Latent Labs Secures $50M Funding

This is a DeepMind news story, published by TechCrunch, that relates primarily to Latent Labs news.

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Founded by DeepMind alumnus, Latent Labs launches with $50M to make biology programmable | TechCrunch

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Latent Labs is building AI foundation models to “make biology programmable,” and it plans to partner with biotech and pharmaceutical companies to generate and optimize proteins.

Founder Simon Kohl started out as a research scientist at DeepMind , working with the core AlphaFold2 team.

Latent’s headcount is split across two sites — one in London , where the frontier model magic happens, and another in San Francisco .

The company’s $50 million cash injection includes a previously unannounced $10 million seed tranche, and a fresh $40 million Series A round.

Radical Ventures , Sofinnova Partners and Radical Ventures are among the investors in the round.

While a chunk of the cash will go toward salaries, a significant amount of money will be needed to cover infrastructure.

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