Isomorphic Labs Secures $600M to Advance AI-Powered Drug Discovery
The Alphabet subsidiary will use the funding to expand its team, enhance its AI drug design engine, and move closer to clinical trials for AI-designed treatments.
- Isomorphic Labs raised $600 million in its first external funding round, led by Thrive Capital with participation from GV and Alphabet.
- The funding will accelerate the development of its next-generation AI drug design engine and support its mission to transform drug discovery and address major diseases.
- The company plans to expand its workforce and advance its internal programs, including oncology and immunology, toward clinical development by the end of 2025.
- Isomorphic Labs leverages DeepMind’s AlphaFold technology, which predicts protein structures, as a cornerstone of its AI-driven drug discovery efforts.
- Strategic partnerships with pharmaceutical giants Eli Lilly and Novartis remain central to its efforts, with multi-billion-dollar milestone agreements in place.