Phoenix Lab raises $8.0M Seed (South Korea, Jul 2026)
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Backed by Menlo Ventures, Laxman Narasimhan +1 more · verified emails and LinkedIn on Datapile
SK Networks-Backed AI Drug Discovery Startup Phoenix Lab Raises $8 Million in Seed Funding - finance.biggo.com
Phoenix Lab is an AI drug discovery startup that leverages a proprietary Life Sciences Knowledge Graph to enhance decision-making throughout the drug development process. The company aims to accelerate its global market expansion with its innovative platform, Cheiron, which is South Korea's first Retrieval-Augmented Generation (RAG)-based generative AI drug discovery solution. This funding round marks a significant milestone as it is the first external investment for a company born from SK Networks' startup incubation program.
SK Networks-Backed AI Drug Discovery Startup Phoenix Lab Raises $8 Million in Seed Funding finance.biggo.com
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3,902 investors back startups in South Korea
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