Coinbase CEO’s Biotech Firm Gets $130M to Fight Aging With AI, Genomics
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In brief NewLimit aims to increase healthy lifespan using AI-driven cell reprogramming. The Series B round brings total funding to over $170 million, backed by top tech and VC names. The longevity startup is part of a broader trend of billionaire-backed longevity ventures. NewLimit, a biotechnology startup co-founded by Coinbase CEO Brian Armstrong, has raised $130 million in a Series B funding round to bolster its ambitions to slow or even reverse aspects of human aging. The round, led by Kleiner Perkins, drew participation from prominent returning investors including Founders Fund, Dimension Capital, angel investor Elad Gil, Y Combinator CEO Garry Tan, and Stripe co-founder Patrick Collison, according to a statement. New investors included former GitHub CEO Nat Friedman, Apple’s former machine learning director Daniel Gross, and Khosla Ventures. The raise brings the startup’s total funding to over $170 million following a $40 million Series A in 2023. Flip it and reverse it Armstrong launched NewLimit more than four years ago with former GV partner Blake Byers and stem cell researcher Jacob Kimmel. The company is pursuing therapies that increase “healthy life expectancy”—how long someone can live a healthy life, as opposed to just life expectancy—by reprogramming the human epigenome by altering how cells behave without changing their underlying DNA. NewLimit described its mission as treating aging itself, which it called the “meta driver of nearly every major human disease.” “Once thought to be irreversible, the emerging science of epigenetic reprogramming has shown that aging is in fact malleable,” it said. NewLimit is part of a growing movement among tech billionaires who are pivoting from software and fintech to the tantalizing prospect of biological immortality. Billionaire obsession The venture fits squarely in a wave of Silicon Valley-backed longevity startups hoping to solve the age-old problem of aging itself with cutting-edge…
Filed under: News - @ May 7, 2025 11:25 am