69 Best Drug Discovery Startups to Watch in 2024

Comprehensively mapping and reprogramming the immune system with single-cell biology and AI to power new therapeutic discoveries, accelerate drug development and improve patient outcomes

Total Raised: $313.00M

Last Funding: $18.00M (Unknown)

Nuclera is a provider of eProtein discovery benchtop system founded in 2013 by Jiahao Huang, Gordon McInroy and Michael Chen.

Total Raised: $117.50M

Last Funding: $75.00M (Series C)

Terray Therapeutics is a Los Angeles-based biotechnology company that combines ultra-high throughput experimentation, generative AI, biology, medicinal chemistry, automation, and nanotechnology to explore molecules and their targets for the purpose of discovering and developing small molecule therapeutics.

Total Raised: $180.00M

Last Funding: $120.00M (Series B)

CardiaTec is an AI-powered cardiovascular drug discovery platform founded in 2021 by Thelma Zablocki, Raphael Peralta and Namshik Han.

Total Raised: $8.20M

Last Funding: $6.50M (Seed)

TCR-based immunotherapies developer targeting novel dark antigens for cancer patients.

Total Raised: $32.50M

Last Funding: $32.50M (Series B)

Epitopea is a RNA-based immunotherapies developer to treat cancer patients founded in 2021 by Jon Moore, Claude Perreault and Pierre Thibault.

Total Raised: $13.66M

Last Funding: $0.66M (Unknown)

Eaze is an online marketplace and technology platform that helps provide legal access to cannabis through safe and convenient delivery.

Total Raised: $10.00M

Last Funding: $10.00M (Series B)

Heartseed is a biotech company developing iPSC-derived highly purified ventricular cardiomyocytes for heart failure

Total Raised: $63.00M

Last Funding: $37.00M (Series C)

Antibody drug discovery platform.

Total Raised: $4.60M

Last Funding: $4.60M (Seed)

AI-driven genetic data and insights provider for faster drug discovery.

Total Raised: $1.50M

Last Funding: $1.50M (Pre Seed)

Neuro medicine developer to treat serious diseases of the central nervous system.

Total Raised: $1.30M

Last Funding: $1.30M (Seed)

Biopharmaceutical company developing protein therapeutics with a machine learning-driven evolution engine.

Total Raised: $83.17M

Last Funding: $3.70M (Seed)

Healx is a biotechnology therapeutics company for rare diseases founded in 2014 by Tim Guilliams.

Total Raised: $56.00M

Last Funding: $56.00M (Series B)

Engine Biosciences is a San Francisco-based AI company that is focused on drugs development.

Envisagenics is a biotechnology company founded by Maria Luisa Pineda and Martin Akerman in 2014 and headquartered in New York City, New York using artificial intelligence and RNA sequencing to develop therapeutics to treat genetic diseases.

BioNTech is a German company that develops immunotherapies for the treatment of cancer and other diseases.

Glympse Bio is developing a powerful new paradigm in diagnostics to enable noninvasive and predictive monitoring of multiple human diseases.

Tempus, a technology company advancing precision medicine through the practical application of artificial intelligence in healthcare.

Merck is a small Molecules, Vaccines, Biologics founded in 1888 by George W. Merck.

Adagene is a biotechnology company using computational biology and artificial intelligence for the development of novel antibody-based cancer immunotherapies.

EditForce is a pentatricopeptide Repeat Protein Engineering Technology.

Astellas Pharma is a pharmaceutical company.

A company providing research and development service to the pharmaceutical industry

Covance is Now Labcorp Drug DevelopmentOur name has changed but our mission remains the same—to continue bringing you advanced drug, device, and diagnostic breakthroughs.

biotx.ai is a Berlin-based biotechnology company developing biomarkers for diagnostics and drug discovery.

Schrodinger is a New York-based company providing software solutions and services for life sciences and materials research.

Medable's offers a healthcare application that provides patient-generated data for researchers, health startups, pharmaceuticals and universities.

o2h discovery is a Contract Research Organisation providing integrated chemistry and biology services for collaborative research from its research centres at Ahmedabad, India and SciTech Park in Cambridge, UK.

A bioinformatics company in San Francisco building data collection methods and databases that will enable machine learning algorithms in healthcare. It was founded in 2018.

A synthetic biology and biotechnology company founded in 2011 and headquartered in Emeryville, California.

Gracell Biotechnology is a developer of cancer immune therapies designed to treat cancer.

BenevolentAI is a bioinformatics company that develops and applies artificial intelligence and machine learning technology to analyze scientific data in order to create human health and bioscience applications.

Leader in delivering real-world evidence (RWE) and outcomes-based analytics solutions to life science companies and payers.

A clinical stage biopharmaceutical company in R & D and the industrialization of innovative drugs and high-end biological similar drugs. Clover Biopharmaceuticals is focused on tumor treatment and autoimmune diseases.

Insilico Medicine is a drug discovery, artificial intelligence company that looks to treat cancer and age related diseases

Innoplexus is an AI for Drug Discovery founded in 2015 by Gunjan Bhardwaj.

Biofourmis is a global health IT start-up in Massachusetts that focuses on personalized care and therapies using digital therapeutics.

Athelas is a company developing blood testing device that utilizes deep learning and computer vision.

BioAge Labs focuses on developing AI and systems biology-based solutions for slowing the aging process and treating age-related illnesses.

Verge Genomics is a company focused on the discovery and development of drugs for the treatment of neurodegenerative diseases with the use of machine learning and computational genomics.

DNAnexus is a Mountain View, California-based cloud computing and bioinformatics company.

Deep Intelligent Pharma is a drug researching company with focus in artificial intelligence.

PharmCADD is a company founded in 2019 by Taehyung Kwon.

Arbor Technologies is a company in Cambridge, MA, focusing on biodiscovery using machine learning, genome sequencing, gene synthesis and high-throughput screening.

A software-as-a-service technology company with a focus on robotic solutions for laboratories. It was founded in 2019 and is located in Menlo Park, California.