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[ARTICLE · art-59975] src=techfundingnews.com ↗ pub= topic=artificial-intelligence verified=true sentiment=↑ positive

Chai Discovery triples to $3.8B in 7 months as OpenAI-backed drug designer lands $400M after Novartis deal

Chai Discovery raised $400 million in a Series C round, tripling its valuation to $3.8 billion in seven months, after securing a deal with Novartis. The OpenAI-backed AI drug discovery company's rapid growth underscores investor confidence in AI-driven pharmaceutical development.

read1 min views1 publishedJul 15, 2026

Chai Discovery has raised $400 million in a Series C round that values the AI drug discovery company…

source & further reading
techfundingnews.com — original article Flex doubles valuation to $1.2B in 6 months as $70M Series B1 backs global private banking push for middle-market owners Video generation startup PixVerse lands $439M from Alibaba and others to reshape entertainment Every AI startup in Europe is selling sovereignty. Valarian just raised $50M to prove infrastructure governance is different
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