Chai Discovery Raises $400M Series C
Summary
Chai Discovery raised $400 million in a Series C round at a $3.8 billion valuation. Index Ventures led the round, and several major venture firms and OpenAI also participated. The company builds AI models for molecular design and drug discovery. Chai Discovery plans to use the capital to expand research, development, and deployment of its platform in pharma and life sciences.
Funding
Amount
$400.0M
Total raised
Date
July 15, 2026
Announcement date
Investors
Thrive Capital, Menlo Ventures, Kleiner Perkins Caufield & Byers, Baillie Gifford, Battery Ventures, Sapphire Ventures, LLC, Bain Capital Ventures, Oak HC/FT, AVENIR, General Catalyst, Dimension Capital Management
Lead investors
Company
chaidiscovery.com
Funded company
Classifications
industries
No industries detected
applications
Software Design & Development
AskAI Classifications
Labels
Software Development
Blockchain Software
Web3 Technology
Linked Companies
Edenia
$1M to $5M