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Isomorphic Labs Raises $2.1B Series B — Largest AI Drug Discovery Round Ever
Demis Hassabis's Alphabet-backed Isomorphic Labs closed a $2.1B Series B led by Thrive Capital, with participation from MGX, Temasek, CapitalG, and the UK Sovereign AI Fund, bringing total capital to ~$2.6B. The company plans first clinical trials by end of 2026 using its AI drug design engine (IsoDDE), with existing partnerships with Novartis, Lilly, and J&J. This is one of the largest private funding rounds in biotech history and signals massive institutional confidence in AI-driven drug discovery.
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