Novorex
Real Binder Discovery
Seongnam, United States · Founded 2020 · $15.2M raised
- Headquarters
- Seongnam
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- novorex.com
- Total Funding
- $15.2M
- Last Round
- $15.2M Venture RoundApr 2026
- Rounds
- 1
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Novorex is a South Korean drug discovery company founded in 2020 and headquartered in Seongnam-si (Gyeonggi-do), specializing in novel small-molecule therapeutics targeting oncology and neurology indications. The company combines AI-driven prediction, fragment-based drug discovery (FBDD), and in-house biophysical validation — including SPR, NMR, and X-ray crystallography — to generate proprietary experimental data and accelerate lead discovery in a closed-loop design-make-test-analyze (DMTA) cycle. Novorex operates three R&D labs (Pangyo, Central, and Jeongeup), has closed $29.7M in cumulative funding, and pursues both in-house CNS and inflammation pipelines as well as partnership-ready assets, differentiating itself from pure AI platform companies through its commitment to experimental wet-lab validation.
Summary
Novorex is an Artificial Intelligence company based in Seongnam, United States, founded in 2020. It has raised $15.2M in total across 1 round, most recently a $15.2M Venture Round in Apr 2026. Investors include Korean Development Bank, SBI Investment and Hyundai Technology Investment.
Tech & App Stack
2 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.
Funding History
Apr 2026
Investors
Similar Companies
AI-first drug discovery company using AlphaFold-derived models to design therapeutics and acceler...
OpenAI is an AI research and deployment company dedicated to ensuring that general-purpose artifi...
Anthropic develops reliable, interpretable, and steerable AI systems, translating frontier safety...
xAI builds AI systems, including Grok, with frontier reasoning, voice, and generative media capab...
Waymo is an autonomous driving technology company with a mission to make it safe and easy for peo...
Databricks provides a unified data and AI platform that helps enterprises build and run applicati...
Appears in
Your company? Embed this profile
Add the live badge to your site — it stays current as your funding data updates.
<a href="https://indexed.vc/companies/novorex"><img src="https://indexed.vc/api/badge/company/novorex" alt="Novorex on Indexed.vc" width="260" height="76" /></a>