# DeepMind alumni raise at least $100M for Revolution Labs, Bloomberg says

Digest AI · Business & Funding · published 2026-09-25T08:45:00Z

Canonical: https://digestai.news/story/deepmind-alumni-raise-at-least-100m-for-revolution-labs-bloomberg-says

## Summary

A breakfast gathering of 15 former DeepMind employees and alumni in London turned into a discussion about funding new AI ventures. The meeting, held at a five‑star hotel near Google’s UK headquarters, highlighted how DeepMind’s shift of its AI division from London to California—marked by co‑founder Demis Hassabis stepping down in August—has spurred a wave of alumni looking for capital.

Among the alumni, Nando de Freitas, who left DeepMind in 2024 after a decade at the lab and a stint at Microsoft Corp., is reportedly in talks to raise at least $100 million for a startup called Revolution Labs. The company plans to focus on AI diffusion models, an alternative to transformer‑based large language models. De Freitas’ move follows a broader trend of DeepMind scientists, including David Silver, Thore Graepel and Jack Parker‑Holder, who are also seeking or securing funding.

The article notes that Google and DeepMind have produced over 40 founders of “neolabs,” more than OpenAI, Anthropic PBC and Meta Platforms Inc. combined, according to a June analysis by Radical Ventures. Other DeepMind executives, such as Nobel laureate John Jumper, have joined rivals like Anthropic, underscoring the growing VC interest in AI talent emerging from the lab.

## Key points

- 15 DeepMind alumni met in London to discuss startup funding
- Nando de Freitas aims to raise at least $100 million for Revolution Labs
- DeepMind has produced over 40 AI startup founders, more than OpenAI, Anthropic and Meta combined

## Why it matters

The surge of DeepMind alumni seeking VC capital signals a shift in AI talent migration and highlights the high demand for new AI technologies beyond large‑language models.

## Sources

1. [Google DeepMind Exodus Sparks VC Frenzy for AI’s Next Big Thing](https://finance.yahoo.com/technology/ai/articles/google-deepmind-exodus-sparks-vc-154517490.html) (finance.yahoo.com, 2026-09-25)

## Cite

Digest AI, "DeepMind alumni raise at least $100M for Revolution Labs, Bloomberg says", 25 September 2026, https://digestai.news/story/deepmind-alumni-raise-at-least-100m-for-revolution-labs-bloomberg-says

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