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CuspAI
AI materials discovery and AI Materials Foundry
About CuspAI
CuspAI is a Cambridge, UK company founded in 2024 by Dr Chad Edwards and Prof Max Welling that builds an AI system for materials discovery—acting as a search engine for materials that do not yet exist across semiconductors, energy, climate, water treatment and carbon capture. Through its AI Materials Foundry, a global network of labs, compute and partners including NVIDIA, Meta, Samsung and Hyundai, customers specify desired properties and CuspAI designs candidate materials. Advisers include Geoffrey Hinton and Yann LeCun. In July 2026 CuspAI closed a $450 million Series B at a $2.6 billion valuation co-led by Kleiner Perkins and NEA, with significant participation from Bezos Expeditions and the UK Sovereign AI Fund, plus Glade Brook, Lux Capital, AMD Ventures, Tru Arrow, StepStone and returning Temasek, Basis Set, Giant Ventures, Phoenix Court and Northzone; disclosed funding now exceeds $650 million. Proceeds fund US, APAC and European expansion of the Foundry. Sources: Tech.eu / Reuters 20 Jul 2026; cusp.ai.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2024
- Headquarters
- Cambridge, United Kingdom
- Employees
- 74
- Open positions
- 17
- Dealroom signal
- 96.0/100
- Sector
- Energy, Biotechnology, Core AI, Sustainable Development Goals, Verified Unicorns and $1B Exits, Advanced Materials, Climate Tech, Generative AI, genAI Applications, Techbio Drug Discovery
- Technology
- Artificial Intelligence, Hardware, Deep Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Jun 2026 | $400M | $2.6B | Kleiner Perkins · Hyundai Motor Group · Temasek · Samsung Ventures | ↗ |
| SERIES AOther financing | Sep 2025 | $100M | $520M | Northzone · Samsung Electronics · Hyundai Motor Company · FJ Labs | ↗ |
Growth signals
Latest recorded traffic for CuspAI is 37K monthly website visits, down 9.8% over the last three months. CuspAI's team grew 64.4% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed12 investors entered at this stage
Hoxton Ventures
Lightspeed Venture Partners
Northzone
FJ Labs
Basis Set Ventures
Giant Ventures
Dorothy Chou
Tiferes Ventures
Touring Capital
LocalGlobe- MGMehdi Ghissassi
Zero Prime Ventures
Series A7 investors entered at this stage
Series B and later3 investors entered at this stage
Kleiner Perkins
Samsung Ventures
Bezos Expeditions
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about CuspAI on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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