Anew - About the company
Anew is a series D company based in China. It operates as a Developer of artificial intelligence platforms for drug discovery and design. Anew has raised $290M in funding from investors like IDG Capital, HSG and Hillhouse. The company has 282 active competitors, including 86 funded and 15 that have exited. Its top competitors include companies like Schrodinger, Recursion Pharmaceuticals and Relay Therapeutics.
Company Details
Developer of artificial intelligence platforms for drug discovery and design. These computational systems integrate protein structure prediction, molecular dynamics, and generative modeling to identify therapeutic targets and optimize small-molecule and antibody candidates. The technology utilizes scientific reasoning models and experimental feedback loops to facilitate the generation of synthesis pathways and the evaluation of biomolecular interactions. This approach supports the progression of pharmaceutical candidates from initial identification through to clinical development stages.
Key Metrics
Location
Stage
Series D
Total Funding
$290M in 1 round
Latest Funding Round
Investors
Ranked
86th among 282 active competitors
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Anew's funding and investors
Anew has raised a total funding of $290M over 1 round. Its latest funding round was a Series D round on Sep 17, 2026 for $*****. 8 investors participated in its latest round. Anew has 8 institutional investors.
Here is the list of recent funding rounds of Anew:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 17, 2026 | 5642991 | Series D | 2128911 | 4194109 | 6405579 | 3104858 |
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Anew's Competitors and alternates
Top competitors of Anew include Schrodinger, Recursion Pharmaceuticals and Relay Therapeutics. Here is the list of Top 10 competitors of Anew, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Schrodinger 1990, New York City (United States), Acquired | Provider of a web-based simulation and modelling tool | $162M | 74/100 | |
2nd | Recursion Pharmaceuticals 2013, New York (United States), Public | AI-enabled drug discovery and development platform for novel therapeutics | $452M | 72/100 | |
3rd | Relay Therapeutics 2016, Cambridge (United States), Public | Developer of drug discovery platform and study protein motion | $520M | 70/100 | |
4th | Atomwise 2012, San Francisco (United States), Series B | Developer of artificial intelligence platform for small molecule drug discovery | $219M | 67/100 | |
5th | Valo Health 2019, Boston (United States), Series B | AI-powered platform for drug discovery and development | $450M | 67/100 | |
6th | XtalPi 2014, Cambridge (United States), Public | AI-based drug research and development company | $785M | 67/100 | |
7th | Xaira 2023, San Francisco (United States), Series D | AI-enabled platform for drug discovery and development | $1B | 63/100 | |
8th | In Silico 2014, Boston (United States), Public | AI-enabled bioinformatics platform for drug discovery and biomarker development | $510M | 63/100 | |
9th | Tandem AI 2021, New York (United States), Series A | AI-based drug discovery tool for researchers | $82M | 62/100 | |
10th | Genesis Therapeutics 2019, San Francisco (United States), Series B | Developer of an AI platform for discovering and designing novel drugs | $304M | 62/100 | |
86th | Developer of artificial intelligence platforms for drug discovery and design | $290M | 34/100 |
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Anew's Investments and acquisitions
Anew has made no investments or acquisitions yet.
Reports related to Anew
Here is the latest report on Anew's sector:
News related to Anew
Media has covered Anew for 1 event in last 1 year.
•
ByteDance's Anew Labs Secures US$290 Million in Funding for AI Drug DiscoveryDigitimes•Sep 17, 2026•Anew
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