Signal #99775POSITIVE

Google-backed Isomorphic raises $2.1 billion to scale AI-driven drug discovery

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Isomorphic Labs, an artificial intelligence-driven drug discovery company, said on Wednesday it has raised $2.1 billion in ‌its latest funding round led by existing investor Thrive ‌Capital. The funding round, completed at an undisclosed valuation, also included other existing investors, Google ​Ventures and Alphabet, along with new backers MGX, Temasek and CapitalG. "This capital injection allows us to build out our drug design engine at scale, ⁠driving us forward in our mission to solve all diseases," said founder and CEO Demis Hassabis.

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Google-backed Isomorphic raises $2.1 billion to scale AI-driven drug discovery | Steek AI Signal | Steek