Company intelligence

Chai Discovery

Chai Discovery builds generative AI foundation models that predict and design protein and antibody structures to accelerate pre-clinical drug discovery.

BiotechSan Francisco, California, USAFounded 2024Founders: Joshua Meier, Matthew McPartlon, Jack DentWebsite ↗
Last verified Jul 31, 2026

Key Metrics

Valuation
$3.8B
As of Jul 31, 2026Value Add Pulse research
Total funding
$600M
As of Jul 31, 2026Value Add Pulse research

Company Snapshot

Chai Discovery is a Biotech company, based in San Francisco, California, USA, founded 2024 by Joshua Meier, Matthew McPartlon, Jack Dent. Latest valuation $3.8B (As of Jul 31, 2026, Value Add Pulse research). Total funding $600M (As of Jul 31, 2026).

Recent changes

  1. Jul 31, 2026First reported valuation: $3.8B Value Add Pulse enrichment
  2. Jul 31, 2026First reported total funding: $600M Value Add Pulse enrichment
  3. Jul 17, 2026Raised $400M Series C at a $3.8 billion valuation Crunchbase News
  4. Jul 17, 2026New investor: Sequoia Capital Crunchbase News
  5. Jul 17, 2026New investor: Dimension Crunchbase News
Earlier changes (3)
  1. Jul 17, 2026New investor: Kleiner Perkins Crunchbase News
  2. Jul 17, 2026New investor: Index Ventures Crunchbase News
  3. Jul 17, 2026Chai Discovery Raises $400M at $3.8B for AI Drug Design Pulse story

Funding History

1 event · sources dated per row
DateEventAmountValuationInvestorsSource
Jul 17, 2026Series C$400M$3.8 billion
outlined = lead
Pulse story

Investors

Latest Pulse

  1. Dimension Capital Raises $800M Third Fund for Science-Compute BetsDimension Capital closed an $800 million third fund, 60% larger than its prior vehicle, betting on the intersection of biotech and AI compute after early wins including Chai Discovery's jump to a $3.8 billion valuation.
  2. Chai Discovery Raises $400M at $3.8B for AI Drug DesignLife-sciences AI startup Chai Discovery raised a $400 million Series C at a $3.8 billion valuation led by Index Ventures, Sequoia, Dimension and Kleiner Perkins, one of the largest rounds yet for AI-driven drug and molecule design.

Coverage Timeline

newest first
  1. FUNDINGDimension Capital Raises $800M Third Fund for Science-Compute Bets
  2. FUNDINGChai Discovery Raises $400M at $3.8B for AI Drug Design

All Coverage

Value Add Research

Related Companies

Sources & methodologyshow
Where these figures come from
  • Crunchbase Newsresearch database1 fact
  • Value Add Pulse researchValue Add VC data2 facts

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.

How we verify data · Suggest a correction