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Anew Labs Raises USD 290M in First External Round

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News brief

On September 16, 2026, Shanghai-based Anew Labs, an AI drug discovery platform spun off from ByteDance, raised USD 290 million in its first external round co-led by HSG Sequoia China, IDG Capital, Hillhouse Ventures and 5Y Capital, at a USD 1.5 billion valuation.

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  1. www.reuters.com ↗Published Sep 16, 2026
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

2026年9月16日,据路透社报道,上海AI药物发现及研发平台Anew Labs完成2.9亿美元首次外部融资,HSG红杉中国、IDG资本、高瓴创投、五源资本共同领投,估值15亿美元。公司为字节跳动药研业务分拆。