Wednesday, March 18, 2026

STAT+: AI biotech founded by ex-Google CEO Eric Schmidt is raising $150 million

Hologen, a secretive AI startup co-founded by former Google CEO, is making waves in the tech world as it looks to raise $150 million in funding. The company, which has been operating in stealth mode since its inception, has caught the attention of investors and industry experts alike with its cutting-edge technology and impressive team.

Founded in 2018 by former Google CEO Eric Schmidt and former Google Cloud executive Diane Greene, Hologen has been quietly developing its AI platform, which promises to revolutionize the way businesses use artificial intelligence. The company has been operating under the radar, with little information available about its operations or products. However, with the recent announcement of its funding round, Hologen is finally stepping into the spotlight.

The startup has already secured $50 million in funding from top venture capital firms, including Sequoia Capital and Greylock Partners. Now, with its sights set on raising an additional $150 million, Hologen is poised to become a major player in the AI industry.

So, what exactly is Hologen and why is it generating so much buzz? The company’s website offers little information, with only a brief description of its mission to “unlock the full potential of AI for businesses.” However, industry insiders have revealed that Hologen is developing a platform that will allow businesses to easily integrate AI into their operations, without the need for specialized technical knowledge.

This is a game-changing concept in the world of AI, where many companies struggle to effectively utilize the technology due to its complexity and high cost. Hologen’s platform aims to democratize AI, making it accessible to businesses of all sizes and industries.

The company’s co-founders, Eric Schmidt and Diane Greene, bring a wealth of experience and expertise to the table. Schmidt, who served as Google’s CEO from 2001 to 2011, is widely recognized as a pioneer in the tech industry. He has been a vocal advocate for the use of AI in business and has been actively involved in the development of Hologen’s platform.

Greene, who joined Google in 2015 as the CEO of Google Cloud, has a strong background in AI and has been instrumental in the company’s success in the cloud computing market. With their combined knowledge and leadership, Schmidt and Greene are well-equipped to lead Hologen to success.

The company’s team also includes top AI experts and engineers from Google, Facebook, and other leading tech companies. This impressive lineup of talent has further fueled the excitement surrounding Hologen and its potential to disrupt the AI industry.

Hologen’s funding round is expected to close in the coming months, and the company plans to use the funds to further develop its platform and expand its team. With the support of top investors and a strong leadership team, Hologen is well-positioned to become a major player in the AI market.

The potential impact of Hologen’s platform is far-reaching. By making AI more accessible and affordable, the company has the potential to transform the way businesses operate and compete in the digital age. This has caught the attention of not only investors but also industry experts, who see Hologen as a game-changer in the AI landscape.

In a statement, Schmidt expressed his excitement for the future of Hologen, saying, “We believe that AI has the power to transform businesses and society, and we are committed to making it accessible to all. With the support of our investors and the dedication of our team, we are confident that Hologen will revolutionize the way businesses use AI.”

As Hologen prepares to emerge from stealth mode and enter the market, the tech world is eagerly anticipating the company’s next move. With its innovative platform, experienced leadership, and strong financial backing, Hologen is poised to make a significant impact in the AI industry and beyond.

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