February 12, 2025:
Latent Labs Secures $50M to Revolutionize Protein Design - Latent Labs, founded by former DeepMind scientist Simon Kohl, has emerged from stealth mode with $50 million in funding. The startup aims to make biology programmable through AI models by partnering with biotech companies to create and optimize proteins, thereby streamlining drug discovery and reducing reliance on wet labs.
Focusing on enabling third parties rather than developing its own therapeutics, Latent Labs plans to use the funding to strengthen machine learning hires, infrastructure, and commercial partnerships. The company seeks to innovate in the computational biology space through these strategic enhancements.
