Which startups have raised the most funding in the AI in drug discovery market?
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In our AI in drug discovery market deck, you will find everything you need to understand the market
The AI in drug discovery market has become one of the most capital-intensive parts of biotech, with several companies raising hundreds of millions of dollars to build platforms for molecular design, protein engineering, antibody discovery, disease modeling, and clinical prediction.
This ranking is a constantly refreshed list of the top startups in the AI in drug discovery market, ranked by cumulative funding raised, and we update this list every month.
The goal is simple: help founders, investors, pharma teams, and market researchers quickly understand which AI drug discovery companies have attracted the most capital so far.
And if you want to better understand this new industry, you can download our pitch covering the AI in drug discovery market.
A quick summary table
| Metric | Value |
|---|---|
| Most funded AI in drug discovery startup | Eikon Therapeutics, $1.5B raised |
| Second most funded AI in drug discovery startup | Relay Therapeutics, $1.4B raised |
| Largest funding round | Xaira Therapeutics, $1.0B Series A |
| Median funding | About $115M |
| Share of funding captured by the top 10 | About 44% of tracked funding |
| Median time since last round | About 23 months |
| Startups that raised funding in the last 12 months | 22 startups |
| Total AI in drug discovery funding tracked | About $23.8B |
| Active private AI drug discovery startups at or above $200M | 23 startups |
| IPO-stage AI drug discovery companies in the ranking | 14 companies |

This chart, featured in our AI in drug discovery market deck, shows annual venture capital investment in AI drug discovery startups
Top startups in the AI in drug discovery market ranked by total funding raised
Here is an updated table that ranks the top startups in the AI in drug discovery market based on the total amount of funding they have raised to date.
The table also includes the total number of funding rounds, the date and size of the latest round, the financing type (e.g. Series A, equity financing), key investors, the startup’s current status (active, IPO, acquired, or shut down), and a confidence score based on the data collected (we excluded startups with very low data confidence, to make sure everything is reliable).
If you're interested in knowing how much these startups are worth, you can check our list of the top startups in the AI in drug discovery market ranked by valuation.
| # | Startup | What They Do | Total Raised ($) | Total Rounds | Last Round Date | Last Round Amount ($) | Last Round Type | Key Investors | Current Stage | Confidence |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Eikon Therapeutics | Live-cell drug discovery | $1.5B | 5 | February 2026 | $381M | IPO | Public-market investors | IPO | Strong |
| 2 | Relay Therapeutics | Protein-motion precision medicines | $1.4B | 6 | May 2026 | $275M | Public offering | SoftBank Vision Fund, Third Rock Ventures, BVF Partners | IPO | Full |
| 3 | XtalPi | AI molecular discovery | $1.3B | 7 | February 2025 | $268M | Post-IPO placement | Undisclosed institutional placees | IPO | Partial |
| 4 | Generate:Biomedicines | Generative protein therapeutics | $1.1B | 4 | February 2026 | $400M | IPO | Public-market investors | IPO | Strong |
| 5 | Recursion Pharmaceuticals | Industrialized AI biology | $1.1B | 7 | July 2023 | $50M | PIPE | NVIDIA | IPO | Strong |
| 6 | Xaira Therapeutics | AI drug discovery platform | $1.0B | 1 | April 2024 | $1.0B | Series A | ARCH Venture Partners, Foresite Labs, F-Prime Capital | Active | Full |
| 7 | Exscientia | AI-designed medicines | $841M | 6 | October 2021 | $465M | IPO + private placement | Public-market investors, SoftBank | Acquired | Strong |
| 8 | Parabilis Medicines | Helicon peptide cancer therapeutics | $812M | 6 | January 2026 | $305M | Series F | RA Capital, Fidelity, Janus Henderson | Active | Strong |
| 9 | Insilico Medicine | Generative AI drug discovery | $776M | 6 | December 2025 | $293M | IPO | Warburg Pincus, Value Partners Group, Qiming Venture Partners | IPO | Strong |
| 10 | Odyssey Therapeutics | Precision immunology oncology medicines | $700M | 4 | September 2025 | $213M | Series D | SR One, Dimension Capital, Jeito Capital | Active | Full |
| 11 | insitro | ML disease modeling | $643M | 3 | March 2021 | $400M | Series C | CPP Investments, Andreessen Horowitz, T. Rowe Price | Active | Full |
| 12 | Maze Therapeutics | Genetics-driven precision medicines | $636M | 4 | January 2025 | $140M | IPO | J.P. Morgan, TD Cowen, Leerink Partners | IPO | Full |
| 13 | Isomorphic Labs | AI drug design | $600M | 1 | March 2025 | $600M | Growth / external equity | Thrive Capital, GV, Alphabet | Active | Full |
| 14 | AbCellera | AI antibody discovery platform | $599M | 4 | December 2020 | $483M | IPO | Public markets, OrbiMed, DCVC Bio | IPO | Full |
| 15 | BenevolentAI | AI-enabled drug discovery | $524M | 5 | April 2022 | $242M | SPAC / public listing | Woodford Investment Management, Temasek, AstraZeneca | Acquired | Partial |
| 16 | Absci | Generative antibody drug creation | $523M | 8 | July 2025 | $50M | Public offering | Casdin Capital, Redmile Group, AMD | IPO | Strong |
| 17 | Enveda Biosciences | AI mines nature’s chemistry | $510M | 6 | September 2025 | $150M | Series D | Premji Invest, Kinnevik, Dimension | Active | Partial |
| 18 | BioAge Labs | Aging biology metabolic therapeutics | $492M | 5 | September 2024 | $198M | IPO | Goldman Sachs, Morgan Stanley, Jefferies | IPO | Full |
| 19 | BioXcel Therapeutics | AI neuroscience drug development | $478M | 8 | March 2026 | $8M | Registered Direct | Institutional investors, Rodman & Renshaw | IPO | Partial |
| 20 | Pathos AI | AI oncology drug development | $467M | 3 | May 2025 | $365M | Series D | NEA, Revolution Growth, Lightbank | Active | Partial |
| 21 | Valo Health | Human-data drug discovery | $400M | 2 | March 2021 | $300M | Series B | PSP Investments, Flagship Pioneering, Koch Disruptive Technologies | Active | Partial |
| 22 | Predictive Oncology | AI oncology drug discovery | $387M | 3 | October 2025 | $344M | PIPE / private placement | Public-market PIPE investors | IPO | Partial |
| 23 | Iambic Therapeutics | AI-designed oncology therapeutics | $334M | 5 | April 2026 | $28M | Later financing | Abingworth, Ascenta Capital, Mubadala | Active | Strong |
| 24 | Owkin | Federated biomedical AI | $304M | 6 | June 2022 | $80M | Series B-1 / equity-linked | Bristol Myers Squibb | Active | Partial |
| 25 | Immunai | Immune mapping drug discovery | $295M | 3 | October 2021 | $215M | Series B | Koch Disruptive Technologies, Talos VC, 8VC | Active | Full |
| 26 | Genesis Therapeutics | AI designs small molecules | $280M | 4 | August 2023 | $200M | Series B | Andreessen Horowitz, Rock Springs Capital, Radical Ventures | Active | Strong |
| 27 | Cellarity | Cell-state drug discovery | $274M | 3 | October 2022 | $121M | Series C | Flagship Pioneering, Kyowa Kirin, Hanwha Impact Partners | Active | Full |
| 28 | METiS Therapeutics | AI drug discovery and delivery | $252M | 5 | April 2022 | $150M | Series B | PICC PE, China Life, HongShan | Active | Partial |
| 29 | Juvenescence.AI / Juvenescence | AI-enabled longevity therapeutics | $239M | 4 | May 2025 | $76M | Series B-1 | M42, existing investors | Active | Partial |
| 30 | Deep Genomics | AI RNA therapeutics | $237M | 4 | July 2021 | $180M | Series C | SoftBank Vision Fund 2, Khosla Ventures, True Ventures | Active | Full |
| 31 | Chai Discovery | AI molecular design models | $230M | 3 | December 2025 | $130M | Series B | Oak HC/FT, General Catalyst, Thrive Capital | Active | Full |
| 32 | Plexium | Targeted protein degradation therapeutics | $225M | 5 | August 2025 | $60M | Series B-II | DCVC, Pivotal bioVenture, Pappas Ventures | Active | Strong |
| 33 | Soley Therapeutics | Cell-stress drug discovery | $220M | 2 | January 2026 | $200M | Series C | Surveyor Capital, HRTG Partners, RWN Management | Active | Partial |
| 34 | Atomwise | AI small-molecule discovery | $218M | 4 | March 2025 | $44M | Series C | B Capital, Sanabil, DCVC | Active | Partial |
| 35 | HotSpot Therapeutics | Allosteric small-molecule medicines | $210M | 3 | November 2021 | $100M | Series C | Pivotal bioVenture, LSP, B Capital | Active | Full |
| 36 | Terray Therapeutics | AI small-molecule discovery | $200M | 3 | October 2024 | $120M | Series B | Bedford Ridge Capital, NVentures, Maverick Capital | Active | Strong |
| 37 | BioMap | Protein AI drug discovery | $200M | 2 | June 2024 | Undisclosed | Strategic financing | HKIC, GGV Capital, Baidu | Active | Partial |
| 38 | e-therapeutics / Tangram Therapeutics | AI-guided RNAi drug discovery | $180M | 7 | July 2024 | $37M | Private share subscription | M&G Investment Management, Richard Griffiths | Active | Strong |
| 39 | Superluminal Medicines | GPCR generative drug discovery | $153M | 2 | September 2024 | $120M | Series A | RA Capital, Insight Partners, NVentures | Active | Strong |
| 40 | BigHat Biosciences | AI antibody design platform | $148M | 3 | April 2025 | $124M | Series B | Section 32, Amgen Ventures, Bristol Myers Squibb | Active | Strong |
| 41 | EvolutionaryScale | Generative protein design models | $142M | 1 | June 2024 | $142M | Seed | Nat Friedman, Daniel Gross, Lux Capital | Active | Full |
| 42 | Verge Genomics / Verge Labs | AI human-genomics drug discovery | $134M | 4 | December 2021 | $98M | Series B | BlackRock, Eli Lilly, Merck GHI | Active | Partial |
| 43 | BlackThorn Therapeutics | Precision neuroscience therapeutics | $132M | 4 | June 2019 | $76M | Series B | Polaris Partners, GV, ARCH Venture Partners | Acquired | Strong |
| 44 | Inceptive | AI-designed RNA medicines | $120M | 2 | September 2023 | $100M | Series A | NVentures/NVIDIA, Andreessen Horowitz, Obvious Ventures | Active | Full |
| 45 | Healx | AI rare-disease drug discovery | $115M | 4 | August 2024 | $47M | Series C | R42 Group, Atomico, Balderton | Active | Strong |
| 46 | Aqemia | Physics AI drug discovery | $103M | 4 | December 2024 | $38M | Later equity / growth | Cathay Innovation, Wendel, Bpifrance | Active | Partial |
| 47 | Lantern Pharma | AI precision oncology therapeutics | $103M | 4 | May 2026 | $4M | Registered Direct | Existing holders, institutional investor | IPO | Partial |
| 48 | Cradle | AI protein engineering platform | $103M | 3 | November 2024 | $73M | Series B | IVP, Index Ventures, Kindred Capital | Active | Full |
| 49 | CytoReason | AI disease models for pharma | $100M | 2 | July 2024 | $80M | Series B / private financing | OurCrowd, NVIDIA, Pfizer | Active | Partial |
| 50 | HAYA Therapeutics | RNA-guided dark-genome therapeutics | $90M | 3 | May 2025 | $65M | Series A | Sofinnova Partners, Earlybird Venture Capital, Eli Lilly and Company | Active | Full |
| 51 | Auron Therapeutics | Cell-state oncology therapeutics | $88M | 3 | February 2025 | $27M | Series B | DCVC Bio, Apollo Health Ventures, BrightEdge | Active | Strong |
| 52 | Relation Therapeutics | Lab-in-loop drug discovery | $86M | 3 | December 2025 | $26M | Seed extension | NVentures, DCVC, Magnetic Ventures | Active | Partial |
| 53 | TandemAI | AI wet-lab drug discovery | $82M | 3 | November 2025 | $22M | Series A extension | KHK & Partners, V-Capital | Active | Full |
| 54 | Proxima | AI proximity therapeutics discovery | $80M | 1 | January 2026 | $80M | Seed | DCVC, NVentures, Braidwell | Active | Full |
| 55 | Rezo Therapeutics | Disease network therapeutics | $78M | 1 | November 2022 | $78M | Series A | SR One, a16z Bio + Health, Norwest Venture Partners | Active | Strong |
| 56 | Bioptimus | Biology foundation models | $76M | 2 | January 2025 | $41M | Series A | Cathay Innovation, Sofinnova Partners, Bpifrance | Active | Full |
| 57 | HeliXon | AI protein drug design | $75M | 1 | June 2022 | $75M | Series A | 5Y Capital, Gaorong Capital, GL Ventures | Active | Strong |
| 58 | Standigm | AI drug discovery platforms | $70M | 5 | July 2021 | $10M | Series C / strategic | SK Chemicals, Pavilion Capital, SKS PE | Active | Strong |
| 59 | ENSEM Therapeutics | AI-enabled oncology small molecules | $67M | 1 | April 2022 | $67M | Series A / A2 | GGV Capital, Pavilion Capital, CBC Group | Active | Full |
| 60 | Medra | Autonomous AI lab scientists | $63M | 2 | December 2025 | $52M | Series A | Human Capital, Lux Capital, Neo | Active | Strong |
| 61 | Aitia | Causal AI digital twins | $59M | 6 | January 2020 | $5M | Series D extension | Merck Global Health Innovation Fund | Active | Partial |
| 62 | LabGenius | ML antibody discovery | $58M | 3 | May 2024 | $44M | Series B | M Ventures, Octopus Ventures, LG Corp | Active | Partial |
| 63 | Turbine | Virtual-cell drug discovery | $56M | 4 | February 2026 | $25M | Series B | Interactive Venture Partners, Beiersdorf, MSD GHI | Active | Strong |
| 64 | ReviR Therapeutics | RNA modulator medicines | $54M | 2 | July 2024 | $30M | Series A | Lapam Capital, CDH Investments, XtalPi | Active | Strong |
| 65 | Manas AI | AI-native cancer medicines | $51M | 2 | September 2025 | $26M | Seed Extension | General Catalyst, Reid Hoffman, Greylock | Active | Full |
| 66 | Latent Labs | Programmable biology models | $50M | 2 | February 2025 | $40M | Series A | Radical Ventures, Sofinnova Partners, Flying Fish | Active | Full |
| 67 | Envisagenics | AI RNA splicing therapeutics | $47M | 4 | June 2024 | $25M | Series B | Third Kind, Red Cell, Bristol Myers Squibb | Active | Partial |
| 68 | Apeiron Therapeutics | AI-enabled oncology drug discovery | $45M | 2 | March 2022 | $18M | Series A | Panacea Venture, Viva BioInnovator, GT Healthcare | Active | Strong |
| 69 | A-Alpha Bio | Protein interaction discovery | $45M | 3 | July 2023 | $22M | Series A2 | Perceptive Xontogeny Ventures, Madrona, Breakout Ventures | Active | Strong |
| 70 | Peptone | Protein-disorder drug discovery | $43M | 2 | September 2022 | $40M | Series A | F-Prime Capital, Bessemer Venture Partners, Walden Catalyst | Active | Full |
| 71 | Atomic AI | RNA structure drug discovery | $42M | 2 | January 2023 | $35M | Series A | Playground Global, 8VC, Greylock | Active | Full |
| 72 | Cyrus Biotechnology | Computational protein design biologics | $40M | 4 | December 2021 | $18M | Series B | OrbiMed, Trinity Ventures, Agent Capital | Active | Strong |
| 73 | Quris-AI | BioAI clinical prediction platform | $37M | 3 | December 2022 | $9M | Seed extension | SoftBank Vision Fund 2, GlenRock Capital, iAngels | Active | Full |
| 74 | Anagenex | ML small-molecule discovery | $37M | 2 | June 2022 | $30M | Series A | Catalio Capital Management, Lux Capital, Khosla Ventures | Active | Full |
| 75 | Evaxion Biotech | AI immunology vaccines | $35M | 2 | December 2023 | $5M | Post-IPO private placement | MSD Global Health Innovation Fund, management/board | IPO | Partial |
| 76 | Reverie Labs | ML kinase drug discovery | $32M | 2 | February 2021 | $25M | Series A | Ridgeback Capital, First Round Capital, Y Combinator | Acquired | Strong |
| 77 | Inductive Bio | AI small-molecule optimization | $29M | 2 | May 2025 | $25M | Series A | Obvious Ventures, a16z Bio + Health, Lux Capital | Active | Full |
| 78 | PostEra | ML medicinal chemistry platform | $27M | 2 | January 2022 | $24M | Series A | Clermont Group, Breyer Capital, Lifeforce Capital | Active | Full |
| 79 | 1910 Genetics | Multimodal AI drug discovery | $26M | 3 | October 2024 | Undisclosed | Strategic equity | Accenture Ventures, M12, Playground Global | Active | Partial |
| 80 | Cyclica | AI polypharmacology drug discovery | $23M | 4 | June 2020 | $17M | Series B | Drive Capital, Chiesi Farmaceutici, GreenSky Capital | Acquired | Partial |
| 81 | Antiverse | AI-designed therapeutic antibodies | $19M | 4 | March 2026 | $9M | Series A | Soulmates Ventures, Innovation Investment Capital, DOMiNO Ventures | Active | Partial |
| 82 | DeepLife | Digital cell twins | $16M | 2 | December 2024 | $10M | Series A | YZR Capital, Turenne/Relyens, Beiersdorf | Active | Strong |
| 83 | Iktos | Generative AI drug design | $16M | 1 | March 2023 | $16M | Series A | M Ventures, Debiopharm Innovation Fund, Omnes Capital | Active | Full |
| 84 | Gero | AI aging therapeutics | $14M | 3 | October 2023 | $6M | Series A extension | Melnichek Investments, VitaDAO, Leonid Lozner | Active | Partial |
| 85 | Valence Labs | AI generative chemistry engine | $9M | 2 | December 2021 | $7M | Seed | Fifty Years, Air Street Capital, Amplitude Ventures | Acquired | Strong |
| 86 | Ignota Labs | AI failed-drug turnaround | $7M | 1 | February 2025 | $7M | Seed | Montage Ventures, AIX Ventures, Modi Ventures | Active | Full |
| 87 | Converge Bio | Biotech LLM platform | $6M | 1 | November 2024 | $6M | Seed | TLV Partners | Active | Full |
| 88 | Evariste | AI synthetic lethality oncology | $4M | 2 | August 2023 | Undisclosed | Seed | Citadel | Active | Partial |
| 89 | oneThree Biotech | AI drug target discovery | $3M | 1 | January 2020 | $3M | Seed | Primary Venture Partners, Meridian Street Capital, What If Ventures | Active | Partial |

This market map, featured in our AI in drug discovery market deck, highlights top companies and startups in the AI in drug discovery market
Key funding trends in the AI in drug discovery market
Insights
- The AI in drug discovery market is very concentrated: the top 10 startups account for about $10.5B, or roughly 44% of all tracked funding in this ranking.
- The largest AI drug discovery companies are often public companies. Eikon Therapeutics, Relay Therapeutics, XtalPi, Generate:Biomedicines, and Recursion Pharmaceuticals alone represent about $6.4B in cumulative funding.
- Private AI drug discovery platforms can still raise at public-company scale. Xaira Therapeutics raised $1.0B in one disclosed Series A, while Isomorphic Labs raised $600M in one external equity event.
- The market is not only about small molecules. Protein design, antibody discovery, RNA medicines, cell-state biology, and virtual-cell platforms now form several large funding clusters.
- Recent momentum remains strong. In this dataset, 22 AI drug discovery startups raised funding in the last 12 months, which shows that investor appetite has not disappeared.
- Round count is a weak signal in this market. Several companies with only one or two disclosed rounds have raised more than many older AI biotech startups with longer financing histories.
- Strategic investors matter. NVIDIA, Alphabet, Eli Lilly, Bristol Myers Squibb, Merck-linked investors, and Pfizer appear across the market, which suggests continued pharma and technology validation.
- The middle of the market is thinner than the top. Median funding is about $115M, far below the largest rounds, which shows how much mega-financings skew the AI drug discovery landscape.

As this chart shows, and as featured in our AI in drug discovery market deck, search interest in AI drug discovery has grown rapidly
A few word about our methodology
As you can see, we built a database that ranks startups in the AI in drug discovery market based on their total cumulative fundraising. To create this ranking, we reviewed many sources and cross-checked information across multiple places.
Whenever possible, we prioritized official company communications, since they are the most reliable source for funding amounts. When those were not available, we relied on reputable industry sources such as TechCrunch, Crunchbase, Financial Times or Forbes (to name a few).
We excluded random blogs, unverified websites, and any sources that could not be validated.
When funding rounds were announced in other currencies such as euros, Swiss francs, Singapore dollars, Australian dollars, or rupees, we converted them into approximate USD equivalents for consistency.
Sometimes different sources report slightly different numbers, or the exact round size is not fully disclosed. In those cases, we flag the uncertainty and assign a confidence label to each startup, visible in the last column.
Here is what they mean.
Full confidence: The company’s equity fundraising history can be reconstructed completely from public sources. The rounds, dates, amounts, and key investors are clearly identified, with no meaningful gaps.
Strong confidence: The fundraising history is largely complete and reliable. There may be a small missing detail, such as incomplete investor information or a minor round with limited data, but the overall record is clear.
Partial confidence: The main fundraising rounds can be identified, but the record is incomplete or somewhat mixed. Some rounds may be missing or certain funding events may be difficult to separate clearly.
Low confidence: Public information is too limited, inconsistent, or ambiguous to reliably reconstruct the company’s equity fundraising history.
When the confidence level is too low, we take a conservative approach and exclude the company from the ranking. We don’t want to include data that cannot be reliably verified.
This reflects how we conduct all our research, including the work behind our report covering the AI in drug discovery market.
In a world where LLMs hallucinate and unreliable information is everywhere, our goal is simple: provide data you can trust.
If you want the full detail on a specific calculation, feel free to contact us and we will gladly explain.
Finally, know that we update the dataset once per month, so come back here if you need fresh information.

This chart, featured in our AI in drug discovery market deck, shows how Shrödinger is positioned in AI drug discovery
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