Friday · October 16, 2026

 ·  Daily  ·  Newsletters

Resonance network: Quantum InsiderSpace Insider

AI-for-Science Startup ChemLex Raises $45M, Launching Self-Driving Lab for Drug Discovery in Singapore

Insider Brief

  • ChemLex raised $45 million and established its global headquarters and autonomous self-driving chemistry lab in Singapore to accelerate AI-driven chemical discovery.
  • Its 24/7 automated platform dramatically reduces development timelines and costs, already serving 70+ customers including major pharmaceutical companies.
  • Funding will support hiring and expanded R&D, alongside new partnerships such as its MOU with Singapore’s EDDC to speed next-generation drug discovery.

PRESS RELEASE — ChemLex, a next-generation AI-for-science company, announced the establishment of its global headquarters and self-driving laboratory in Singapore, alongside the close of a USD 45 million funding round led by Granite Asia.

Founded in 2022, ChemLex develops AI technologies that radically accelerate chemical discovery for the pharmaceutical industry, significantly reducing time-to-market. In just three and a half years, it has grown to support more than 70 customers worldwide, including six of the world’s top ten pharmaceutical companies. This surge reflects a larger industry shift as analysts expect the AI-powered drug discovery market to jump from USD 3.6B in 2024 to nearly USD 50B by 2034.

At the core of ChemLex’s platform is a 24/7 autonomous chemistry system that accelerates chemical discovery, making it far more cost-efficient and significantly more sustainable than traditional laboratory methods. Driving this is an innovative AI-powered, fully automated synthesis line, which runs experiments autonomously, captures data in real-time, and transforms chemical discovery from a stop-start process into a smooth workflow.

The new funding will support the hiring of more hardware and software engineers, as well as chemists in Singapore, enabling the company to serve a broader pipeline of pharmaceutical and materials science projects.

Sean Lin, Founder and CEO of ChemLex: “We’re building an R&D engine that compresses months of synthesis and optimisation into weeks or even days, transforming both the speed and certainty of discovery. Singapore strengthens this effort and provides us an ecosystem to scale rapidly and support partners globally who need this capability now.”

Yinghui Kuang, Partner at Granite Asia: “AI-enabled chemistry is creating one of the most important industrial transitions of the decade, and ChemLex sits in that sweet spot, turning that shift into a business advantage with a platform that can accelerate molecule design and manufacturing at scale. This is the type of deeptech company that can reshape supply chains, shorten development timelines, and unlock new economic value, and Singapore gives them the foundation to grow.”

ChemLex also signed a memorandum of understanding with the Experimental Drug Development Centre (EDDC), Singapore’s national platform for drug discovery and development. This collaboration seeks to accelerate next-generation small molecule drug discovery through advanced automation.

Prof. Damian O’Connell of the Experimental Drug Development Centre: “We first met ChemLex in 2023, and since then we’ve seen the company grow from a promising startup to a global innovator in AI and automation-driven chemical synthesis. As ChemLex’s first Singapore partner, we are thrilled to expand our collaboration through the MOU. This partnership reinforces our shared vision of accelerating drug discovery and development through cutting-edge technology, ultimately bringing safer, more effective therapies to patients faster. By combining EDDC’s drug development expertise with ChemLex’s automation and AI capabilities, we aim to shorten timelines, reduce costs, and deliver innovative treatments that improve lives in Singapore and globally.”

These initiatives align with the Singapore Economic Development Board’s (EDB) efforts to build a more resilient, innovation-ready life sciences ecosystem.

Goh Wan Yee, Senior Vice President and Head, Healthcare, Economic Development Board: “ChemLex’s decision to anchor its global R&D headquarters and AI laboratory in Singapore reflects how companies can leverage the confluence of our strengths in deep tech and biomedical sciences ecosystem, to launch breakthrough innovations. We look forward to supporting more like-minded partners like ChemLex, to accelerate scientific discoveries that will benefit patients worldwide.”

SOURCE

James Dargan
About the author
James Dargan

James Dargan is a writer and researcher at The AI Insider. His focus is on the AI startup ecosystem and he writes articles on the space that have a tone accessible to the average reader.

Trending today

Business & Markets

Stryker to Invest $400M in CMR Surgical, Gains U.S. Sales Rights and Acquisition Option

Business & Markets

Intellivisa Announces $3M Pre-Seed Round to Scale Agentic AI for International Travel Clearance

Business & Markets · Enterprise

Ondas and Palantir Launch Regna AI for Sovereign Defense Systems

Business & Markets

Character.AI Files for Chapter 11 Bankruptcy and Agrees $20M Asset Sale to Disney

Business & Markets

SOAR AI Announces Up to $1B Equity Facility to Fund Expansion of Its AI Infrastructure Platform

The AI economy, every weekday morning

The daily briefing on LinkedIn. Free, one tap to follow.

Exclusives

Exclusive

South Korea’s AI G3 Strategy: Decoded

Scale-ups to Watch

10 Switzerland-Based AI Scale-Ups You Need to Know in 2026

network, blockchain, digital, hand, web, community, artificial, intelligence, steering, interfaces, bokeh, future, digitization, transformation, change, blockchain, blockchain, blockchain, blockchain, blockchain, transformation
Exclusive

Why Crypto Could Be AI’s Payment Layer: BlackRock Sees Stablecoins Connecting Commerce and Compute

AI Predictions
Exclusive

Why AI Predictions Often Get The Technology Right But The Timeline Wrong

Scale-ups to Watch

10 CEE & Baltics-Based AI Scale-Ups You Need to Know in 2026

More in Business & Markets

Latest from the same section
Business & Markets · Startups

Origin Raises $20M to Scale Autonomous Construction Robots

6 hours ago
Business & Markets · Startups

Ultra Raises $62M in Funding to Expand Deployment of its AI-Powered Warehouse Robots

13 hours ago
Physical AI · Defence & Autonomous Systems

Icon Raises $200M in Series D Funding to Scale Robotic Construction Systems

1 day ago
Technology & Infrastructure · Models & LLMs

Physical Intelligence Opens Pi API Beta for Robot Model Training and Deployment

1 day ago

The AI economy, every weekday morning

The daily briefing plus the weekly Scale-ups to watch edition. Free, no spam, unsubscribe any time.