Chai Discovery's rapid rise from OpenAI roots to a $1.3B valuation and partnership with Eli Lilly showcases AI's transformative role in drug development. #AIDrugDiscovery #BiotechInnovation #ChaiDiscovery Link: thedailytechfeed.com/chai-discove...

Funding Raises: #7AI $130M Series A; #ChaiDiscovery $130M Series B; #ProtegoBiopharma $130M Series B; #Mythic $125M; #AtavistikBio & #TrianaBiomedicines each $120M Series B; #Harmonic $120M Series C

Acquisitions: #Anysphere > #Graphite; #ClickUP > #Codegen; #Monzo > #Habito

Chai raises $130m for AI drug discovery platform AI specialist Chai Discovery has said it is sitting on a valuation of around $1.3 billion, after raising $130 million in a Series B financing.

San Francisco start-up #ChaiDiscovery has said it is sitting on a #valuation of around $1.3 billion, after raising $130 million in a Series B that will be used to build its computer-aided design (#CAD) suite for #drugmolecules.

pharmaphorum.com/news/chai-ra...

AI medical research startup Chai Discovery raises $130M in funding Chai Discovery Inc., a startup using artificial intelligence to accelerate drug development, today announced that it has closed a $130 million funding round led by Oak HC/FT and General Catalyst. The...

AI medical research startup Chai Discovery raises $130M in funding #Technology #Business #Startups #ChaiDiscovery #Funding #AIMedicalResearch

Additional Funding Raises: #SiMa.ai $85M Series C; #ChaiDiscovery $70M Series A; #Rillet $70M Series B; #SAFE $70M Series C; #GoodJobGames $60M Series A; #Stavtar $55M Series A; #Wallarm $55M Series C

Acquisitions: #Aurelius > #FIAMMEnergyTechnology; #Cerebral > #ResilienceLab