Giant Ventures invests in purpose-driven entrepreneurs addressing major global challenges across Europe and the US. The firm was established by technology founders to support companies from pre-seed through to growth stages.
Madelene is a partner at Giant Ventures and holds board positions at Cosmic Robotics, Matta, and Ataraxis AI. She previously worked as a product owner at Revolut after starting her tenure at Giant Ventures as a principal.
The seed round was led by Lakestar to accelerate development and international deployment.
"Everything around us is manufactured, from the mug on your desk to the optical cables carrying our Netflix binges. Everyone talks about the glamorous side of manufacturing: generative design, material discovery, digital twins, but few spend time on the factory floor. The hard part isn’t dreaming things up inside a computer; it’s making them work at scale. Manufacturing still runs on human know-how, the kind that lets someone on the line kick a machine just right, or run a finger over a scratch, and say, ‘that’s thirty-four microns wide.’ We’re using AI to capture and scale that tacit knowledge, so engineers can design things that actually work in the real world. It’s time to manufacture the impossible."
The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.
"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."
The seed round was led by Hoxton Ventures with participation from Basis Set Ventures and Lightspeed Venture Partners.
"The Fundamental AI Research (FAIR) team is looking forward to collaborating with CuspAI in their use of AI, including our OpenDAC work, to accelerate the discovery of novel DAC sorbent materials. The world needs fast progress on affordable carbon capture, and we believe that CuspAI’s team is in an excellent position to apply AI-based materials discovery to this pressing problem."
The equity portion of the round was led by Iberis Capital, with debt financing from SmartLenders Asset Management.
"The demand for workforce upskilling has never been greater. We’re on a mission to plug this gap across Europe while empowering individuals to level-up their careers. Our platform is currently over-subscribed so, with the new funds, we’re looking forward to helping as many people as possible embark on training courses to upskill. We aim to expand our coverage to build the workforce for the future, in particular in areas such as technology, AI and climate change."
General Catalyst led the Series A round to support the development of virtual ward infrastructure.
"I’m very proud of our team in completing this successful financing round, marking a significant step in Doccla’s vision of making virtual wards a core part of modern healthcare systems. From the company’s beginnings in 2019, we have continued to grow and expand and have received contract extensions from all of our clients, proving the inherent value of Doccla to the healthcare sector. Combining new technology with a service layer and clinical capacity reduces work for the NHS. We look forward to using this new level of support to further build on our success by getting more hospitals on board and developing our technology and clinical capacity to help solve the hospital bed crisis and alleviate the immense pressures on the NHS and other healthcare systems."
