Artificial Intelligence1 min read

Sources: Google DeepMind spinout Isomorphic Labs is in talks to raise ~$5B at a ~$50B valuation; the AI drug discovery startup last raised $2.1B in May (Bloomberg)

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In short

Isomorphic Labs is negotiating a massive new funding round to fuel its artificial intelligence pharmaceutical research. Spun out of Google DeepMind, the computational venture seeks approximately $5 billion from investors to dramatically scale its operations. This proposed deal would assign the startup an estimated valuation of roughly $50 billion. The negotiations follow closely behind a prior $2.1 billion funding round that the enterprise closed in May.

Key points

  • The startup originated directly as an artificial intelligence drug discovery spinout from…: The startup originated directly as an artificial intelligence drug discovery spinout from Google DeepMind.
  • A successful round would represent a substantial escalation in the company's overall capi…: A successful round would represent a substantial escalation in the company's overall capital scale.
  • The negotiations signal massive ongoing investor interest in specialized artificial intel…: The negotiations signal massive ongoing investor interest in specialized artificial intelligence applications for drug development.

Sources checked by our analysis pipeline: 1

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Washington Post: |

Calder Mchugh / Politico: |

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Molly White / Citation Needed: |

Sasha Rogelberg / Fortune: |

Katherine Schwartz / Bloomberg: |

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Ryan Christoffel / 9to5Mac: |

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Mark Gurman / Bloomberg: |

Madison Mills / Axios: |

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Connie Loizos / TechCrunch: |

Mike Butcher / Pathfounders: |

Rafe Rosner-Uddin / Financial Times: |

Bloomberg: |

Yueqi Yang / The Information: |

Financial Times: |

Bloomberg: |

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Isaac Kasahara / Pangram: |

Sawdah Bhaimiya / CNBC: |

Spencer Soper / Bloomberg: |

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Jagmeet Singh / TechCrunch: |

Reuters: |

Deborah Mary Sophia / Reuters: |

SemiAnalysis: |

Ivan Mehta / TechCrunch: |

Murad Hemmadi / Globe and Mail: |

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Bloomberg: |

Danial Azhar / Bloomberg:…

Artificial Intelligence