Latent Labs Raises $50M in Funding
Summary
The round was led by Radical Ventures and Sofinnova Partners, with the participation of Flying Fish, Isomer, as well as existing investors 8VC, Kindred Capital and Pillar VC, and angels including Jeff Dean, Aidan Gomez, and Mati Staniszewski. The company intends to use the funds to accelerate development efforts and partnerships. Founded by CEO Simon Kohl, Latent Labs is an AI-driven biotechnology company developing AI foundation models to make biology programmable. The company innovates on and applies generative AI technologies to enable biotechnology and pharmaceutical companies to computationally create new molecules for a range of therapeutic, industrial, and environmental uses. Dr Simon Kohl previously was a co-lead of DeepMind’s protein design team and a senior research scientist on DeepMind’s AlphaFold2.