Recent changes

  1. Sep 16, 2026Raised $290M at a $1.5B valuation TheNextWeb
  2. Sep 16, 2026New investor: IDG Capital TheNextWeb
  3. Sep 16, 2026New investor: Hillhouse TheNextWeb
  4. Sep 16, 2026New investor: Primavera Capital TheNextWeb
  5. Sep 16, 2026New investor: HongShan (Sequoia China) TheNextWeb
Earlier changes (1)
  1. Sep 16, 2026ByteDance Spins Out AI Drug Unit Anew Labs At $1.5B Pulse story

Funding History

1 event · sources dated per row
DateEventAmountValuationInvestorsSource
Sep 16, 2026funding round$290M$1.5B
HongShan (Sequoia China)LeadIDG CapitalHillhouseGaorong VenturesPrimavera Capital5Y CapitalBoyu CapitalShanghai Future Industries FundSBP Group
TheNextWeb

Investors

Latest Pulse

  1. ByteDance Spins Out AI Drug Unit Anew Labs At $1.5BByteDance closed a $290 million funding round for Anew Labs, its newly spun-off AI drug discovery unit, at a $1.5 billion valuation, with the TikTok parent retaining 56% ownership.→

Coverage Timeline

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  1. Sep 16, 2026AIByteDance Spins Out AI Drug Unit Anew Labs At $1.5B$290M / $1.5B valuation→

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Related Companies

Anew Labs FAQ

Who are Anew Labs's investors?

Anew Labs's investors include HongShan (Sequoia China), Gaorong Ventures, Hillhouse, IDG Capital, Primavera Capital.

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

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