What are the most valued startups 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
AI is changing how pharmaceutical companies identify targets, design molecules and develop new medicines.
This ranking covers 99 companies using artificial intelligence, computational biology and automated laboratories to improve drug discovery.
We update this list every month to reflect new funding rounds, public-market movements, acquisitions and valuation signals.
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 valuable AI drug discovery startup | Isomorphic Labs, $14.0B–$26.0B |
| Second most valuable AI drug discovery startup | XtalPi, $4.3B |
| Median AI drug discovery valuation | Approximately $263M |
| Share of AI drug discovery valuation captured by the top 10 | Approximately 56.6% |
| Top AI drug discovery valuation vs. median | Approximately 76 times |
| Median valuation-to-capital-raised ratio | Approximately 3.0 times |
| AI drug discovery startups valued at $1B+ | 20 |

This market map, featured in our AI in drug discovery market deck, highlights top companies and startups in the AI in drug discovery market
Top startups in the AI in drug discovery market ranked by valuation
Here is an updated table that ranks the top startups in the AI in drug discovery market based on their latest reported or estimated valuations.
If you want more detaild about their fundraising activity, you can check our list of the startups who have raised the most funding in the AI in drug discovery market.
| # | Startup Name | What They Do | Current Valuation ($) | Valuation Confidence Level | Valuation Type | Evidence Status | Total Funding ($) | Funding Confidence Level |
|---|---|---|---|---|---|---|---|---|
| 1 | Isomorphic Labs | AI-first drug design | $14.0B–$26.0B | Partial Confidence | Implied Valuation from Raise | Implied | $600M | Full Confidence |
| 2 | XtalPi | AI quantum drug discovery | $4.3B | Strong Confidence | Public Market Cap | Observed | $1.3B | Partial Confidence |
| 3 | Parabilis Medicines | Helicon peptides for undruggable targets | $3.8B | Full Confidence | Public Market Cap | Observed | $1.6B | Strong Confidence |
| 4 | Xaira Therapeutics | AI drug discovery biotech | $3.0B–$4.5B | Partial Confidence | Comparables-Based Estimate | Estimated | $1.0B | Full Confidence |
| 5 | Relay Therapeutics | Protein-motion drug discovery | $3.7B | Full Confidence | Public Market Cap | Observed | $1.5B | Strong Confidence |
| 6 | Insilico Medicine | Generative AI drug discovery | $2.9B | Full Confidence | Public Market Cap | Observed | $817M | Partial Confidence |
| 7 | AbCellera | AI antibody discovery platform | $2.2B | Full Confidence | Public Market Cap | Observed | $746M | Full Confidence |
| 8 | Generate:Biomedicines | Generative protein therapeutics | $2.1B | Strong Confidence | Public Market Cap | Observed | $1.1B | Strong Confidence |
| 9 | Recursion Pharmaceuticals | Industrialized AI drug discovery | $2.0B | Full Confidence | Public Market Cap | Observed | $989M | Strong Confidence |
| 10 | Soley Therapeutics | Cell-stress therapeutics discovery | $1.3B–$2.5B | Strong Confidence | Implied Valuation from Raise | Implied | $220M | Partial Confidence |
| 11 | insitro | ML-driven drug discovery | $1.5B–$2.3B | Partial Confidence | Comparables-Based Estimate | Estimated | $643M | Full Confidence |
| 12 | Odyssey Therapeutics | Precision immunology drug development | $1.4B–$2.2B | Strong Confidence | Implied Valuation from Raise | Implied | $700M | Full Confidence |
| 13 | Maze Therapeutics | Genetics-driven precision small molecules | $1.8B | Full Confidence | Public Market Cap | Observed | $786M | Full Confidence |
| 14 | Absci | AI biologics drug creation | $1.7B | Full Confidence | Public Market Cap | Observed | $547M | Partial Confidence |
| 15 | Pathos AI | AI oncology drug development | $1.6B | Full Confidence | Announced Private Round Valuation | Observed | $467M | Partial Confidence |
| 16 | Owkin | Federated AI for medicine | $1.1B–$1.6B | Partial Confidence | Comparables-Based Estimate | Estimated | $304M | Strong Confidence |
| 17 | Chai Discovery | AI molecular design models | $1.3B | Full Confidence | Announced Private Round Valuation | Observed | $230M | Strong Confidence |
| 18 | Enveda Biosciences | Natural-product AI drug discovery | $1.0B–$1.2B | Strong Confidence | Announced Private Round Valuation | Observed | $517M | Partial Confidence |
| 19 | BioAge Labs | Aging-biology metabolic therapeutics | $1.1B | Full Confidence | Public Market Cap | Observed | $492M | Strong Confidence |
| 20 | Genesis Therapeutics | AI molecular design platform | $700M–$1.3B | Partial Confidence | Implied Valuation from Raise | Implied | $304M | Partial Confidence |
| 21 | EvolutionaryScale | Protein-design foundation models | $700M–$1.1B | Partial Confidence | Proxy-Based Estimate | Estimated | $142M | Full Confidence |
| 22 | Iambic Therapeutics | AI-designed oncology therapeutics | $650M–$1.1B | Partial Confidence | Implied Valuation from Raise | Implied | $334M | Partial Confidence |
| 23 | Terray Therapeutics | AI small-molecule drug discovery | $700M–$1.0B | Partial Confidence | Implied Valuation from Raise | Implied | $200M | Full Confidence |
| 24 | Deep Genomics | AI-designed RNA therapeutics | $650M–$1.0B | Low Confidence | Comparables-Based Estimate | Estimated | $237M | Full Confidence |
| 25 | Immunai | Immune-system AI drug discovery | $650M–$900M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $295M | Strong Confidence |
| 26 | Superluminal Medicines | AI-designed GPCR small-molecule medicines | $650M–$850M | Strong Confidence | Implied Valuation from Raise | Implied | $153M | Strong Confidence |
| 27 | Exscientia | AI-designed precision medicines | $688M | Strong Confidence | Acquisition Value | Observed | $861M | Strong Confidence |
| 28 | Eikon Therapeutics | Live-cell drug discovery platform | $679M | Strong Confidence | Public Market Cap | Observed | $1.5B | Full Confidence |
| 29 | Cradle | AI protein engineering platform | $550M–$800M | Strong Confidence | Implied Valuation from Raise | Implied | $102M | Strong Confidence |
| 30 | Inceptive | AI-designed biological medicines | $500M–$800M | Partial Confidence | Implied Valuation from Raise | Estimated | $120M | Strong Confidence |
| 31 | Cellarity | Cell-behavior drug discovery | $500M–$750M | Low Confidence | Comparables-Based Estimate | Estimated | $294M | Strong Confidence |
| 32 | Valo Health | Human-data drug discovery | $400M–$800M | Low Confidence | Comparables-Based Estimate | Estimated | $450M | Partial Confidence |
| 33 | METiS Therapeutics | AI drug-delivery discovery | $450M–$750M | Low Confidence | Comparables-Based Estimate | Estimated | $252M | Partial Confidence |
| 34 | BioMap | Biology foundation models and therapeutics | $450M–$700M | Partial Confidence | Implied Valuation from Raise | Implied | $100M | Strong Confidence |
| 35 | Juvenescence.AI | AI-enabled longevity therapeutics | $450M–$650M | Partial Confidence | Comparables-Based Estimate | Estimated | $239M | Partial Confidence |
| 36 | Plexium | Targeted protein degradation medicines | $400M–$650M | Partial Confidence | Implied Valuation from Raise | Implied | $225M | Partial Confidence |
| 37 | Rezo Therapeutics | Disease-network precision therapeutics | $400M–$600M | Partial Confidence | Implied Valuation from Raise | Implied | $78M | Full Confidence |
| 38 | CytoReason | Computational disease models | $400M–$550M | Partial Confidence | Implied Valuation from Raise | Implied | $100M | Partial Confidence |
| 39 | Verge Genomics | AI genomics drug discovery | $350M–$550M | Partial Confidence | Comparables-Based Estimate | Estimated | $134M | Strong Confidence |
| 40 | HotSpot Therapeutics | Allosteric medicines against regulatory hotspots | $350M–$550M | Low Confidence | Comparables-Based Estimate | Estimated | $210M | Strong Confidence |
| 41 | Proxima | Proximity-based medicine discovery | $320M–$530M | Strong Confidence | Implied Valuation from Raise | Implied | $80M | Strong Confidence |
| 42 | HAYA Therapeutics | RNA-guided regulatory medicines | $325M–$500M | Strong Confidence | Implied Valuation from Raise | Implied | $90M | Full Confidence |
| 43 | Healx | AI rare-disease therapeutics | $300M–$500M | Partial Confidence | Implied Valuation from Raise | Implied | $115M | Strong Confidence |
| 44 | HeliXon | AI protein therapeutics discovery | $250M–$450M | Low Confidence | Comparables-Based Estimate | Estimated | $75M | Full Confidence |
| 45 | Relation Therapeutics | ML-driven human biology discovery | $275M–$425M | Partial Confidence | Comparables-Based Estimate | Estimated | $116M | Partial Confidence |
| 46 | Medra | Autonomous robotic biology laboratories | $260M–$430M | Strong Confidence | Implied Valuation from Raise | Implied | $52M | Partial Confidence |
| 47 | Atomwise | AI small-molecule screening | $250M–$400M | Low Confidence | Comparables-Based Estimate | Estimated | $219M | Partial Confidence |
| 48 | BigHat Biosciences | Machine-learning antibody therapeutics | $290M–$330M | Strong Confidence | Announced Private Round Valuation | Observed | $99M | Partial Confidence |
| 49 | Auron Therapeutics | Cell-state oncology therapeutics | $200M–$325M | Strong Confidence | Implied Valuation from Raise | Implied | $88M | Partial Confidence |
| 50 | Standigm | AI drug discovery platforms | $200M–$325M | Low Confidence | Comparables-Based Estimate | Estimated | $70M | Strong Confidence |
| 51 | Turbine | Simulated-cell oncology discovery | $170M–$310M | Strong Confidence | Implied Valuation from Raise | Implied | $31M | Partial Confidence |
| 52 | Aqemia | Physics-based AI drug discovery | $175M–$275M | Low Confidence | Comparables-Based Estimate | Estimated | $65M | Partial Confidence |
| 53 | PostEra | AI medicinal chemistry platform | $180M–$260M | Partial Confidence | Comparables-Based Estimate | Estimated | $26M | Strong Confidence |
| 54 | Atomic AI | AI-designed RNA therapeutics | $170M–$260M | Partial Confidence | Comparables-Based Estimate | Estimated | $42M | Full Confidence |
| 55 | ReviR Therapeutics | RNA-targeting precision medicines | $160M–$240M | Partial Confidence | Implied Valuation from Raise | Implied | $54M | Partial Confidence |
| 56 | Latent Labs | Generative protein-design models | $150M–$220M | Partial Confidence | Comparables-Based Estimate | Estimated | $50M | Full Confidence |
| 57 | Peptone | AI protein drug discovery | $140M–$230M | Partial Confidence | Implied Valuation from Raise | Estimated | $43M | Full Confidence |
| 58 | Tandem AI | Integrated computational drug discovery | $140M–$210M | Strong Confidence | Implied Valuation from Raise | Implied | $82M | Full Confidence |
| 59 | Bioptimus | Multiscale biological foundation models | $145M–$195M | Partial Confidence | Comparables-Based Estimate | Estimated | $76M | Full Confidence |
| 60 | Aitia | Causal AI digital twins | $120M–$200M | Partial Confidence | Comparables-Based Estimate | Estimated | $64M | Partial Confidence |
| 61 | BlackThorn Therapeutics | AI neuroscience drug development | $120M–$200M | Low Confidence | Acquisition Value | Estimated | $116M | Full Confidence |
| 62 | e-therapeutics | Computational RNAi drug discovery | $130M–$190M | Strong Confidence | Implied Valuation from Raise | Implied | $136M | Partial Confidence |
| 63 | Envisagenics | AI RNA-splicing therapeutics | $130M–$180M | Partial Confidence | Comparables-Based Estimate | Estimated | $47M | Partial Confidence |
| 64 | Manas AI | AI-native cancer drug development | $105M–$175M | Strong Confidence | Implied Valuation from Raise | Implied | $51M | Full Confidence |
| 65 | Anagenex | DNA-encoded AI discovery | $110M–$170M | Partial Confidence | Implied Valuation from Raise | Implied | $37M | Partial Confidence |
| 66 | LabGenius | Machine-learning antibody discovery | $110M–$165M | Partial Confidence | Comparables-Based Estimate | Estimated | $73M | Strong Confidence |
| 67 | Ensem Therapeutics | AI small-molecule oncology drugs | $100M–$170M | Partial Confidence | Comparables-Based Estimate | Estimated | $77M | Strong Confidence |
| 68 | A-Alpha Bio | Protein-interaction discovery platform | $100M–$170M | Partial Confidence | Comparables-Based Estimate | Estimated | $45M | Full Confidence |
| 69 | Gero | AI aging drug discovery | $90M–$140M | Strong Confidence | Implied Valuation from Raise | Implied | $34M | Partial Confidence |
| 70 | ImmunoPrecise Antibodies | AI antibody discovery services | $96M | Full Confidence | Public Market Cap | Observed | ≥$47M | Partial Confidence |
| 71 | Apeiron Therapeutics | AI oncology drug discovery | $70M–$120M | Low Confidence | Comparables-Based Estimate | Estimated | $45M | Strong Confidence |
| 72 | Converge Bio | Generative-AI drug discovery platform | $80M–$100M | Strong Confidence | Comparables-Based Estimate | Estimated | $31M | Full Confidence |
| 73 | Inductive Bio | Small-molecule optimization software | $75M–$100M | Strong Confidence | Comparables-Based Estimate | Estimated | $29M | Full Confidence |
| 74 | Predictive Oncology | Former AI oncology discovery company | $84M | Full Confidence | Public Market Cap | Observed | $387M | Partial Confidence |
| 75 | 1910 Genetics | Automated multimodal drug discovery | $60M–$100M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $26M+ | Partial Confidence |
| 76 | Quris-AI | Bio-AI clinical prediction | $55M–$90M | Low Confidence | Comparables-Based Estimate | Estimated | $37M | Full Confidence |
| 77 | Antiverse | AI antibody design platform | $47M–$78M | Strong Confidence | Implied Valuation from Raise | Implied | $17M | Partial Confidence |
| 78 | BenevolentAI | AI-enabled drug discovery | $55M–$65M | Partial Confidence | Acquisition Value | Estimated | $535M | Partial Confidence |
| 79 | Iktos | Generative AI drug design | $45M–$70M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $16M | Strong Confidence |
| 80 | Lantern Pharma | AI precision oncology therapeutics | $50M | Full Confidence | Public Market Cap | Observed | $107M | Strong Confidence |
| 81 | Valence Labs | Generative chemistry research laboratory | $48M | Full Confidence | Acquisition Value | Observed | $9M | Full Confidence |
| 82 | Cyrus Biotechnology | AI protein-design therapeutics | $40M–$55M | Partial Confidence | Proxy-Based Estimate | Estimated | $39M | Low Confidence |
| 83 | DeepLife | Digital cell-twin discovery platform | $35M–$50M | Partial Confidence | Revenue or ARR Multiple Estimate | Estimated | $16M | Full Confidence |
| 84 | PrecisionLife | Precision medicine analytics | $30M–$55M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $3M | Partial Confidence |
| 85 | Cyclica | AI polypharmacology drug discovery | $40M | Full Confidence | Acquisition Value | Observed | $21M | Partial Confidence |
| 86 | Partex | AI therapeutic asset acceleration | $30M–$50M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | Not provided | Low Confidence |
| 87 | DenovAI | De novo biologics design | $24M–$40M | Low Confidence | Implied Valuation from Raise | Implied | $6M | Low Confidence |
| 88 | Evaxion Biotech | AI immunology vaccine platform | $28M | Full Confidence | Public Market Cap | Observed | $92M | Strong Confidence |
| 89 | InveniAI | AI drug-repurposing platform | $15M–$35M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Low Confidence |
| 90 | Reverie Labs | AI kinase inhibitor discovery | $15M–$35M | Low Confidence | Acquisition Value | Estimated | $32M | Strong Confidence |
| 91 | Ignota Labs | AI rescue of failed drugs | $18M–$28M | Partial Confidence | Comparables-Based Estimate | Estimated | $7M | Full Confidence |
| 92 | Evariste | Synthetic-lethal oncology AI | $15M–$30M | Low Confidence | Implied Valuation from Raise | Implied | $4M | Low Confidence |
| 93 | Collaborations Pharmaceuticals | Rare-disease AI drug discovery | $15M–$25M | Low Confidence | Revenue or ARR Multiple Estimate | Estimated | $0 | Low Confidence |
| 94 | oneThree Biotech | AI drug-target prediction | $12M–$25M | Low Confidence | Proxy-Based Estimate | Estimated | $3M | Strong Confidence |
| 95 | BioXcel Therapeutics | AI-enabled neuroscience drug development | $17M | Full Confidence | Public Market Cap | Observed | $332M | Partial Confidence |
| 96 | Cloud Pharmaceuticals | Generative AI drug discovery | $8M–$20M | Low Confidence | Proxy-Based Estimate | Estimated | $3M | Low Confidence |
| 97 | Oxford Drug Design | AI antibiotic and cancer discovery | $11M–$15M | Partial Confidence | Comparables-Based Estimate | Estimated | $12M | Partial Confidence |
| 98 | BioSymetrics | AI biomarkers and precision medicine | $12M | Full Confidence | Acquisition Value | Observed | $5M | Partial Confidence |
| 99 | Moleculern | AI drug discovery platform | $4M–$12M | Low Confidence | Proxy-Based Estimate | Estimated | $0 | Strong Confidence |

This chart, featured in our AI in drug discovery market deck, compares the 2026 size of the AI in drug discovery market with other markets of similar size
Key valuation trends in the AI in drug discovery market
Insights
- The top 10 AI drug discovery companies represent about 57% of the combined valuation in this ranking, showing that market value remains concentrated around a small group of scaled platforms.
- Isomorphic Labs has an estimated midpoint valuation near $20B, about 76 times the market median and more than four times the valuation of the second-ranked company, XtalPi.
- Chai Discovery and Cradle stand out for capital efficiency. Chai Discovery is valued at about 5.7 times its funding, while Cradle’s midpoint valuation is more than six times its capital raised.
- AbCellera’s $2.2B market capitalization is almost three times its $746M funding base, making AbCellera more capital efficient than many clinical-stage AI therapeutics companies.
- Large funding totals do not guarantee strong public valuations. Eikon, Lantern and Evaxion raised approximately $1.7B combined, but the companies represent only about $757M in current equity value.
- Public-market outcomes vary sharply across the AI drug discovery market, from Parabilis Medicines at $3.8B to Evaxion Biotech at $28M, a valuation difference of more than 135 times.
- Protein design, molecular modeling and programmable biology attract some of the strongest private valuation multiples, while conventional discovery services and narrower analytics platforms generally receive lower valuations.
- The median company in the ranking is valued at approximately three times total capital raised, but several public therapeutics companies trade below cumulative funding after clinical, execution or market setbacks.

This chart, featured in our AI in drug discovery market deck, shows how Shrödinger is positioned in AI drug discovery
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 current valuation.
Estimating AI drug discovery startup valuations is not always straightforward. Many companies do not publicly disclose their valuation, and the available information can vary widely depending on the company, scientific modality and development stage.
To build this ranking, we applied a structured valuation methodology and cross-checked information across multiple reliable sources.
Whenever possible, we relied on direct disclosures. These include announced valuations from completed funding rounds, public filings for listed companies, or official acquisition prices.
When an AI drug discovery company is publicly listed, we use its current market capitalization as the reference valuation.
If a company was acquired and no independent valuation can reasonably be estimated today, we use the acquisition price as the main reference point.
When an AI drug discovery startup recently raised capital but the valuation was not disclosed, we estimate the implied valuation using typical dilution levels for that stage of fundraising.
In some cases, we also estimate valuations using operating metrics such as revenue, ARR, partnership income, clinical progress or customer traction, combined with valuation multiples from comparable companies in the same market.
When direct financial data is not available, we may rely on carefully selected comparable startups and other signals such as hiring growth, investor quality, pharmaceutical partnerships, scientific progress or product traction.
All estimates follow a strict evidence hierarchy. Recent funding rounds with announced valuations carry the most weight, followed by public-market data, acquisition values, strong operating metrics and comparable company analysis.
For therapeutics developers, we also consider factors such as pipeline maturity, clinical-stage progress, intellectual property, target selection, modality risk and the commercial potential of lead programs.
For AI platform companies, we may consider model capabilities, proprietary datasets, laboratory infrastructure, pharmaceutical partnerships and the ability to generate multiple drug candidates.
We also carefully evaluate the age of every data point. Recent information carries more weight, while older data is treated cautiously and adjusted conservatively when necessary.
Whenever information is uncertain or incomplete, we clearly distinguish between confirmed facts and reasonable inferences.
Because valuation data is not always fully public, each startup in the ranking is assigned a confidence level based on the reliability, recency and consistency of the available evidence.
Full confidence means the valuation is supported by strong and recent evidence. Strong confidence means the estimate is well supported but includes minor inference. Partial confidence means the estimate relies more heavily on indirect signals. Low confidence means available information is limited or inconsistent.
When confidence is lower, we take a more conservative approach by widening the valuation range. This helps reflect the uncertainty and increases the probability that the true valuation falls within the estimated range.
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 valuation estimate, 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 annual funding in AI drug discovery startups
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