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Chai Discovery

Engineering molecules with artificial intelligence

$630M
Total Raised

About Chai Discovery

Founded in 2024 and headquartered in San Francisco, Chai Discovery is building AI foundation models that help scientists design new medicines by predicting and engineering the interactions between biological molecules.

Rather than relying on traditional trial-and-error drug discovery, the company’s platform enables researchers to generate novel antibodies and other therapeutic molecules from scratch. Its open-source Chai-1 model quickly gained recognition for state-of-the-art biomolecular structure prediction, while later models such as Chai-2 and Chai-3 expanded into AI-powered antibody design with significantly improved success rates.

Chai Discovery works with some of the world’s largest pharmaceutical companies, including Pfizer, Eli Lilly, Novartis and argenx, helping accelerate biologics and antibody discovery through its AI platform.

The founding team combines expertise from organizations such as OpenAI, Meta FAIR, Stripe and leading computational biology research groups, bringing together deep experience in machine learning and molecular science.

Founded 2024
Employees 11-50
Location San Francisco, California, United States

Founders

J
Joshua Meier
J
Jack Dent
M
Matthew McPartlon
J
Jacques Boitreaud

Funding History

Series C

14 July 2026
$400M
VALUATION: $3.8B
Investors: Index Ventures (lead), 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, Yosemite

Series B

15 December 2025
$130M
VALUATION: $1.3B
Investors: General Catalyst (lead), Oak HC/FT (lead), Thrive Capital, OpenAI, Dimension, Neo, Lachy Groom, Menlo Ventures, SV Angel, Yosemite, Emerson Collective, Glade Brook Capital Partners

Series A

06 August 2025
$70M
VALUATION: Not disclosed
Investors: Menlo Ventures (lead), Anthology Fund, Yosemite, DST Global Partners, SV Angel, Avenir, DCVC, Thrive Capital, OpenAI, Dimension, Neo, Lachy Groom, Fred Ehrsam

Seed

10 September 2024
$30M
VALUATION: Not disclosed
Investors: Thrive Capital (lead), OpenAI, Dimension

Frequently Asked Questions

What does Chai Discovery do?

Chai Discovery develops AI foundation models that predict and design biochemical molecules, helping pharmaceutical companies accelerate drug and antibody discovery.

When was Chai Discovery founded?

Chai Discovery was founded in 2024.

Who founded Chai Discovery?

The company was founded by Joshua Meier, Jack Dent, Matthew McPartlon, and Jacques Boitreaud.

How much funding has Chai Discovery raised?

As of July 2026, Chai Discovery has raised approximately $630 million across Seed, Series A, Series B, and Series C funding rounds.

What is Chai Discovery's latest valuation?

The company was valued at approximately $3.8 billion during its Series C funding round announced on 14 July 2026.

Which companies use Chai Discovery's AI platform?

Chai Discovery has announced collaborations with Eli Lilly, Pfizer, Novartis, and argenx to accelerate AI-driven drug discovery.

Disclaimer: The information presented above is based on our internal editorial research and publicly available information from company websites, announcements, databases, and other online sources. While we strive to keep profiles accurate and up to date, we recommend conducting your own independent research before making any business, investment, or partnership decisions. Read our research methodology.

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Last Updated July 2026

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