfolio companies toward clinical trials and regulatory milestones. Strategic evolution included a post-2020 emphasis on empirical validation, measured by portfolio outcomes such as drug candidates entering human trials and follow-on funding exceeding $1 billion across investments, which bolstered LP confidence in the fund's ability to navigate high-risk longevity biology. Adaptations incorporated emerging tools like for in select deals, aligning with broader shifts in biotech to accelerate target identification and validation amid persistent underinvestment in causal aging interventions. This market-driven approach positioned the Longevity Fund as an institutional builder, evolving from bootstrapped origins to a multi-fund platform sustaining growth in a niche historically sidelined by symptom-focused healthcare paradigms.

Key Investments and Portfolio Outcomes

The Longevity Fund's portfolio has yielded three initial public offerings (IPOs) and one acquisition, including Decibel Therapeutics (focused on regenerative therapies for age-related ), Precision BioSciences (gene editing technologies applicable to degenerative conditions), and ALX Oncology (immunotherapies targeting cancer, a hallmark of aging). These exits demonstrate financial returns in early-stage biotech investments aligned with the fund's thesis of addressing aging through disease-specific interventions, though specific return multiples remain undisclosed. Among targeted longevity bets, the fund's investment in Rubedo Life Sciences supported development of senolytic therapies to clear pathologic senescent cells. In May 2025, Rubedo dosed the first patient in a Phase 1 trial of its lead candidate RLS-1496, a topical GPX4 modulator for actinic keratosis, with plans for Phase 1b/2a expansion following FDA IND clearance. This progression validates causal targeting of senescence in human trials, despite prior preclinical challenges in selectivity. Similarly, Gordian Biotechnology, invested for its genetic resilience screening, raised $60 million in April 2024 to deploy an in vivo platform predicting therapeutic outcomes for complex age-related diseases like neurodegeneration, though no candidates have entered clinical stages as of late 2025. Biotech's inherent 90%+ rate from preclinical to approval underscores the high-risk profile, with failures common even in advanced pipelines; however, these outcomes—IPOs providing and candidates reaching Phase 1—offer empirical learnings on repair mechanisms, countering critiques of unfalsifiable speculation by grounding investments in testable human data. No portfolio-wide return metrics are public, but aggregate follow-on funding exceeding $500 million by 2018 signals validated theses amid sector-wide volatility.

Expansion into Other Initiatives

In 2023, Deming co-founded age1, a firm dedicated to early-stage investments in longevity-focused , raising $35 million to fund ambitious projects aimed at extending human healthspan. As venture partner, she has directed capital toward companies developing interventions for aging-related decline, including Loyal, a startup drugs to prolong lifespans as a model for human applications. Loyal's LOY-002, targeting senior large-breed dogs, received FDA concurrence in November 2023 that preclinical data demonstrated a reasonable expectation of effectiveness for lifespan extension, enabling progression to pivotal trials. By early 2025, Loyal reported advancements in this pipeline, highlighting regulatory pathways for aging-targeted therapies in . Complementing her activities, Deming launched in 2024 as co-founder and CEO, a company engineering reversible to induce medical hibernation in terminal patients, suspending biological aging until curative therapies emerge. Cradle's approach leverages advances in cooling and stabilization techniques to preserve whole-body viability, positioning it as a bridge technology for acute life-extension scenarios beyond chronic disease management. These efforts represent a strategic broadening from traditional fund management to operational leadership and targeted species-specific trials, while anchoring in longevity biology; age1's portfolio emphasizes foundational tools like genomic analytics from firms such as Fauna Bio, whereas pursues direct biophysical interventions. In 2025, Deming highlighted these initiatives in public forums, including a panel at the Global Conference on May 6, discussing scalable cryopreservation's role in clinical pipelines, and interviews underscoring empirical validation through animal models before human translation.

Views on Aging and Longevity

Core Scientific Theses

Laura Deming conceptualizes aging as the progressive accumulation of molecular and cellular across multiple biological systems, rather than an inevitable or fully programmed process, with the potential for reversal through targeted interventions that address these underlying failures. This view emphasizes damage types such as epigenetic drift, where cumulative alterations in patterns disrupt cellular identity and function over time, and loss of , characterized by impaired , aggregation, and degradation due to declining lysosomal efficiency. Additional contributors include the buildup of senescent cells, which cease division and secrete inflammatory factors exacerbating tissue dysfunction. To counteract these damages, Deming advocates for mechanistic interventions like partial cellular reprogramming, employing subsets of Yamanaka factors—transcription factors (Oct4, , Klf4, and optionally c-Myc) originally identified in 2006—to transiently reset epigenetic states without full to pluripotency, thereby restoring youthful cellular function. Advances in the , including cyclic expression protocols, have demonstrated feasibility in preclinical models by mitigating age-related epigenetic noise and improving tissue repair. Other approaches target specific damages, such as senolytics to eliminate senescent cells or enhancers of autophagy to bolster . Empirical support derives primarily from invertebrate and rodent models, where interventions yield quantifiable extensions in healthspan and lifespan, though Deming stresses cautious extrapolation to humans given interspecies physiological differences. In C. elegans worms, genetic perturbations in insulin/IGF signaling pathways double lifespan, with analogous effects observed in mice via dietary or pharmacological mimics. Mouse studies show senescent cell clearance extending median lifespan to approximately 135% of controls in certain contexts, while caloric restriction (reducing intake by 40%) or drugs like rapamycin (extending lifespan 10-27%) and metformin (6% extension) demonstrate damage reversal proofs-of-concept. Human analogs, such as metformin trials, provide early translational evidence but require further validation for longevity endpoints.

Treatment of Aging as a Treatable Condition

Deming posits that regulatory recognition of aging as a modifiable condition, rather than an inevitable process, would facilitate approvals using direct endpoints such as lifespan extension or validated biomarkers of biological age, bypassing the limitations of disease-specific trials that fragment research efforts. This approach contrasts with prevailing siloed funding models, where resources target disparate age-related diseases like Alzheimer's or cardiovascular conditions without addressing underlying causal drivers such as genomic instability or cellular senescence, leading to inefficiencies in resource allocation and therapeutic development. Empirical evidence from model organisms, including worms and mice, demonstrates that interventions modulating these hallmarks—such as caloric restriction mimetics or senolytics—can extend healthspan by 20-30% through causal mechanisms like reduced inflammation and improved proteostasis, supporting the rationale for unified aging-focused trials over symptom palliation. A key milestone in this advocacy occurred in November 2023, when the FDA accepted an application from Loyal, a Fund-backed company, for LOY-001, a aimed at extending lifespan in large-breed dogs by targeting signaling, a pathway linked to accelerated aging. This precedent establishes feasibility for age-related endpoints in veterinary contexts, potentially informing applications by validating surrogate measures like epigenetic clocks, and highlights how such approvals could catalyze market entry for interventions addressing root causes across . Deming's fund has supported analogous human-oriented efforts, including investments in companies developing against and mitochondrial dysfunction, which preclinical data indicate delay multiple comorbidities by intervening at causal levels rather than downstream symptoms. While this paradigm promises efficiency gains—evidenced by conserved aging pathways across taxa—risks include translational failures, as seen in historical discrepancies between models and outcomes for compounds like rapamycin analogs, where efficacy wanes due to physiological differences.00258-1/fulltext) Nonetheless, causal realism favors proactive intervention: observational data from centenarians and longitudinal cohorts reveal modifiable factors like attrition amenable to , outweighing inaction amid rising age-related burdens projected to affect 2 billion people by 2050. Deming emphasizes that regulatory evolution, informed by such precedents, could mitigate hype by prioritizing rigorous, mechanism-based validation over anecdotal claims.

Societal and Economic Implications

Deming emphasizes that extending healthspan would amplify economic by enabling prolonged periods of high-functioning work and , countering physical limitations that currently curtail contributions from older individuals. For instance, she envisions scenarios where people pursue second careers or advanced degrees, such as a at age 50, thereby sustaining creative output akin to historical examples like artist Hokusai's late-life masterpieces. Empirical analyses support this, showing that a one-year increase in associates with roughly a 4% rise in GDP per capita through enhanced labor and reduced disease burdens. Such extensions would also restore individual agency over life trajectories, allowing choices about physical capabilities at advanced ages—such as running with grandchildren at 80—rather than accepting deterministic decline as inevitable. This shift challenges entrenched biases toward age-related frailty, potentially leveling opportunities across life stages and fostering broader societal dynamism. Deming recognizes critiques regarding wealth concentration, noting that early adopters with capital could compound advantages, exacerbating inequalities akin to being "born way earlier." However, she implies mitigation through adaptive innovation, where therapeutic costs decline exponentially—mirroring computing's trajectory—and historical precedents demonstrate that breakthroughs, from vaccines to antibiotics, eventually permeate populations despite initial disparities. In discussions from 2024 and 2025, Deming views social challenges, such as revising norms amid longer productive spans, as resolvable via cultural and behavioral rather than halting progress; extended timelines may even incentivize prosocial , as game-theoretic models suggest repeated interactions favor over short-term .

Impact, Reception, and Criticisms

Achievements in Funding Innovation

Through the Longevity Fund, which Deming founded in 2011 as the first firm dedicated to , several portfolio companies achieved significant milestones, including three initial public offerings (IPOs) and one acquisition, such as Therapeutics, BioSciences, and ALX Holdings. These exits demonstrated early proof of financial viability in the sector, with the fund supporting advancements like drug candidates entering patients for age-related diseases. In 2023, the fund facilitated an exit for portfolio company Herophilus via acquisition, further evidencing returns from -focused investments. Deming's efforts contributed to a broader surge in longevity sector funding, with global investments totaling $8.5 billion across 331 deals in 2024, more than doubling from 2023 levels and reflecting increased allocation to anti-aging therapeutics. This growth aligned with projections for the longevity biotech market reaching $72.6 billion, driven by investor recognition of scalable opportunities in age-related interventions. By prioritizing early-stage bets on biological and senescent cell clearance, the fund helped shift traditional biotech venture models toward direct aging targets, evidenced by subsequent funds like age1 deploying over $100 million in 2022-2023 for similar moonshot pursuits. Her recognition as one of the youngest recipients in 2011, receiving $100,000 to establish the Fund, underscored her role in pioneering institutionally backed longevity innovation. These outcomes validated targeted funding strategies, with portfolio progress into clinical stages for age-related indications by the early , positioning Deming's approach as a catalyst for empirical advancements over speculative hype.

Scientific and Ethical Debates

Critics of longevity research, including Deming's investments, highlight persistent challenges in translating preclinical findings from model organisms to , citing metabolic divergences and the infeasibility of multi-decade trials. For example, while genetic mutations in insulin/IGF signaling pathways extend lifespan by 20-50% in some strains, fewer than 20% of models respond consistently to interventions like caloric restriction, raising doubts about broad human applicability. Deming responds that evolutionary conservation of aging mechanisms across —evidenced by over 95 validated lifespan-extending interventions in —supports incremental progress, particularly through biomarkers like epigenetic clocks and senescent cell accumulation, which enable measurable reversal of biological age without awaiting full lifespan outcomes. Ethical concerns center on potential exacerbation of socioeconomic disparities, with detractors arguing that early-stage therapies, such as senolytics or metformin repurposing, would initially benefit only high-net-worth individuals, entrenching a "health elite" amid existing gaps of up to 15 years between rich and poor cohorts. Proponents, including Deming, counter that historical patterns in —such as insulin's price drop from $1,500 per year in the (adjusted) to under $300 today—demonstrate how scaled and democratize access, ultimately broadening societal gains. Claims of from extended lifespans are rebutted by empirical demographic shifts, including global rates falling below levels (2.3 in 2023 per UN data), which suggest healthier could stabilize rather than strain populations. Regulatory barriers amplify these debates, as the FDA classifies aging as a natural process rather than a , mandating trials target specific pathologies like frailty or neurodegeneration, which extend timelines and costs—often decades for endpoints like mortality. Deming views such frameworks as outdated social hurdles, advocating validation of aging biomarkers (e.g., via composite indices of and length) as surrogate endpoints to accelerate approvals, and points to precedents like forthcoming anti-aging drugs as catalysts for policy evolution.

Responses to Skepticism and Regulatory Challenges

Deming has addressed about the viability of interventions by framing the core obstacles as regulatory and societal rather than fundamental scientific impossibilities, pointing to accumulating evidence from model organisms and early human trials that demonstrate targeted modulation of aging pathways can extend healthspan. In a March 2024 discussion, she highlighted a recent regulatory breakthrough for therapies as a key indicator of progress, arguing that such approvals validate the approach of treating aging-related decline as addressable through incremental, data-driven advancements rather than requiring complete reversal of biological clocks. Regulatory challenges in applications persist due to conservative frameworks prioritizing disease-specific endpoints over holistic healthspan metrics, yet the field has secured partial victories in veterinary contexts that serve as proofs-of-concept. For instance, in 2024, the U.S. FDA granted of reasonable expectation of effectiveness (RXE) for LOY-001, a from Loyal targeting IGF-1 signaling to extend lifespan in large-breed dogs over 7 years old, followed by similar nods for LOY-002 in February 2025 for senior dogs of various sizes, focusing on metabolic dysfunction. These developments underscore R&D efficiency gains, with streamlined veterinary pathways enabling faster iteration—Loyal's programs advanced from preclinical IGF-1 inhibition data showing delayed age-related pathologies to RXE status within years, bypassing full pivotal trials initially. To counter funding winters and public doubt, which have historically stemmed from perceptions of as speculative amid biotech volatility, Deming and field proponents emphasize pilot data from interventions like low-dose rapamycin in companion dogs, where a 2025 NIH-rescued with $7 million funding hypothesizes weekly dosing could extend mature canine lifespans by addressing and frailty. Economic modeling further bolsters arguments, projecting that even modest delays in age-related diseases could yield trillions in societal savings through reduced healthcare burdens, as evidenced by analyses of compressed morbidity scenarios where interventions shift disease onset later in life. Looking ahead to 2025, Deming anticipates acceleration in target identification and trial design to mitigate remaining risks, enabling rapid testing that addresses skeptics' concerns over timelines by compressing cycles from years to months, as seen in emerging on-chain agents for datasets.

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