Lila Sciences Secures $350M in Series A Funding, Bolstering AI-Driven Scientific Research

NoahAI News ·
Lila Sciences Secures $350M in Series A Funding, Bolstering AI-Driven Scientific Research

Flagship Pioneering's Lila Sciences has significantly expanded its financial backing, securing a total of $350 million in Series A funding to advance its ambitious "scientific superintelligence" mission. The company, which debuted in March, has attracted substantial investor interest for its innovative approach to automating scientific research through artificial intelligence and robotic laboratories.

Funding Expansion and New Investors

Lila Sciences initially closed a $235 million Series A round last month, led by Braidwell and Collective Global. The company has now announced an additional $115 million, bringing the total Series A funding to $350 million. This extension includes notable investments from:

  • NVentures, the venture arm of AI titan Nvidia
  • Analog Devices
  • IQT
  • Dauntless Ventures
  • Catalio Capital Management
  • Pennant Investors
  • Investors from Peter Diamandis' Abundance Membership

Geoffrey von Maltzahn, Ph.D., co-founder and CEO of Lila Sciences, emphasized the strategic value of these new investors, stating, "Our new investors bring technical collaborations to accelerate our global growth plans, conviction in Lila's role in national security and U.S. resilience from materials discovery touching computing, energy and infrastructure, and deep appreciation of the hardest problems in healthcare, therapeutics, diagnostics and longevity."

Advancing AI-Powered Scientific Research

Lila Sciences aims to revolutionize scientific research through the development of AI-driven autonomous research labs. The company's impressive fundraising efforts will support advancements in four core areas:

  1. Enhancing "superhuman scientific performance"
  2. Expanding automated labs, referred to as AI science factories
  3. Onboarding the company's first customers
  4. Recruiting top talent described as "the world's most brilliant minds"

The company is currently constructing new AI science factories in Boston, London, and San Francisco. These facilities are designed to autonomously perform the scientific method by generating hypotheses, designing experiments, executing them, learning from results, and iterating.

Claimed Achievements and Future Prospects

Lila Sciences has made bold claims about its technological capabilities, including:

  • Development of large language models with advanced scientific reasoning abilities
  • Creation of genetic medicine constructs surpassing those currently on the market
  • Production of hundreds of new antibodies, peptides, and binders targeting various therapeutic applications

While these claims have garnered significant investor interest, it's worth noting that the company has not yet publicly released data to support these assertions. As Lila Sciences continues to expand its operations and bring its first customers on board, the pharmaceutical industry will be closely watching for concrete results that could potentially transform the drug discovery and development landscape.

References

  • Lila Sciences adds Nvidia-backed $115M to series A, bringing total haul to $350M

    Flagship Pioneering’s Lila Sciences has had little trouble finding supporters for its “scientific superintelligence” mission since its March debut. After closing a $235 million series A last month, Lila has now expanded the round with an additional $115 million, including funds from the venture arm of AI titan Nvidia.