# Isomorphic Labs Seeks About $5 Billion at About $50 Billion Valuation By John Kim Canonical URL: https://www.tokenpost.com/news/business/49671 Published: 2026-11-06T00:35:42.000Z Updated: 2026-11-06T00:35:42.000Z Section: Business > The proposed round would follow a $2.1 billion financing completed in May. The discussions remain unfinished, and terms may change. Alphabet's Isomorphic Labs is discussing a financing of about $5 billion that would value the AI drug-discovery company at about $50 billion, people familiar with the matter say. Isomorphic Labs was formed in 2021 after spinning out of Google DeepMind. It uses AlphaFold, a model that predicts protein structures, in drug research. In May, the company completed a [$2.1 billion financing]() led by Thrive Capital, with Alphabet and other investors participating. The new financing has not been completed, and its details may change. ## Links in this article - [$2.1 billion financing](https://www.tokenpost.com/news/business/28558)