Tech Company Financing Transactions

Anew Labs Funding Round

Anew Labs, based in Shanghai, raised $290 million from 5Y Capital, GL Ventures and IDG Capital Partners.

Transaction Overview

Company Name
Announced On
9/21/2026
Transaction Type
Venture Equity
Amount
$290,000,000
Round
Undisclosed
Investors

5Y Capital (Lead Investor)

GL Ventures (Lead Investor)

IDG Capital Partners (Lead Investor)

Sequoia China (Lead Investor)

Boyu Capital

Gaorong Capital

Primavera Capital

Proceeds Purpose
The company intends to use the funds to scale its computational biology infrastructure, fund high-performance graphics processing unit (GPU) cluster acquisitions, expand its core machine learning and molecular chemistry research teams in Shanghai, and accelerate the development of its automated wet lab testing validation pipelines.

Company Information

Company Status
Private & Independent
Industry
Biopharmaceutical
Mailing Address
Undisclosed
Shanghai, Undisclosed
China
Phone
Undisclosed
Email Address
Overview
We drive breakthroughs in AI to tackle longstanding challenges in drug discovery. We combine these advances with experimental science and drug discovery expertise to create new medicines that make a meaningful difference for patients. Our integrated AI platform accelerates every stage of drug discovery, from target identification to clinical development.
Profile
Anew Labs LinkedIn Company Profile
Social Media
Anew Labs Company Twitter Account
Company News
Anew Labs News
Facebook
Anew Labs on Facebook
YouTube
Anew Labs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Kai Liu
  Kai Liu LinkedIn Profile  Kai Liu Twitter Account  Kai Liu News  Kai Liu on Facebook


 

 

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Prev: 9/21/2026: ImpriMed venture capital transaction
Next: 9/21/2026: Angle Health venture capital transaction

 

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About Our Venture Capital Transactions Database

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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