CuspAI

Assembly Line

CuspAI raises $30M to create a GenAI-driven search engine for new materials

๐Ÿ“… Date:

๐Ÿ”– Topics: Funding Event

๐Ÿข Organizations: CuspAI, Hoxton Ventures


The modern method of coming up with new materials is to make something and then use a computer to work out whether the material came out correctly. But what if you flipped that around, using generative-AI-driven software to design the material in the first place? Thatโ€™s the premise behind Cambridge, U.K.-based CuspAI, which has now secured $30 million in a seed round led by Hoxton Ventures, with significant participation from Basis Set Ventures and Lightspeed Venture Partners.

The company says its platform functions like a search engine for materials, enabling the fast evaluation of a โ€œvast number of novel structures.โ€ An area where CuspAI thinks AI-designed materials could have a significant near-term impact is carbon capture and storage.

Read more at TechCrunch