Series A10 September 2025

CuspAI secures $100m plus Series A funding led by New Enterprise Associates and Temasek to expand its materials discovery platform.

The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.

$100MSeries A

CuspAI is a frontier AI company that builds generative technology to discover and develop new materials. The company operates a platform that lets users specify required properties to generate synthesisable candidates.

CuspAI has secured more than £100m in a Series A funding round co-led by New Enterprise Associates and Temasek. The capital will be deployed to expand the company platform and accelerate international growth.

The financing follows participation from institutional investors including NVentures, Samsung Ventures, and Hyundai Motor Group, alongside a cohort of venture firms and angel investors. The company has secured several commercial partnerships spanning automotive, semiconductors, and climate technology since its inception.

From the founder

"Next-generation AI compute, clean air and water and sustainable energy – these multi-billion-dollar global challenges share a common barrier: materials. CuspAI’s mission is to change that. In just a year, we’ve gone from concept to partnerships with world leaders in automotive, semiconductors, energy, and climate."

Chad Edwards

CEO and Co-founder at CuspAI

Investor perspective

"AI’s most profound promise emerges when it moves beyond the everyday and becomes a catalyst for discovery, deepening our command of chemistry, biology, and physics, and accelerating the design of materials that redefine what is possible. CuspAI harnessed this power to shutter long-accepted engineering limits, enabling breakthroughs across industries that can elevate the quality of life for generations to come in months rather than decades."

Lila Tretikov

Partner and Head of AI Strategy, New Enterprise Associates