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Aureka Biotechnologies raises US$100 million to build a biological world model for drug discovery

Aureka Biotechnologies has closed financing of US$100 million.

The company will direct proceeds primarily toward research and large-scale training of its next generation of biological foundation models, further strengthening performance on core tasks such as de novo molecular design, biological structure modelling and function prediction. Aureka will also upgrade Lab-in-the-Loop, its experiment-centred feedback engine, strengthening the closed-loop between those models and its proprietary single-cell functional screening, high-throughput experimental validation and drug development platforms.

With its closed-loop, AI-native infrastructure already built, Aureka is now strengthening the intelligence core of that system: its foundation models. Aureka combines large-scale pre-training, project-specific post-training, AI agents and experiments that run at scale into AI-for-Science infrastructure for the life sciences. In it, models do not just solve individual drug discovery tasks; they learn the rules of biology, to understand, generate, predict and intervene in complex biological systems.

As foundation models and automated R&D converge, Aureka is shifting from using AI to make drug discovery more efficient to using AI to model living systems, pushing both the technical frontier and the commercial ceiling of AI-driven drug discovery.

Closed-loop AI-native infrastructure builds a stronger intelligence core

Founded in 2023, Aureka Biotechnologies is an AI-native techbio company developing a new generation of biological foundation models and closed-loop infrastructure that surrounds them, combining AI models, agents, digital biology and experimental platforms to redesign the drug discovery process end to end.

Biology does not yield to computation alone; it depends on feedback from the physical world. Sustained improvement in large biological models requires more than advances in computing, algorithms and model architecture. It also takes high-quality experimental data that faithfully reflects molecular function, and an experimental system able to continuously test model hypotheses, correcting model bias and feeding results into the next iteration.

Aureka therefore treats Lab-in-the-Loop as core infrastructure for model development, integrating AI agents, high-throughput digital biology, proprietary single-cell functional screening and its in-house experimental platform. The resulting loop runs from molecular generation through experimental design, functional validation and model post-training to candidate development.

In this system, the laboratory is no longer a validation step that follows model output; it is a core part of how the model learns and improves. Models propose experimentally testable molecular designs and scientific hypotheses; the experimental platform generates high-quality functional data; and that data flows back into both the foundation model and project-specific models, driving continuous iteration into the next round of design and validation.

This Lab-in-the-Loop mechanism lets Aureka generate its own large-scale, information-dense functional experimental data for use in foundation model pre-training, reinforcement learning and project-specific post-training. Compared with development paths that rely mainly on public, static datasets, Aureka’s models receive experimental feedback from live drug discovery programmes and evolve through a continuous design-validation-learning cycle – a flywheel in which data, models, experiments and drug assets reinforce one another.

Granite Asia funded the first tranche exclusively, and a prominent strategic investor led a subsequent tranche, with participation from HighLight Capital (HLC) and follow-on investment from existing shareholders including MPCi and NRL Capital. Aureka has now raised nearly US$200 million to date.

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