What are the most valued startups in the AI in drug discovery market?

Last updated: 13 July 2026

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market research pitch 2026 statistics AI in drug discovery market

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
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

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
Chart comparing the 2026 size of the AI in drug discovery market with other markets of similar size

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.
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

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.

Chart showing the projected CAGR of the AI in drug discovery market

This chart, featured in our AI in drug discovery market deck, shows annual funding in AI drug discovery startups

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