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623 CuspAI raises €393.2 million at €2.2 billion valuation; launches AI Materials Foundry to accelerate materials discovery

EU-Startups
Rahul Raj @ EU-Startups · today 04:55 EDT

CuspAI raises €393.2 million at €2.2 billion valuation; launches AI Materials Foundry to accelerate materials discovery

CuspAI, a Cambridge-based company building an AI system for materials discovery, today announced its €393.2 million ($450 million) Series B funding round at a €2.2 billion ($2.6 billion) valuation and the launch of “AI Materials Foundry”, a global network to accelerate the design of new materials.  The funding round was led by Kleiner Perkins and ...

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