CuspAI Secures $450 Million Series B Funding for AI-Driven Materials Discovery
Cambridge-based CuspAI has raised $450 million in a Series B funding round, valuing the company at $2.6 billion. The investment is led by Kleiner Perkins and NEA with participation from major firms like Bezos Expeditions and AMD Ventures. The funds will support lab operations across multiple locations and expand its AI Materials Foundry coalition.
Topics: AI materials discovery semiconductors venture capital