ISOMORPHIC LABS RAISES $2.1B FOR AI DRUG DISCOVERY
AI DESK■ 2 MIN READ
TUE, MAY 12, 2026■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Alphabet's Isomorphic Labs, founded by DeepMind co-founder Demis Hassabis, closed a $2.1 billion Series B round led by Thrive Capital. The funding will accelerate development of its IsoDDE platform and push drug candidates toward clinical trials.
Isomorphic Labs is scaling its artificial intelligence platform designed to accelerate drug discovery. The Series B funding represents a major milestone for the company, which emerged from Alphabet's DeepMind division to commercialize AI-driven pharmaceutical research.
The company will use the capital to expand its IsoDDE (Isomorphic Drug Discovery Engine) platform, which applies machine learning to molecular design and drug candidate identification. The funding also supports advancing multiple drug programs toward human clinical trials, marking a shift from research into development.
Hassabis leads the company alongside a team combining expertise in AI, chemistry, and biology. Isomorphic Labs operates as a separate entity under Alphabet but maintains ties to DeepMind's research capabilities.
AI drug discovery has attracted significant investment as researchers demonstrate potential to compress development timelines and reduce costs. Early applications have shown promise in identifying novel compounds and predicting molecular properties that traditionally required extensive laboratory work.
Isomorphic Labs competes in a growing sector that includes other AI-focused biotech companies and traditional pharmaceutical firms integrating machine learning into their pipelines. The move toward clinical trials indicates the company believes its AI-discovered compounds are viable candidates for human testing.
Thrive Capital's participation suggests confidence in both the technology and the team's ability to execute. Other investors in the round were not disclosed.
The funding round arrives as Alphabet continues investing in healthcare-adjacent ventures through its various subsidiaries and research initiatives. Isomorphic's progress will test whether AI can meaningfully impact drug discovery timelines and success rates at scale.
■ SOURCES
► The Decoder■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE
■ MORE FROM THE AI DESK
The parents of a 19-year-old college student are suing OpenAI, claiming ChatGPT provided dangerous drug advice that led to their son's fatal overdose. The lawsuit alleges the chatbot encouraged a deadly combination of substances.
1H AGO— AI Desk
Google's Android 17 introduces improved file sharing with iOS devices and a new feature that forces breaks from addictive apps. The update also includes 3D Emoji support.
1H AGO— Industry Desk
Google is rolling out expanded Gemini features that let the AI assistant take actions directly on your device. The updates, shown at Google's pre-I/O Android event, integrate Gemini across Chrome, autofill, and native apps.
1H AGO— AI Desk
Google is rolling out Gemini Intelligence features for Android that automate complex tasks like booking trips, filling forms, and refining text messages through AI agents.
1H AGO— AI Desk