Which startups have raised the most funding in the AI in drug discovery market?

Last updated: 9 June 2026

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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
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

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
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

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.
Google Trends chart showing rising interest in AI drug discovery

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.

Chart showing how Shrödinger is positioned in the AI drug discovery market

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

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