Isomorphic Labs, a Google-affiliated company, is set to raise over $2 billion in new funding
8 hour ago / Read about 0 minute
Author:小编   

According to sources familiar with the matter, Isomorphic Labs, an AI-driven drug discovery company spun off from Google's DeepMind, is in advanced discussions for a new round of funding, aiming to raise over $2 billion. This funding round is being led by Thrive Capital, which also led its initial funding round last year, with participation from Alphabet. The funding process is not yet complete, and it is part of Alphabet's long-term plan to transform its futuristic bets into standalone businesses. Previously, its autonomous driving division, Waymo, raised $16 billion at a valuation of $126 billion earlier this year.