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ChemLex, a Singapore-based chemistry AI startup, raised $45 million to expand its AI-powered drug discovery labs globally.
ChemLex, a chemistry AI startup, raised $45 million led by Granite Asia and established its global headquarters in Singapore to advance drug and materials discovery using AI-powered robotics.
The company’s self-driving lab can generate data equivalent to three years of manual work in a single day, serving over 70 global clients, including six of the world’s top 10 pharma firms.
Funds will support hiring in Singapore and expanding its automated lab from Shanghai to Singapore.
ChemLex ensures data privacy by training its AI only on its own experiments and has partnered with Singapore’s Experimental Drug Development Centre to boost small-molecule drug discovery.
The company targets the rapidly growing AI-driven drug discovery market, projected to reach $50 billion by 2034.
ChemLex, una startup de IA química con sede en Singapur, recaudó 45 millones de dólares para expandir sus laboratorios de descubrimiento de medicamentos impulsados por IA a nivel mundial.