Chai Discovery
Unicorn · $1.3BSan Francisco, US · 25 known investors
Chai Discovery builds a computer-aided design suite using artificial intelligence to design new molecules and drugs. The platform enables pharmaceutical companies to discover and develop medicines more efficiently by learning the principles of biological structure and interaction.
Also known as Chai · Chai Discovery Inc.
Founders & leadership
Investors · 25
Also in the syndicate · 6
Funding
SEC filings, press & company announcements$800M disclosed across 2 of 6 rounds · 2024–2026
- $400MSeries CJul 2026 · 5 sources
Index Ventures (lead), Baillie Gifford, Bain Capital Ventures, Battery Ventures, Dimension, Kleiner Perkins, OpenAI, Sequoia Capital, Thrive Capital
Source ↗ - $400MraisedJul 2026 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Chai Discovery is an artificial intelligence biotechnology company that develops foundation models for biochemical structure prediction and molecular design. It describes its goal as building a "computer-aided design suite" for molecules: models that learn the underlying principles of biochemical structure and interaction so that scientists can design new medicines computationally rather than through iterative laboratory trial and error. Its products include Chai-1, an open-source structure prediction model released in 2024, and Chai-2, a generative model that takes an antigen structure as input and produces antibodies that bind it, supporting de novo design of custom antibodies rather than modification of existing ones.
The company positions its technology against the two prevailing antibody discovery approaches, rational design and directed evolution, arguing that generative design compresses the antibody discovery cycle from 12-24 months to four to eight weeks. Contrary Research reports Chai-2 achieved 20% experimental hit rates across 52 de novo designed targets, described as a 200x improvement over prior computational methods. Public materials also cite work on drug-like antibody design against challenging targets with atomic precision.
Chai Discovery was founded in March 2024 and is headquartered in San Francisco, California, with reporting that the company began in New York. It is privately held, at Series B stage as of April 2026, with roughly 31 employees (Startup Intros lists a range of 11-50).
Compiled by commissioned research from 6 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 4
by search overlapCompanies competing with Chai Discovery for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 10
launches, deals, and filingsThe company's website announces a Series C in which it raised $400 million of new funding.
$400M source ↗
Chai Discovery appointed former Pfizer executive Mikael Dolsten to its board of directors.
Partnership with Eli Lilly to accelerate discovery of new drugs in the pre-clinical phase; referenced on the company website and in Forbes.
Announced collaboration agreement with argenx to advance AI-driven immunology work, per the company website.
Announced collaboration with Novartis to advance AI-driven antibody discovery, per the company website.
Announced license agreement with Pfizer to accelerate drug discovery with AI, per the company website.
Round led by General Catalyst and Oak HC/FT with participation from Menlo Ventures, OpenAI, Dimension, Thrive Capital, Neo, Yosemite, Lachy Groom, SV Angel, and new investors Glade Brook and Emerson Collective; total funding reported at over $225 million.
$130M source ↗
Menlo Ventures announced in August 2025 that it was leading Chai Discovery's $70 million Series A to advance foundation models tuned for drug discovery.
$70M source ↗
Chai Discovery raised a $30 million seed round in 2024; OpenAI became one of its first seed investors, alongside Thrive Capital.
$30M source ↗
The company announced Chai-1, an open-source biochemical structure prediction model, in its first year of operation.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
Chai Discovery raises $400M as AI drug discovery boomsthenextweb.com · Jul 2026
Chai Discovery Raises $400M to Accelerate AI-Driven Molecular Design Platformhitconsultant.net · Jul 2026
Chai brews up $400M series C to fuel AI molecule models used by Lilly, Novartis and Pfizerfiercebiotech.com · Jul 2026▸Research sources · 6
primary sources listed
- Chai Discoverychaidiscovery.com · web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Chai Discovery do?
- AI biotech building generative and predictive models for de novo antibody and molecule design for pharma partners.
- Who founded Chai Discovery?
- Chai Discovery was founded by Joshua Meier, Jack Dent.
- Who are Chai Discovery's investors?
- Chai Discovery's investors include Amplify Partners, Avenir Growth Capital, Bain Capital Ventures, Battery Ventures, DCVC (Data Collective), General Catalyst, Index Ventures, Menlo Ventures and 11 more.
- How much funding has Chai Discovery raised?
- Chai Discovery has disclosed $800M raised across 2 of its 6 known rounds.
- Where is Chai Discovery headquartered?
- Chai Discovery is headquartered in San Francisco, US.



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