Initiate Ventures, co-founded by Jessica Owens and Iana Dimkova, has launched a $45 million fund to invest in early-stage startups at the intersection of technology and life sciences, employing an incubation model to foster internal company creation. With a focus on innovative solutions in healthcare and life sciences, Owens and Dimkova leverage their extensive industry experience to support startups addressing significant problems, ensuring scalability, market potential, and alignment with industry trends.