Multiply Labs raises $75 million to automate drug manufacturing. Multiply Labs, a San Francisco based robotics startup, announced Tuesday the closing of a $75 million Series B funding round aimed at automating the manufacturing of complex biologics and gene therapies. The round, led by NantWorks, the holding company founded by billionaire Patrick Soon Shiong, also includes investments from AstraZeneca, Lux Capital, and Founders Fund. With this capital injection, the company has surpassed $100 million in total funding since its 2016 founding. Multiply Labs operates at the intersection of artificial intelligence and advanced manufacturing, addressing a critical bottleneck in modern pharmaceutical production. While computational models can accelerate drug discovery, the physical fabrication of advanced therapies remains largely manual, labor intensive, and highly susceptible to contamination. According to a 2025 industry analysis, producing a single dose of certain gene therapies can exceed one million dollars. Multiply Labs counters this inefficiency by deploying integrated robotic systems designed to standardize and scale the synthesis of mRNA treatments and cell based therapies. Chief Executive Fred Parietti emphasized that automated production is the only viable path to achieving consistent throughput, quality control, and economic feasibility. The company machines currently reside in specialized warehouse facilities, featuring compact robotic arms and fluid handling modules optimized for closed system processing. Multiply Labs generates revenue through direct equipment sales to pharmaceutical partners, recurring income from proprietary reaction cartridges, and ongoing technical support. While executive leadership declined to disclose exact deployment figures, the current installed base remains in the high single digits. The funding will primarily focus on refining manufacturing workflows, expanding the European supply chain for critical components, and scaling operations to transition from early adopter pilots to broader commercial production. Pharma manufacturers such as AstraZeneca and Legend Biotech are already operating the systems in house, providing real world validation before widespread industry adoption. This capital raise aligns with a broader market shift toward physical AI, where machine learning and robotics converge to automate physical processes previously confined to human dominated laboratories. Investors are increasingly capitalizing on platforms that translate digital intelligence into tangible manufacturing outputs. Multiply Labs immediate challenge lies in reducing per unit costs from multi million dollar capital expenditures to car priced equipment, while simultaneously streamlining maintenance and supply logistics. Success in this transition would effectively decouple advanced drug production from manual laboratory constraints, establishing a new standard for scalable, cost effective biomanufacturing.

Multiply Labs, a San Francisco robotics startup automating drug manufacturing, raised $75 million in Series B funding led by NantWorks. The round brings total funding to over $100 million since 2016. The company builds robots that manufacture complex drugs like gene therapies and mRNA treatments, which are typically made manually in laboratories. Production costs for some gene therapies exceed $1 million per dose, according to 2025 research. Multiply's robots currently cost several million dollars each to build. Drugmakers including AstraZeneca and Legend Biotech purchase and operate the machines at their facilities. Multiply also generates revenue from cartridges and service support. The company has deployed a high single-digit number of machines with customers. CEO Fred Parietti said robotics is essential to achieve necessary throughput, cost reduction, and quality in drug manufacturing.

Multiply Labs - Funding & investors. Last updated: April 6, 2026 Multiply Labs' funding rounds. Multiply Labs has raised a total of $41.3M over 7 funding rounds: 3 Seed and 4 Early-Stage round s. Multiply Labs' largest funding round so far was a Series A round for $***** in Apr 2021. Here is the list of all funding rounds of Multiply Labs: | Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors | | Apr 21, 2023 | 2041367 | Series A | 3319109 | 9135293 | 3099539 | 4086360 | | Apr 14, 2021 | 2657263 | Series A | 5925816 | 4466755 | 6608485 | Lux Capital & 3 more | | Oct 27, 2018 | 9572761 | Series A | 4644887 | 9212511 | 8077938 | 2014680 | | May 11, 2017 | 4797781 | Series A | 3875885 | 9861974 | 3348546 | Graph Ventures & 5 more | | 2016 | 3338 | Seed | 8966 | 6394 | MIT Sandbox Innovation Fund Program | 1984 | | Aug 22, 2016 | 6270815 | 275706 | 1251781 | 3745093 | 8161543 | 4582795 | | Aug 20, 2016 | 6353672 | 624806 | 7882936 | 5171611 | 9475670 | 8336843 | Multiply Labs' investors. Multiply Labs has total 24 investor s, 24 are institutional investors including Y Combinator and 23 others. Here is the list of institutional investors of Multiply Labs: * Lux Capital, located in Menlo Park (United States), made their first investment in Multiply Labs on Apr 14, 2021 in its Series A round. * Graph Ventures, located in San Francisco (United States), made their first investment in Multiply Labs on May 11, 2017 in its Series A round. * MIT Sandbox Innovation Fund Program, located in Cambridge (United States), made their first investment in Multiply Labs on 2016 in its Seed round. Are you a Founder? FAQs about Multiply Labs' funding and investors. Multiply Labs has raised a total of $41.3M over 7 rounds. Multiply Labs' largest funding round was a Series A round held on Apr 14, 2021 for $*****. * 4 Early-Stage rounds * 3 Seed rounds Multiply Labs has a total of 24 investors, all of them are Institutional investors. Explore latest companies that raised funding recently * Budderfly - Shelton based, raised a funding of $100M in Conventional Debt round held on Jun 23, 2025. * Vizsla Silver - Vancouver based, raised a funding of $100M in Post IPO round held on Jun 23, 2025. * PhysicsX - London based, raised a funding of $135M in Series B round held on Jun 23, 2025. * Techarena - raised a funding of $1.24M in Seed round held on Jun 23, 2025. * Tattle - New York City based, raised a funding of $1.5M in Venture Debt round held on Jun 23, 2025.