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.