MindRank AI Funding, Investors & Competitors

MindRank AI has raised $101M across 4 funding rounds, most recently a $52M Series B in July 2026.

Last MindRank AI funding round

$52M

Series B · Jul 2026

Cumulative funding MindRank AI raised

$101M

across 4 funding rounds

Key investors in MindRank AI

  • Sherpa Healthcare Partners
  • Green Pine Capital Partners
  • Huagai Capital
  • CHERAMI

MindRank AI Overview

About MindRank AI

MindRank AI is a drug discovery company powered by proprietary platforms including PharmKG, Molecule Dance, and Molecule Pro. These AI tools accelerate the identification of small molecule medicines with unique clinical benefits, streamlining the drug development pipeline.


Founded

2020

HQ

ChinaShanghai

Status

Privately held

Customer focus

B2B

Revenue model

Services

MindRank AI Funding History

MindRank AI has raised a total of $101M across 4 funding rounds.

MindRank AI's first fundraising round was a $7M seed round in May 2021. The most recent completed round was a $52M Series B in July 2026.

MindRank AI funding rounds

MindRank AI funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2026Series B-$52MMindRank AI Ltd., a Hangzhou-based clinical-stage AI drug discovery company, completed a $52 million Series B financing round announced on July 9, 2026, with funding raised in stages totaling $52 million cumulatively. The round was led by a consortium of institutional and healthcare funds, with Kaiyuan Capital serving as the exclusive financial advisor. Capital will be deployed to iteratively upgrade the company's proprietary full-chain AI drug R&D engine MAP (Molecule Arts Platform), advance Phase III clinical trials of its lead candidate MDR-001—an AI-discovered oral small-molecule GLP-1 receptor agonist for obesity in China—and support development of additional pipeline candidates to enrich the product portfolio. MDR-001 entered pivotal Phase III "MOBILE" trials in January 2026 and reached this stage in just 4.5 years, marking one of the first AI-designed molecules to achieve Phase III and validating MindRank's discovery engine efficiency. The company operates an AI-native drug discovery platform integrating biological, chemical, computational, and clinical data into a unified R&D framework, with the Series B funding aimed at scaling the platform, pushing forward its clinical and preclinical pipeline, and laying groundwork for commercialization of MDR-001.
Jul 2023Series ACHERAMI (lead)$23MMindRank AI is a clinical-stage artificial intelligence-empowered drug discovery company focused on developing an innovative proprietary drug pipeline and commercializing its AI platform for pharmaceutical research. The company completed a Series A-II funding round on July 18, 2023, raising over $20 million in financing led by Cherami Investment Group, with additional participation from other life sciences and healthcare sector investors. Pure Spring Capital served as the exclusive financial advisor for the transaction. The capital was designated to advance MindRank's proprietary drug pipeline and further refine and commercialize its AI-powered drug discovery platform.
Dec 2021Series AGreen Pine Capital Partners (lead); Huagai Capital (lead); Sherpa Healthcare Partners$19MMindRank AI is a biotech firm headquartered in Hangzhou, China, specializing in AI-driven drug discovery and development. It has raised funding across multiple rounds, including a Series A on December 20, 2021, backed by investors such as Green Pine Capital Partners, Huagai Capital, and Sherpa Healthcare Partners. The company has secured a total of approximately $20M to $30M over four rounds, with key backers also including Cherami Investment Group. The firm operates in the competitive AI-biotech space alongside players like NeoX Biotech.
May 2021SeedSherpa Healthcare Partners (lead)$7MMindRank AI is an AI pharmaceutical startup that developed the one-stop AI drug R&D platform Molecule Pro. In May 2021, it completed an angel round led by Sherpa Healthcare Partners, raising $7 million. Sherpa continued investing in the subsequent December 2021 Series A, a tens of millions USD round jointly led by Huagai Capital and Pinevc. The angel round supported initial operations, while the Series A funded team expansion, self-research pipeline R&D, and business growth. Since the angel round, MindRank delivered R&D milestones to listed pharmaceutical and biotech companies, signed large orders, and advanced a candidate molecule to preclinical IND-enabling stage for a partner.

Who has invested in MindRank AI?

4 investors have backed MindRank AI across its funding rounds, including Sherpa Healthcare Partners, Green Pine Capital Partners, Huagai Capital and CHERAMI.

Lead investors include CHERAMI, Green Pine Capital Partners, Huagai Capital and Sherpa Healthcare Partners.


MindRank AI Investors

Investors in MindRank AI by funding rounds participated
InvestorHQRoundsRoleFirst check
Sherpa Healthcare PartnersChinaBeijing2LeadMay 2021
CHERAMIChinaGuangzhou1LeadJul 2023

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MindRank AI Competitors

MindRank AI competitors include listed companies like Eli Lilly and Johnson & Johnson, and private ones like Anew Labs, Astromech, Insitro and Pathos.

Public and private companies comparable to MindRank AI
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Anew LabsChinaShanghaiPrivate--$1.5B-
AstromechUnited StatesUnited StatesPrivate--$3.8B-
InsitroUnited StatesSan Francisco, CAPrivate--$2.2B-
PathosUnited StatesChicago, ILPrivate$13M$3M$1.6B123.1x
Eli LillyUnited StatesUnited StatesPublicly listed$65B$28B$1.0T13.1x
Johnson & JohnsonUnited StatesUnited StatesPublicly listed$94B$40B$651B6.8x

MindRank AI Public Comps

MindRank AI is still privately-owned, but its public comps include Eli Lilly, Johnson & Johnson, AbbVie, Merck, Roche, Novartis, AstraZeneca, CrowdStrike, SAP and Amgen.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Eli Lilly$65B$28B16.5x13.1x38.7x27.0x
Johnson & Johnson$94B$40B7.2x6.8x17.0x18.3x
AbbVie$61B$17B8.7x8.1x30.6x17.6x
Merck$65B$28B6.3x6.2x14.7x21.0x
Roche$77B$26B5.0x4.9x14.6x12.4x
Novartis$57B$22B5.5x5.5x14.2x13.3x
AstraZeneca$59B$19B4.8x4.5x14.6x12.7x
CrowdStrike$4.8B($12M)51.4x44.5x(19816.2x)151.0x

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Common questions about MindRank AI

When was MindRank AI founded?MindRank AI was founded in 2020.
Where is MindRank AI headquartered?MindRank AI is headquartered in Shanghai, China.
Is MindRank AI publicly listed?No, MindRank AI is a private, VC-backed company.
How much funding has MindRank AI raised?MindRank AI has raised $101M across 4 funding rounds.
What was MindRank AI's last funding round?MindRank AI's last funding round was a $52M Series B in July 2026.
Who are MindRank AI's investors?MindRank AI's investors include Sherpa Healthcare Partners, CHERAMI, Huagai Capital and Green Pine Capital Partners.
Which companies are comparable to MindRank AI?Companies comparable to MindRank AI include Anew Labs, Astromech, Insitro, Pathos, Eli Lilly and Johnson & Johnson.

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