Series C · Biotech

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.

Funding history

Series C · This round$400M

Sources

  1. Chai Discoveryprojectstartups.com
  2. businesswire.com