CuspAI has Secured $100 Million+ Series A to Revolutionise Materials Discovery with AI

CuspAI, the frontier AI company on a mission to solve the breakthrough materials needed to power human progress, led by Dr Chad Edwards, Prof. Max Welling, Dr Markus Hoffmann, Debbie Toms, Dr Felix Hanke, and Alessandro De Maria, has secured $100 million+ Series A funding round co-led by New Enterprise Associates (NEA) and Temasek, with participation from NVentures (NVIDIA’s venture capital arm), Samsung Ventures, Hyundai Motor Group, and returning investors. Other firms participating include Basis Set Ventures, FJ Labs, Giant Ventures, LocalGlobe, Northzone, Prosus Ventures, Tiferes Ventures, and Touring Capital. Angel investors include Durk Kingma (OpenAI Co-Founder), Zoubin Ghahramani (Google VP Research), Arash Ferdowsi (Founder of Dropbox), Thomas Wolf (Founder of Hugging Face), and Victor Riparbelli (Founder and CEO of Synthesia). Lila Tretikov, Martin van den Brink, and Lord Browne will join the CuspAI board.

The platform functions as an AI “search engine” for materials, allowing customers to define the exact properties they need and generating synthesisable candidates up to 10x faster than traditional methods. Being materials-agnostic, it has the potential to drive breakthroughs across industries, unlocking billions in value.

The company’s AI “search engine” for materials generates synthesisable candidates up to 10x faster than traditional methods, unlocking breakthroughs across industries. Backed by new funding, it is scaling to market with partnerships including Hyundai (sustainable energy), Kemira (PFAS removal), and Meta (carbon capture), with more to come in semiconductors and beyond.

The Series A marks a major milestone, coming just a year after emerging from stealth with a $30M Seed round. Backed by investors and customers, the focus now shifts to iterating the platform, driving real-world use cases, and accelerating delivery of next-gen materials. Expansion in the US and Asia will further scale operations to meet growing demand.