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Isomorphic Labs aims for $40B+ valuation in new funding, boosting AI drug discovery race.

Market News
08 Oct 2026
Proactive Investors
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Bullish
Isomorphic Labs aims for $40B+ valuation in new funding, boosting AI drug discovery race.

Isomorphic Labs, an AI drug discovery startup spun out of Alphabet's DeepMind, is in talks to raise new funding valuing the company at $40 billion to $50 billion. This would be a significant increase from its $2.1 billion Series B round five months ago. The startup uses AI to speed up drug discovery, focusing on cancer and immune disorders, and partners with major pharma companies like Eli Lilly and Novartis. The funding talks highlight growing investor interest in AI's role beyond software, particularly in healthcare innovation.

Google's parent company, Alphabet, trades at USD 347.44 on Pluang as of Oct 08, 2026 22:22 WIB, showing a slight 0.02% increase in one day. This stable performance comes while Isomorphic Labs, an Alphabet spin-off, seeks a valuation between $40 billion and $50 billion in a new funding round. The interest in AI-driven healthcare innovation is reflected in Alphabet's significant market cap of $4.27 trillion and active trading volume of over 11 million shares on Pluang. Investors hold Google shares for an average of 137 days, indicating steady confidence in the company's long-term prospects.

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