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DeepMind spinout Isomorphic Labs in talks to raise funds at $40B–$50B valuation: report
Seeking Alpha ·
Seeking Alpha reports: Isomorphic Labs, an AI-powered drug discovery startup spun out of Alphabet Inc.’s Google DeepMind , is in early talks to raise new funds at a valuation of at least $40B, according to Bloomberg . The round could value Isomorphic as highly as $50B, one of the sources said. The financing hasn’t closed, and details could change, as per the report. Only five months ago, Isomorphic Labs raised $2.1B in its Series B funding effort. Separately, the US government and tech…