Alphabet spinoff Isomorphic Labs reportedly raising funding at up to $50B valuation
Isomorphic Labs Ltd., an Alphabet Inc. spinoff working to accelerate drug discovery, is said to be raising a new funding round.
Proof1 independent outlet
Key points
- The Bloomberg report that revealed the discussions today didn’t specify the size of the deal.
- The paper’s sources did, however, divulge that Isomorphic is eyeing a valuation of between $40 billion and $50 billion. [...]
- The post Alphabet spinoff Isomorphic Labs reportedly raising funding at up to $50B valuation appeared first on SiliconANGLE.
Sources (1)
- [1]Alphabet spinoff Isomorphic Labs reportedly raising funding at up to $50B valuationSiliconANGLE: AI · Oct 8, 09:55 PM
Isomorphic Labs Ltd., an Alphabet Inc. spinoff working to accelerate drug discovery, is said to be raising a new funding round.
The Bloomberg report that revealed the discussions today didn’t specify the size of the deal.
Extractive summary: sentences quoted from the sources.
