Glycyrrhiza uralensis Fisch. (licorice) has been widely used in traditional medicine for the treatment of infections, gastritis, cancer, and pain. While its anti-cancer properties, particularly against gastric, lung, colon, and liver cancers, have recently attracted increasing interest, the underlying mechanisms, especially those related to its antioxidative and anti-angiogenic activities remain largely unexplored. This study aimed to isolate and characterize bioactive compounds from the methanol (MeOH) extract of G. uralensis and evaluate their effects on hypoxia-inducible factor-1 alpha (HIF-1α) and related pathways. Phytochemical investigation of the MeOH extract of G. uralensis roots aided by liquid chromatography-mass spectrometry led to the isolation of 6 compounds (1-6), which were structurally characterized as licochalcone A (1), licochalcone B (2), liquiritigenin (3), liquiritin (4), isoliquiritin (5), and 3,3',4,4'-tetrahydroxy-2-methoxychalcone (TMC, 6) by spectral analysis, mainly ESI-MS, UV, and NMR data. Among them, TMC showed the strongest inhibitory effects on both HIF-1α and Nrf2 signaling. In HCT-116 human colorectal cancer cells, TMC significantly reduced hypoxia-induced HIF-1α protein accumulation without altering its mRNA level, and this effect was reversed by MG132, suggesting that proteasome-dependent mechanisms contribute to the reduction of HIF-1α protein levels. TMC also decreased VEGF expression. In addition, TMC suppressed Nrf2 and HO-1 expression and reduced Nrf2 mRNA stability under hypoxic conditions. Despite inhibition of the Nrf2/HO-1 axis, TMC reduced intracellular ROS levels and exhibited mild radical-scavenging activity in the DPPH assay, suggesting that TMC may contribute to redox balance under hypoxic conditions. In human umbilical vein endothelial cells, TMC inhibited VEGF-induced migration and tube formation and attenuated VEGFR2 phosphorylation. In zebrafish, TMC reduced HIF-1α protein levels without gross developmental or cardiac toxicity. Collectively, these findings indicate that TMC exerts anti-angiogenic activity by targeting the HIF-1α/VEGF pathway, modulating VEGFR2 activation, and suppressing Nrf2/HO-1 signaling through reduced Nrf2 mRNA stability, highlighting its potential as a therapeutic candidate for hypoxia-associated tumor angiogenesis.