Colossal Biosciences spins out AI startup Astromech at $2B valuation

Hollywood & Games returns to Los Angeles on December 10, bringing together 250+ executives, founders, investors and decision-makers at the Grammy Museum's Clive Davis Theater. Explore the business of entertainment's biggest partnership through independent, journalist-led conversations on IP, investment, storytelling and new opportunities across gaming and Hollywood. Space is limited. Secure your seat today.

Colossal Biosciences, which is trying to bring back the woolly mammoth with genetics tech, has spun out its AI startup Astromech at a $2 billion valuation.

Founded by Colossal founders Ban Lamm and George Church, the AI-driven biological intelligence company Astromech is Colossal Biosciences first spinout to reach unicorn status (a valuation above $1 billion).

As an AI company, Astromech is currently focused on highly targeted models in the deep R&D phase. Its most recent funding round valued the company at $2 billion. To date, the company filed a notice last year saying it had raised $30 million. That round eventually reaped another $10.5 million, for a total round raise of $40.5 million.

Ben Lamm is CEO of Colossal Bioscienes.

The company emerged publicly in August 2025. Gestated within Colossal Biosciences, Astromech applies advanced AI and computational technologies to biotechnology — particularly genomics, synthetic biology, and evolutionary prediction modeling.

The platform integrates two complementary capabilities: deep learning algorithms that identify biological patterns across species, and Bayesian ancestral reconstruction methods that model evolutionary trajectories.

Together, these form a unified biological intelligence architecture, combining genomic, evolutionary, and functional data to predict biological outcomes and uncover the regulatory mechanisms that shape them over time — a significant step toward modeling how living systems evolve, including key susceptibility points.