Astromech raised $20mn at a $3.8bn valuation

Astromech has raised $20mn at a $3.8 billion valuation to build AI that predicts how living systems will change.

The company says its models learn from 3.8 billion years of biological history. The valuation and the training window are the same number, and nobody has said whether that is a coincidence.

Bob Nelsen led the round, with Peak 6, NeoGenesis Capital, Builders VC and CAZ Investments taking part, GamesBeat reported. Total funding now stands at $60mn.

Who is behind it

Astromech was founded by Ben Lamm and George Church, the pair behind Colossal Biosciences.