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Biotech startup funding holds steady amid AI surge

Even as startup investment set new records—driven by generative AI—biotech funding has stayed steady, sticking between $36 and $40 billion globally for several years. AI-focused biotechs raised a notable $6 billion so far this year, with London’s Isomorphic Labs landing the largest biotech round at $2.1 billion. Most biotech funding still goes to early-stage startups, and several, like Kailera Therapeutics, have gone public early.

Why it mattersIf you’re watching investment trends, biotech isn’t soaring the way AI is, but it isn’t falling behind either. AI is starting to reshape biotech funding, but most investment still backs brand-new companies—some of which are racing to IPO.

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Crunchbase NewsBiotech Startup Investment Held Steady Even As AI Funding Surged11:00 AM

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