Chai Discovery raises $400M Series C
Chai Discovery raised $400 million in Series C financing announced in July.
Backers include Index Ventures, Kleiner Perkins, Sequoia Capital, Dimension, Bain Capital Ventures, Battery Ventures, Baillie Gifford, BDT & MSD, Sapphire Ventures, Avra Capital, Thrive Capital, OpenAI, Oak HC/FT, Menlo Ventures, General Catalyst, Glade Brook, Avenir, Lachy Groom and Yosemite.
The company develops AI models for preclinical drug discovery.