All the funding deals in the AI in drug discovery market

Last updated: 12 May 2026

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market research pitch 2026 statistics AI in drug discovery market

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The AI in drug discovery market is attracting large funding rounds because investors see AI as a faster way to find, design, and test new drug candidates before human trials.

We conducted deep research and collected 62 funding deals for the AI in drug discovery market between 2024 and Q2 2026.

We refresh this page very often so readers can track the newest AI in drug discovery market funding activity.

And if you want to better understand this new industry, you should get our beautiful slides covering the AI in drug discovery market.

Insights

  • The AI in drug discovery market had 62 funding deals since 2024, showing that investor interest is broad and not limited to one or two famous companies.
  • Three very large AI in drug discovery market rounds shaped the dataset: Xaira raised $1.0 billion, Isomorphic Labs raised $600 million, and Insilico Medicine listed with $293 million.
  • The AI in drug discovery market is moving beyond software only. Medra, Chemify, Synfini, and Onepot AI all combine AI with lab automation or chemistry execution.
  • Protein design is becoming a clear funding theme in the AI in drug discovery market, with Profluent, Chai Discovery, Galux, Latent Labs, and AI Proteins all raising capital.
  • Several AI in drug discovery market companies raised more than once, including AQEMIA, Lila Sciences, Insilico Medicine, Chai Discovery, Profluent, Enveda, and OutSee.
  • The AI in drug discovery market is global. The deal list includes companies from the United States, Europe, Israel, Singapore, India, and the United Kingdom.
  • Small rounds still matter in the AI in drug discovery market. Deals below $10 million often fund narrow platforms, such as safety prediction, peptide discovery, or target discovery.
  • The AI in drug discovery market is not only about finding targets. Many funded companies now focus on molecule design, toxicity prediction, synthesis, and preclinical decision support.
Chart showing annual venture capital investment in AI drug discovery startups

This chart, featured in our AI in drug discovery market deck, shows annual venture capital investment in AI drug discovery startups

Summary table of the funding deals for the AI in drug discovery market since 2024

We define the AI in drug discovery market as revenue from AI-enabled software and related services that materially support the identification and design of therapeutic candidates before human trials.

We include AI used for target identification/validation, hit/lead generation, lead optimization, de novo design, repurposing, and preclinical prediction/assessment (e.g., ADMET/tox).

We exclude AI primarily used for clinical trial operations, regulatory submissions, manufacturing, pharmacovigilance, or commercial/enterprise analytics not directly tied to discovery and preclinical candidate selection.

We focused exclusively on pure players, defined as companies with at least 70–80% of their business directly tied to the AI in drug discovery market.

Our analysis has been done at a global level with a minimum funding threshold of $300k.

You can also read our detailed analysis to understand how funding activity in the AI in drug discovery market has evolved recently.

If you want a longer-term view, we also have a study of how funding activity in the AI in drug discovery market has changed over the years.

Also, you should know that we have a dedicated page, updated weekly, with all the latest fundraising deals in the AI in drug discovery market.

Name What they do Amount in $ Quarter Source(s)
Fathom Therapeutics Uses quantum chemistry and AI to design small-molecule medicines. $47.0M Q2 2026 PR Newswire
10x Science Uses AI to characterize proteins and evaluate candidate molecules. $4.8M Q2 2026 PR Newswire
Helical Turns biological foundation models into in-silico discovery workflows. $10.0M Q2 2026 Tech.eu
DeepCyte Uses single-cell AI tools to detect and predict drug toxicity. $1.5M Q2 2026 PR Newswire
Generare Uses AI to turn microbial genomes into novel molecules. $23.0M Q2 2026 EU-Startups
Ternary Therapeutics Uses AI and lab feedback to design molecular glue drugs. $4.5M Q1 2026 EU-Startups
Antiverse Uses AI and lab feedback to design antibodies for difficult targets. $9.3M Q1 2026 Business Wire
Tamarind Bio Provides infrastructure for molecular AI inference and simulation models. $13.6M Q1 2026 Tamarind Bio
Pharmacelera Uses quantum mechanics and AI to find new molecules. $6.5M Q1 2026 PR Newswire
Peptris Uses AI to advance drug programs toward clinical development. $8.4M Q1 2026 IAN Group
Sable Bio Uses AI to assess early toxicity and safety risk. $3.4M Q1 2026 EU-Startups
Galux Uses AI to design protein therapeutics with better developability. $29.0M Q1 2026 Business Wire
Converge Bio Builds generative AI tools for targets, antibodies, and proteins. $25.0M Q1 2026 PR Newswire
Proxima Uses AI to develop proximity-based medicines, including molecular glues. $80.0M Q1 2026 Business Wire
OutSee Uses predictive genomics for target discovery and candidate generation. $3.2M Q1 2026 UKBN
Boltz Builds open biomolecular AI models for molecule and protein design. $28.0M Q1 2026 Launch Announcement
Topos Bio Uses foundation models to drug intrinsically disordered proteins. $10.5M Q1 2026 Press Release
Chai Discovery Builds AI tools for antibody design and broader molecular discovery. $130.0M Q4 2025 Source
Excelsior Sciences Uses AI and robotics to discover small-molecule drugs with machine-suitable chemistry. $70.0M Q4 2025 Source
ChemLex Builds a self-driving lab for AI-led chemical and drug discovery. $45.0M Q4 2025 Source
Insilico Medicine Uses generative AI for target discovery, molecule design, and pipeline development. $293.0M Q4 2025 Source
Lila Sciences Builds AI science labs for life sciences, chemistry, and therapeutics discovery. $115.0M Q4 2025 Source
Medra Combines AI algorithms and robotic execution for drug discovery experiments. $52.0M Q4 2025 Source
PsiThera Uses AI and physics tools to design oral drugs for immune targets. $47.5M Q4 2025 Source
AI Proteins Designs de novo miniprotein therapeutics with AI. $41.5M Q4 2025 Source
Profluent Builds frontier AI models for protein design and programmable biology. $106.0M Q4 2025 Source
TandemAI Combines AI, physics computation, and wet-lab work for drug discovery. $22.0M Q4 2025 Source
Iambic Therapeutics Uses physics-informed AI to design small-molecule drugs. $100.0M Q4 2025 Source
Onepot AI Uses AI and automation to plan and run small-molecule synthesis. $13.0M Q4 2025 Source
Chemify Uses AI, robotics, and digital chemistry for molecule design and synthesis. $50.0M Q4 2025 Source
Expedition Medicines Uses generative covalent chemistry to drug hard-to-treat targets. $50.0M Q4 2025 Source
Lila Sciences Builds AI science labs for life sciences, chemistry, and therapeutics discovery. $235.0M Q3 2025 Source
Enveda Biosciences Uses AI to discover medicines from natural-product chemistry. $150.0M Q3 2025 Source
Chai Discovery Builds AI models for molecular interaction prediction and biologics design. $70.0M Q3 2025 Source
Synfini Automates molecular design and synthesis for small-molecule drug discovery. $8.9M Q3 2025 Source
Inductive Bio Builds AI models for small-molecule ADMET and property prediction. $25.0M Q2 2025 Source
ProteinQure Designs peptide therapeutics with machine learning, structural biology, and simulations. $11.0M Q2 2025 Source
OutSee Uses predictive genomics for CNS and rare-disease target discovery. $2.3M Q2 2025 Source
Kiin Bio Builds an AI virtual scientist for drug discovery and lab work. $2.2M Q2 2025 Source
Insilico Medicine Uses generative AI for target discovery, molecule design, and pipeline development. $13.0M Q2 2025 Source
Variational AI Builds foundation models for small-molecule discovery and lead optimization. $5.5M Q1 2025 Source
Latent Labs Uses generative AI for protein design and antibody optimization. $50.0M Q1 2025 Source
Manas AI Uses AI to discover oncology and rare-disease medicines. $24.6M Q1 2025 Source
Bioptimus Builds biology foundation models for medical and biotech discovery. $41.0M Q1 2025 Source
Pepticom Uses AI to discover peptide therapeutics. $6.6M Q1 2025 Source
Isomorphic Labs Uses AlphaFold-based AI to design drugs and advance therapeutic programs. $600.0M Q1 2025 Source
Insilico Medicine Uses generative AI for target discovery, molecule design, and pipeline development. $110.0M Q1 2025 Source
Lila Sciences Builds AI science labs for life sciences, chemistry, and therapeutics discovery. $200.0M Q1 2025 Source
AQEMIA Uses generative AI and physics to invent and advance drug candidates. $38.0m Q4 2024 BusinessWire
Enveda Uses AI to identify drug candidates from natural-product chemistry. $130.0m Q4 2024 Bloomberg
Converge Bio Builds generative AI models for drug discovery across biological data types. $5.5m Q4 2024 PR Newswire
Archon Biosciences Uses computational protein design to create new therapeutic protein structures. $20.0m Q4 2024 GeekWire
Noetik Uses machine learning and spatial biology to discover precision cancer therapies. $40.0m Q3 2024 BusinessWire
Talus Bio Uses AI and proteomics to find transcription-factor drug targets. $11.2m Q3 2024 Talus Bio
Healx Uses AI to discover and repurpose rare-disease treatments. $47.0m Q3 2024 Healx
Iambic Therapeutics Uses AI to design and advance small-molecule drugs. $50.0m Q2 2024 Life Sciences USA
LabGenius Uses machine learning and automation to design therapeutic antibodies. $44.5m Q2 2024 LabGenius
Yoneda Labs Builds foundation models for chemists working in drug discovery. $4.0m Q2 2024 BusinessWire
Xaira Therapeutics Builds an AI-powered platform for drug discovery and product development. $1,000.0m Q2 2024 BusinessWire
Profluent Builds AI models for biomedicine, with an initial focus on gene editing. $35.0m Q1 2024 BusinessWire
Relation Therapeutics Uses machine learning to find disease biology and drug targets. $35.0m Q1 2024 Axios
Bioptimus Builds biology foundation models for research and drug discovery. $35.0m Q1 2024 Bioptimus
AQEMIA Uses generative AI and physics to design small-molecule drug candidates. $32.4m Q1 2024 Observer News Enterprise
Market map chart showing top companies and startups in the AI in drug discovery market

This market map, featured in our AI in drug discovery market deck, highlights top companies and startups in the AI in drug discovery market

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