
Isomorphic Labs
AI drug design, AlphaFold 3
Alphabet company spun out of Google DeepMind in 2021, led by Demis Hassabis. It co-built AlphaFold 3, which predicts how proteins, DNA and drugs fit together, and uses it to design drugs with Lilly, Novartis and for itself. First trials expected by end of 2026.
- Raised its first outside money, $600M led by Thrive Capital, in Mar 2025, then a reported $2.1B in May 2026.
- The goal of AI-designed drugs in trials by end of 2025 slipped; now expected by end of 2026.
- Its Lilly and Novartis deals (Jan 2024) could pay up to about $3B if goals are hit.
isomorphiclabs.com↗ (opens isomorphiclabs.com)Company profile →