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§ Private Profile · London, United Kingdom
Protein engineering platform developer integrating AI, robotics, and synthetic biology to design next-generation protein therapeutics for biotech.
LabGenius, based in London, UK, develops an AI-driven protein engineering platform that integrates synthetic biology, machine learning, and robotic automation to design and evolve next-generation protein therapeutics. Their proprietary EVA™ platform enables the discovery and characterization of novel drug molecules, which are then advanced to market by biotech and pharmaceutical partners through R&D programs featuring upfront payments, milestones, and royalties. The company focuses on developing protein therapeutics for diseases like inflammatory bowel disease (IBD) and has secured a deal with Tillotts Pharma AG for IBD drug candidates. LabGenius has raised over $75 million in funding and maintains a team of approximately 50 employees. Key investors include Lux Capital, Obvious Ventures, Felicis Ventures, Atomico, and Kindred Capital. The organization was founded by Dr. James Field.
LabGenius has raised $73.0M across 4 funding rounds.
LabGenius has raised $73.0M in total across 4 funding rounds.
LabGenius Therapeutics is a London-based biopharmaceutical company founded in 2012 that develops next-generation protein therapeutics, particularly therapeutic antibodies for solid tumors, using its proprietary EVA™ platform—a machine learning-driven evolution engine integrating AI, robotic automation, and synthetic biology.[1][2][3][5] The platform automates antibody discovery and optimization, enabling rapid co-optimization across multiple properties like selectivity and killing efficacy to address complex design challenges in biologics.[3][5] It serves the biopharmaceutical sector, solving inefficiencies in traditional protein engineering by delivering best-in-class molecules faster; recent momentum includes a £35M ($45M) Series B in June 2024, building on prior $30M raised, with a team of over 50 expanding toward clinical trials.[1][6]
LabGenius was founded in 2012 by James Field, then a PhD student, who envisioned revolutionizing biological molecule discovery through machine learning—a pitch initially dismissed by investors as he was "just a nobody PhD student."[6] Field serves as CEO, with key leaders like Platform Architect Harry Rickerby; the company emerged from his academic work, starting with no traction but persisting through automation and AI integration in labs using high-end DNA sequencers and robots.[1][6] Pivotal moments include early recognition as a "Game Changer" in 2018, steady funding to $30M by 2024, and the £35M Series B to fuel pipeline advancement amid a 12-year path without revenues, focusing on molecule progression over commercialization.[1][2][6]
LabGenius stands out in antibody discovery through these key strengths:
LabGenius rides the AI-biotech convergence trend, accelerating drug discovery amid soaring biologics costs and timelines—critical as solid tumor therapies demand precise, multi-property antibodies that traditional wet-lab methods struggle to engineer.[3][5][6] Timing aligns with post-2020 AI maturity in protein design (e.g., AlphaFold impacts) and investor appetite for ML-driven pharma, as seen in its 2024 funding amid 150 "game-changing" tech deals.[1][2] Market forces like rising cancer prevalence and multispecific antibody demand favor it, while its EVA™ influences the ecosystem by pioneering scalable, data-rich platforms—potentially transforming pharma from artisanal to industrialized, much like automation's rise in the industry.[6]
LabGenius is poised to advance its solid tumor antibody pipeline into clinical trials, likely requiring team growth beyond 50 and further funding to sustain its revenue-free focus on high-value molecules—mirroring NASDAQ biotechs racing to acquisition or IPO.[6] Shaping trends include AI's deepening role in biologics (e.g., generative models for harder targets) and partnerships with big pharma seeking selectivity edges; its influence could expand via platform licensing if EVA™ proves in clinic, cementing it as a leader in faster, smarter protein therapeutics from its 2012 origins.[1][3][5]
LabGenius has raised $73.0M across 4 funding rounds. Most recently, it raised $44.0M Series B in May 2024.
LabGenius has raised $73.0M in total across 4 funding rounds.
LabGenius's investors include Oliver Hardick, Polygon, Balaji Srinivasan, Jutta Steiner, Ott Kaukver, Irina Elena Haivas, Leila Zegna, LG Corp, Lux Capital, Obvious Ventures, Oliver Sims, Inovia Capital.