Portfolio
2
companies
CuspAI
CuspAI develops an artificial intelligence platform to accelerate the discovery of new materials.
Fluent
Fluent provides an AI-powered data analytics platform enabling natural language queries for non-technical team members.
Clark Valberg
Managing Partner
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."
Hoxton Ventures and Tiferes Ventures have led a seed investment in data analytics platform Fluent.
"On average, 40% of a data team’s time is spent answering questions from across their business. A lot of these questions are easy to answer for the data team but take them away from the deeper, more strategic analysis that can be transformative to their business. With Fluent’s natural language interface, we’re helping team members self-serve on their data questions."
