Chai Discovery logo

Chai Discovery Stock

Private Company · Price from Hiive
$40.81 -0.07 (-0.17%)
As of Jul 17, 2026
104.05%
Valuation$3.8B1
Valuation DateJul 14, 2026
Implied Valuation$3.78B
Last Price$40.81
52-Week High$49.70
52-Week Low$20.00
YTD Return+104.05%
1-Year Return+104.05%
3-Year Returnn/a
Total Funding$630M2
Latest Round Amount$400M1
Latest RoundSeries C
Funding Rounds4
IPO Statusn/a
Expected IPO Daten/a
Revenuen/a
Revenue Typen/a
P/S Ration/a

About Chai Discovery

Chai Discovery is an artificial intelligence company that builds foundation models to predict and design the interactions between biological molecules for drug discovery. Its first model, Chai-1, predicts the three-dimensional structure of proteins, small molecules, DNA and RNA. The company released it for free, including for commercial use. Its later models, Chai-2 and Chai-3, generate custom antibodies and other biologics from scratch, which the company says can produce candidates for hard-to-drug targets and validate them in the lab within weeks. Chai Discovery makes money by licensing its platform to pharmaceutical and biotech companies. It has signed agreements with Eli Lilly, Pfizer and Novartis.

Categories Artificial Intelligence, Foundation Models, Biotechnology
Founded 2024
Country United States
CEO Joshua Meier
Founders Joshua Meier, Jack Dent, Matthew McPartlon, Jacques Boitreaud
Headquarters San Francisco, CA

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News

Chai Discovery Enters Into Collaboration Agreement With argenx to Advance AI-Driven Immunology Breakthroughs

SAN FRANCISCO--(BUSINESS WIRE)--Chai Discovery, the AI company building a computer-aided design suite for molecules, today announced a collaboration agreement with argenx, a leading immunology innovat...

Other symbols: ARGX
3 days ago - Business Wire

Chai Discovery Announces $400M Series C to Advance AI-Driven Molecular Design

Chai Discovery raised a $400 million Series C round at a $3.8 billion valuation. The round was led by Index Ventures alongside Kleiner Perkins, Sequoia Capital and Dimension.

5 days ago - Business Wire

Chai Discovery and Novartis partner to advance AI-driven antibody discovery

Novartis will gain access to Chai's latest AI models, including Chai-3, to support antibody discovery across multiple therapeutic programs. Financial terms were not disclosed.

6 days ago - Scientist Live

Chai Discovery Announces License Agreement with Pfizer to Accelerate Drug Discovery with AI

SAN FRANCISCO--(BUSINESS WIRE)--Chai Discovery, the company engineering AI models to discover new molecules, announces a license agreement with Pfizer.

Other symbols: PFE
6 weeks ago - Business Wire

Chai Discovery Announces Collaboration with Eli Lilly and Company to Accelerate Biologics Discovery

SAN FRANCISCO--(BUSINESS WIRE)--Chai Discovery, the AI company building a computer-aided design suite for molecules, announces Eli Lilly and Company collaboration.

Other symbols: LLY
6 months ago - Business Wire

OpenAI-backed biotech firm Chai Discovery raises $130M Series B at $1.3B valuation

Chai Discovery closed a $130 million Series B co-led by General Catalyst and Oak HC/FT, reaching a $1.3 billion valuation. The company said it aims to build a computer-aided design suite for molecules...

7 months ago - TechCrunch

OpenAI-backed biotech Chai Discovery raises $70M Series A

Chai Discovery raised a $70 million Series A led by Menlo Ventures at a $550 million valuation. Former Pfizer chief scientific officer Mikael Dolsten joined its board.

1 year ago - Endpoints News

OpenAI-backed biotech debuts antibody-making AI models

Chai Discovery unveiled Chai-2, a generative model for fully de novo antibody design. The company reported wet-lab hit rates close to 20%, far above prior computational methods.

1 year ago - Endpoints News

Chai Discovery Gets OpenAI, Thrive Capital Backing to Bring AI to Biotech

Chai Discovery came out of stealth with about $30 million in seed funding from Thrive Capital and OpenAI. It launched Chai-1, an open-source foundation model for molecular structure prediction.

2 years ago - Bloomberg