When was New Iridium founded?

New Iridium was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is New Iridium located?

New Iridium is headquartered in Boulder, United States.

Who is the current CEO of New Iridium?

Chern-Hooi Lim of New Iridium. They have also founded 1 company.

How many employees does New Iridium have?

As of Mar 31, 2026, the latest employee count at New Iridium is 8.

Is New Iridium a funded company?

New Iridium is a funded company, having raised a total of $2.65M across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Feb 05, 2019.

When was the latest funding round of New Iridium?

New Iridium's latest funding was a $***** Seed round on Jun 11, 2025, with participation from 4 investors.

Where does New Iridium rank among its competitors?

New Iridium ranks 9th amongst 233 active competitors, of which 23 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was ChemLex, which secured $45M in Dec, 2025.

Who are the top competitors of New Iridium?

New Iridium's top competitors include Sai Life Sciences, Liverpool ChiroChem and NFIL. Among them, ChemLex secured the most recent funding round in December, 2025.

New Iridium - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: newiridium.com
Social

Key Metrics

Founded Year

2016

Location

Boulder, United States

Stage

Seed

Total Funding

$2.65M in 6 rounds

Latest Funding Round

Seed, Jun 11, 2025, $*****

Investors

Radicle & 7 more

Ranked

9^th among 233 active competitors

Employee Count

8 as on Mar 31, 2026

Similar Companies

Sai Life Sciences & 270 more

View New Iridium's full profile

New Iridium has raised a total funding of $2.65M over 6 rounds. Its first funding round was on Feb 05, 2019. Its latest funding round was a Seed round on Jun 11, 2025 for $*****. 4 investors participated in its latest round. New Iridium has 8 institutional investors.

Here is the list of recent funding rounds of New Iridium:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 11, 2025	5710714	Seed	7335870	1150044	2118945	3881434
Jul 22, 2024	6233027	Grant (prize money)	3188539	9584651	8811511	HHS
Jun 29, 2023	3191063	Grant (prize money)	7039572	8698570	6800836	National Science Foundation

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View details of New Iridium's funding rounds and investors

The founders of New Iridium are Chern-Hooi Lim, Brent Cutcliffe and Garrett Miyake. Chern-Hooi Lim is the CEO of New Iridium.

Here are the details of New Iridium's key team members:

Chern-Hooi Lim: Founder & CEO of New Iridium.
Contact Info: 1 email address
Brent Cutcliffe: Co-Founder & COO of New Iridium.
Contact Info: 1 email address
Garrett Miyake: Co-Founder & CTO of New Iridium.
Contact Info: 1 email address

View details of New Iridium's Founder profiles and Board Members

New Iridium's employee count trend

New Iridium has 8 employees as of Mar 26. Here is New Iridium's employee count trend over the years:

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Top competitors of New Iridium include Sai Life Sciences, Liverpool ChiroChem and NFIL. Here is the list of Top 10 competitors of New Iridium, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sai Life Sciences 1999, Hyderabad (India), Public	Provider of drug discovery, developing, and manufacturing of complex small molecules	$108M	Sequoia Capital, HBM Healthcare Investments ... & 122 others	66/100
2nd	Liverpool ChiroChem 2014, Liverpool (United Kingdom), Acquired	Small organic molecule supplier for biotech/pharmaceutical R&D	$11.1M	Praetura Ventures, Northern Powerhouse Investment Fund ... & 4 others	51/100
3rd	NFIL 1967, Mumbai (India), Public	CRAMS company specialising in the custom chemical synthesis and manufacturing of fluorinated compounds	-	-	51/100
4th	GL Chemtec International 2002, Oakville (Canada), Acquired	Discovery stage CRO specializing in custom synthesis of fine chemicals and intermediates	-	-	51/100
5th	Bioduro 2005, San Diego (United States), Acquired	Global CRDMO providing integrated drug discovery, development, and manufacturing services	-	BridgeWest Group	49/100
6th	IRBM 2010, Pomezia (Italy), Funding Raised	Integrated drug discovery and preclinical development service provider	-	BioVaria, Europa	48/100
7th	Medicilon 2004, Pudong (China), Funding Raised	Integrated drug discovery and preclinical development services	-	Spinnotec, Fortune Capital & 1 others	48/100
8th	ChemLex Shanghai (China), Series B	Provider of consulting services in the field of chemical research and development through artificial intelligence chemical synthesis	$71M	LYFE Capital, Qiming Venture Partners & 3 others	46/100
9th	New Iridium 2016, Boulder (United States), Seed	Manufacturer of phenoxazine and dihydrophenazine	$2.65M	Evergreen Climate Innovations, America’s Seed Fund ... & 6 others	45/100
10th	Alzheimer's Drug Discovery 1998, New York City (United States), Funding Raised	Foundation aims to discover drugs to prevent, treat, and cure alzheimer's disease	-	HHS	45/100