CuspAI Raises $450M for AI Materials Discovery

CuspAI Ltd., a UK-based AI startup, raised $450 million in Series B funding led by Kleiner Perkins and NEA, with backing from Bezos Expeditions. The round values the company at $2.6 billion. CuspAI launched the AI Materials Foundry, a consortium of over 45 members including Nvidia, Meta, and Samsung, to accelerate materials discovery using its MIRA platform.