$400M
The financing features backing from Bezos Expeditions and Kleiner Perkins, elevating the valuation of the Cambridge startup to $2.6bn.
CuspAI
CuspAI builds generative artificial intelligence software to discover and manufacture new materials.
$724MTotal raised
CuspAI develops generative artificial intelligence models designed to accelerate the discovery and synthesis of advanced materials.
Categories
Founders
CE
Chad Edwards
Co-founder
Chad serves as co-founder and chief executive of CuspAI. He previously held strategy and partnership roles at Quantinuum and co-founded Cambridge Quantum Computing.
LinkedIn
Max Welling
Co-founder
Max serves as co-founder and chief technology officer at CuspAI, alongside academic appointments at the University of Amsterdam, Caltech, and the Canadian Institute for Advanced Research. His background includes a role as vice president and distinguished scientist at Microsoft.
LinkedInInvestors
- $400M
- $100MTTemasekLeadBSBasis Set VenturesFollow-onFLFJ LabsFollow-onGVGiant VenturesFollow-onLocalGlobeFollow-on
NorthzoneFollow-on
TVTiferes VenturesFollow-onTCTouring CapitalFollow-on - £23.6M
Funding history
$200M
The British artificial intelligence startup is in discussions for a new funding round to expand its platform and international footprint.
$100M
The financing was co-led by New Enterprise Associates and Temasek with participation from a broad group of strategic investors.
£23.6M
The seed round was led by Hoxton Ventures with participation from Basis Set Ventures and Lightspeed Venture Partners.