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Anew Labs

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Anew Labs is an AI-driven drug discovery company spun out of ByteDance.

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Total funding $290M📍 Shanghai · East ChinaFounded 2021

Position in SVTR

Snapshot 2026-11-05
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About

Anew Labs is an AI-driven drug discovery company spun out of ByteDance. Its team was formed inside ByteDance in 2021 by Liu Kai and was spun off as an independent company in June 2026, headquartered in Yangpu, Shanghai, with offices in the US and Singapore. It builds AI drug-discovery platforms (AnewFold, AnewSampling, AnewOmni, AnewDesign, AnewMind) spanning protein structure prediction, all-atom molecular generation, antibody design and scientific reasoning, with a pipeline of preclinical candidates including a small-molecule inhibitor targeting IL-17 family dimers.

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Funding history

Comparable companies· by market

This company

  • Anew Labs

    AI-driven drug discovery and new drug development platform

    Undisclosed · $290M · 2026-09

Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.

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Investors that may fit

Dimension Capital

10 Life Sciences deals in the last 24 months · 1 in East China

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OrbiMed Advisors

9 Life Sciences deals in the last 24 months · 4 in East China

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Qiming Venture Partners

9 Life Sciences deals in the last 24 months · 7 in East China

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Lilly Asia Ventures

8 Life Sciences deals in the last 24 months · 7 in East China

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Matrix Partners China

6 Life Sciences deals in the last 24 months · 4 in East China

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B Capital

5 Life Sciences deals in the last 24 months · 1 in East China

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Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.

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