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Isomorphic Labs in talks to raise $5 billion at $50 billion valuation

Alphabet-backed AI drug discovery company Isomorphic Labs is in discussions to secure around $5 billion in new capital at an estimated $50 billion valuation.

Infographic graphic stating that Alphabet's Isomorphic Labs is in talks to raise $5 billion at a valuation of roughly $50 billion for AI drug discovery.
Image: @AGTPinsights

Alphabet Inc.'s AI drug discovery company Isomorphic Labs is in talks to raise roughly $5 billion in new funding, according to Bloomberg. The prospective transaction would value the Google DeepMind spinout at approximately $50 billion, though the funding round has not yet closed.[1][2][3][4][5]

The fresh capital is slated to back the Demis Hassabis-led venture's continued efforts to deploy artificial intelligence toward designing new medicines. The talks follow an earlier fundraising round in May, when the startup secured $2.1 billion.[1][3][4][5]

Key facts

  • Isomorphic Labs is in talks to raise roughly $5 billion in a new funding round.
  • The prospective financing would value the startup at approximately $50 billion.
  • The funding round has not yet closed.
  • Isomorphic Labs last raised $2.1 billion in May.
  • Isomorphic Labs is an AI drug discovery venture spun out of Google DeepMind under Alphabet.

Sources · 5 sources

  1. TE

    TechmemeArticle ·

    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) Bloomberg : 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 — Alphabet Inc.'s Isomorphic Labs is in talks to raise roughly $5 billion in new funds to support its efforts to use artificial intelligence …

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  2. AG

    AGTP@AGTPinsightsPost on X ·

    BREAKING: Alphabet's Isomorphic Labs is in talks to raise about $5 billion for AI drug discovery, at a valuation of roughly $50 billion. The round has not closed. https://t.co/ZO3RuRuv7O

    Open source
  3. MT

    MTS@MTSlivePost on X ·

    SITUATION DETECTED: Demis Hassabis’ Isomorphic Labs is in talks to raise $5 billion at a valuation of $50 billion to continue its AI-driven drug discovery work, per Bloomberg.

    Open source
  4. TE

    Techmeme@TechmemePost on X ·

    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) (Visit Techmeme dot com for the link and full context!)

    Open source
  5. BL

    Bloomberg@businessPost on X ·

    Alphabet’s Isomorphic Labs is in talks to raise roughly $5 billion in new funds to support its efforts to use artificial intelligence for drug discovery, according to sources https://t.co/oLtHR2Bld6

    Open source