Isomorphic Labs, a subsidiary of Google led by Demis Hassabis, CEO of Google DeepMind and Nobel Laureate, has successfully raised $600 million in funding from various investors, including Thrive Capital, a prominent backer of OpenAI.
Focused on utilizing artificial intelligence for drug discovery, Isomorphic Labs leverages cutting-edge technology such as AlphaFold, a tool developed by DeepMind. AlphaFold enables the prediction of a protein’s 3D structure from its amino acid sequence, facilitating the transition from linear sequence to folded configuration. This innovative approach, akin to learning patterns in sequences for predictive purposes, aims to revolutionize drug design by enhancing our understanding of protein structures.
The fundamental principle underlying this endeavor is that deciphering protein structures empowers the development of more effective pharmaceuticals. By gaining insights into the shape of disease-related proteins, researchers can endeavor to create molecules that effectively target and interact with these proteins. In essence, the objective is to leverage AI tools to drive innovation in medication discovery.
With this recent funding round, Isomorphic Labs has secured over $600 million, positioning the company to advance its mission of leveraging AI to revolutionize drug discovery. The substantial investment underscores the significance of utilizing advanced technologies to drive breakthroughs in healthcare and pharmaceutical development.