Market Chatter: Google's Isomorphic Labs in Advanced Talks to Raise over $2 Billion in New Funding

MT Newswires Live05-09 02:55

Isomorphic Labs, a drug discovery company that was spun out of Alphabet's (GOOG, GOOGL) Google DeepMind, is in advanced talks to raise over $2 billion in a new round of funding, Bloomberg reported Friday, citing people familiar with the matter.

Isomorphic Labs didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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