CuspAI, startup building AI models for chemistry, raises $100 million Series A

CuspAI, startup building AI models for chemistry, raises $100 million Series A

NEA and Temasek are leading the investment into CuspAI, with Nvidia's NVentures, Samsung, and Hyundai also participating.

CuspAI raises $100M for AI material discovery platform

CuspAI, a Cambridge-based artificial intelligence company, secured $100 million in Series A funding to accelerate development of its AI-driven materials discovery platform. The startup, founded in 2024, uses advanced AI to transform how companies find and create new materials across multiple industries. AI materials discovery startup attracts major tech and automotive investors New Enterprise Associates and Temasek co-led the Series A round, wit…

UK materials firm advised by ‘Godfather of AI’ raises $100m+

The startup behind a platform for developing new materials to tackle global sustainability and clean energy challenges has secured more than $100m (£74m) in Series A funding. CuspAI leverages generative AI, deep learning and molecular simulation to streamline the material design process. The platform functions like a search engine for materials, allowing users to request specific properties for new materials on-demand. This enables the rapid gen…

CuspAI raises $100M to build AI ‘search engine’ to transform materials science - SiliconANGLE

Cambridge-based CuspAI, an artificial intelligence company developing a platform to revolutionize how the world discovers and develops new materials, said today it has raised $100 million in an early-stage funding round. The Series A round was co-led by U.S. fund New Enterprise Associates and Temasek, with participation from Nvidia Corp.’s venture capital arm NVentures, Samsung […] The post CuspAI raises $100M to build AI ‘search engine’ to tran…

CuspAI, which develops AI foundation models for materials discovery, raised a $100M Series A led by NEA and Temasek, a source says at a ~$520M valuation

Jeremy Kahn / Fortune: CuspAI, which develops AI foundation models for materials discovery, raised a $100M Series A led by NEA and Temasek, a source says at a ~$520M valuation  —  CuspAI, a startup developing AI models for chemistry that counts several AI luminaries among its scientific advisors, has raised $100 million in new venture capital funding.