CuspAI Raises $450 Million Series B At $2.6 Billion Valuation To Discover New Materials
By Amit Chowdhry ● Today at 10:10 AM
CuspAI has raised $450 million in Series B funding to expand its artificial intelligence platform for discovering new materials. The financing values the British startup at approximately $2.6 billion. Kleiner Perkins and New Enterprise Associates co-led the round, with significant participation from Jeff Bezos’ investment firm, Bezos Expeditions. Other investors included Glade Brook Capital Partners, Lux Capital, AMD Ventures, Tru Arrow Partners, StepStone, the U.K.’s Sovereign AI Venture Fund, Invest-NL and John Doerr.